Remortgages

Orchard Property and Financial Services are here to search and locate the best deals from the entire remortgage market. No matter what your circumstances are our mortgage advisers are here to help.

A lot of borrowers will choose to remortgage with their existing mortgage lender believing that it will be easier and avoid the hassle that’s involved in going to another lender. The truth is most won’t be taking advantage of better deals that are available. The market is extremely competitive and the lending companies are all competing to offer you a better deal than the next. Orchard will take the stress out of the process by finding the best deal and guiding you through from start to completion.

This is why we exist. We are here to help you get the best deal on a remortgage. This will enable you to get more from the equity built up in your home and at a lower rate. Just to refresh your memory, ‘equity’ is calculated from the difference between the value of your home and your outstanding mortgage. This amount can be converted in to cash known as a secured homeowner loan, also known as a remortgage. This means that the loan is secured against you home.

What is a Re-mortgage?

Re-mortgage means switching your mortgage deal and/or the mortgage lender.

Re-mortgages are increasingly popular, with so many products available re-mortgaging is a popular move, whether you are looking for a better re-mortgage rate deal, more suitable conditions, better service or increasing the loan amount to fund an extension or home improvements.

There are many deals for re-mortgages available. Banks, building societies and specialist lenders can all accommodate your re-mortgage needs.

• You may be able to substantially reduce your monthly mortgage payments.
• Remortgages offer a cost-effective means of freeing up cash.
• Competition means that is quicker, easier and cheaper than ever to remortgage.
• You do have to work out the maths carefully to ensure it is worthwhile.

A remortgage is typically sought after for home improvements, such as a new kitchen, conservatory, bathroom etc. The money can also be used for an extension to the home. All these options can increase the value of your home and in turn could reduce your monthly repayments.

Remortgaging is also known as mortgage-switching, where by you pay off your existing mortgage by applying for another loan at a cheaper rate. Obviously calculations would need to be made in order to work out if this could save you money, otherwise there is no reason to choose this option.

With so many remortgaging options available it could be quite time consuming just looking for the cheapest and right mortgage for you and your circumstances. Here at Remortgages.com we have a team of specialists who do the looking for you. We are currently in the process of searching the internet for the best deals available and will post them on this site soon.

Whether you want to remortgage to switch your mortgage to someone/where else or if you need that little bit of extra cash, there are an abundance of lenders ready to give you their money.

Complete our Mortgage Enquiry form here to request advice from one of our Financial Advisers

Alternatively to find out more information about Remortgaging please Contact us

Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances but will be a maximum of £250, this fee will be payable on completion.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.