Re-mortgaging Your Property
Many of us are looking for a better mortgage deal, or would like to release some of the equity in our home but the process is often not as easy as it first appears.
So what do you need to know before you seriously consider remortgaging?
Where to start?
The first step is to contact us and we can advise you on the best remortgaging options.
We will work with you to check the terms and conditions of your existing mortgage. These will tell if you are tied-in to your mortgage deal or if there are any early repayment charges. You can then decide if it is worth switching to a different rate or stay put until the penalties have expired.
How do I apply?
We will of course guide you through the whole remortgaging process, which will include:
How long does it take?
The whole process should take about a month to complete however this may vary from customer to customer.
Once you have received a completion statement from your solicitor or new lender, the process has finished and your new mortgage is in place.
FR Associates is a trading style of Nigel J S Farrar and is an Appointed Representative of Mortgage Next Network Limited, which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.
We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service ( https://www.financial-ombudsman.org.uk/consumer/complaints.htm ).
0845 051 9428
7 Eaton Close
Sandbach
Chesire
CW11 1HS