Buying a house is one of the most important purchases you will make. Buying a home for the first time can be an even more daunting prospect.
Self-certification (self cert) is a simple way of detailing your income without having to provide proof of income.
Your mortgage may have been the best deal for your circumstances at the time but is it still performing as well as it could?
Switch your mortgage and save money
Remortgaging is a good way to escape high variable or fixed interest rates and more and more UK homeowners are moving their mortgages to save money. Even if you have just come out of a special deal and are obliged to pay an early repayment charge if you change, do not be deterred, re-mortgaging may reduce your monthly mortgage payment enough to still save you money in the long run.
As well as reducing your monthly payments, you can also use remortgaging to release the equity that's built-up in your property over time. If you have owned your property for several years, it could be worth more than your outstanding debt therefore taking out a larger mortgage could release some extra cash. This could be spent on home improvements, a new car or a luxury holiday if you like. You must me mindful that if you are releasing equity in your property this usually will increase your payments.
When you re-mortgage, you are essentially replacing your existing mortgage with a new one, shifting your debt from one lender to another. Fortune Network Mortgages will take into account what different lenders are offering at present and find the best deal for your new circumstances from our carefully selected panel of lenders.
The overall cost for comparison is 8.4% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. A typical broker fee is £2100, but this is for a remortgage solution, it incorporates when necessary the solicitor's fees, solicitor's disbursements, our broker fee, processing costs and the property valuation fee, you pay no up-front fees when choosing this payment option.
Your home may be repossessed if you do not keep up repayments on your mortgage.