Saturday, August 18, 2007
Introduction
Welcome to bestremortgages.blogspot.com. We are constantly updating our site to bring you the very latest from the remortgage market. We also provide the information you need to know before steps are made to remortgage. Most people will remortgage their home with their current mortgage holder, usually their bank or building society. However loyal you may feel towards your bank it may not be the best place to remortgage your home. Although your bank may seem to be offering you a good deal on a loan, it is guaranteed that there is a better offer else where. These lending companies all want your business and are prepared to offer a better deal than the next lender to get your signature on their contract.
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.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 bestremortgages.blogspot.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.We realise what a pain staking process remortgaging might seem, but together with our help we’ll make the procedure as hassle free as possible. Fifty percent of all mortgage business last year wasn’t people taking out new mortgages to by a home, but people wanting to remortgage. 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.
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.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 bestremortgages.blogspot.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.We realise what a pain staking process remortgaging might seem, but together with our help we’ll make the procedure as hassle free as possible. Fifty percent of all mortgage business last year wasn’t people taking out new mortgages to by a home, but people wanting to remortgage. 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.
Remortgage Loan
What Is A Remortgage Loan?A remortgage loan is simply a new loan that replaces an existing mortgage. It can be obtained through your existing lender or you can use a different lender, depending on where you can find the best deal. As part of the remortgage process, your old mortgage will be paid off and you may even have the option to cash out some of your home equity.
Why Would I Want A Remortgage Loan?
There are a number of reasons why you may want a remortgage loan:
To take advantage of a lower interest rateTo pay for large expenses such as a child's education or weddingTo pay for remodelling or expansion of your existing homeTo pay off other higher rate debts like credit cards or car loansRemember that a remortgage loan is secured by your home, so it's important to make the payments on time and in full to maintain the loan in good standing.
Why Wouldn't I Want A Remortgage Loan?
In some situations, a remortgage loan might not be a good idea. For example, if it hasn't been very long since you obtained the mortgage or you got it at a very discounted rate you may face substantial penalties for early repayment. Or, if the balance on your existing loan is very small you may find that lenders are unwilling to underwrite a remortgage or that the fees they charge will be greater than the remortgage savings.
Another reason not to remortgage is if your employment has recently changed, especially if you are newly self-employed. Lenders want to be reasonably sure you’ll be able to repay the remortgage amount and they are often reluctant to lend to people with uncertain future incomes. However, some lenders specialize in these situations so do more investigation aboutyour options.
Remortgage Types
There are many different types of remortgage product available, each offering slightly different benefits:
Poor/bad credit remortgages - No matter what your financial history, you can find a remortgage deal to suit you
Student remortgages - Usually backed by a guarantor, student remortgages are a good way to save cash on repayments
Divorce remortgages - Refinance after a divorce or separation
Self-certified remortgages- A different way to arrange a remortgage if you are unable or unwilling to prove income
100% remortgages- Deals that require zero deposit
125% remortgages - Borrow more than your house value and use the extra cash for investments, renovations, moving etc.
Debt consolidation remortgages - Help alleviate financial pressures by consolidating your debts
Capital raising remortgages - Use a remortgage to raise capital for other investments or purchases
Poor/bad credit remortgages - No matter what your financial history, you can find a remortgage deal to suit you
Student remortgages - Usually backed by a guarantor, student remortgages are a good way to save cash on repayments
Divorce remortgages - Refinance after a divorce or separation
Self-certified remortgages- A different way to arrange a remortgage if you are unable or unwilling to prove income
100% remortgages- Deals that require zero deposit
125% remortgages - Borrow more than your house value and use the extra cash for investments, renovations, moving etc.
Debt consolidation remortgages - Help alleviate financial pressures by consolidating your debts
Capital raising remortgages - Use a remortgage to raise capital for other investments or purchases
Online Remortgage
Start with your remortgage afresh. Online remortgage will swap your existing mortgage with a more favourable mortgage rate. If you are paying a heavy mortgage rate, stop! You now have an online mortgage to ease your debt and lower your interest rate.
Apply Remortgage:
Apply remortgage to lower your interest rates, consolidate your mortgage debts and to make use of your increase in the collateral value. Release your equity and raise additional finance if your equity has gathered more market value and has a positive figure ever since you last mortgaged it, release it now and increase your loan size by refinancing your mortgage.
Fast Remortgage:
Fast remortgage helps you to quickly switch over from one mortgage to another. Getting remortgage involves ending your current mortgage scheme and moving to a better mortgage deal. Avail reduced interest rate with the release of equity.Usually, an updated valuation of the property is carried out, which will take into account all changes in the market value of the house after home improvement, or caused due to the fluctutations in the property market.
Benefits of considering online remortgage:
Major savings: you save more money as you pay less with remortgage loan. Switch over from one mortgage to another for a better mortgage rate.
Lower interest rates:Your interest rates reduce drastically as you may change your adjustable mortgage rate and opt for a lower fixed rate interest with refinance mortgage
Release your equity: Raise additional finance with the release of your equity. Take advantage of the positive value of your collateral and the boom in the property market
Consolidate debts: Online Remortgage helps consolidate all your debts from different lenders as against a collateral. Manage your debts effectively by clubbing them together.
Borrow more: You can now increase the size of your loan. Borrow more with the release of your equity.
Our remortgage company will help you seek out the best remortgage with competitive rates. There’s no sales gimmick, but sound advice is what you get by opting us. Meet our panel of remortgage experts online and clear out all your ambiguities on time.
Apply Remortgage:
Apply remortgage to lower your interest rates, consolidate your mortgage debts and to make use of your increase in the collateral value. Release your equity and raise additional finance if your equity has gathered more market value and has a positive figure ever since you last mortgaged it, release it now and increase your loan size by refinancing your mortgage.
Fast Remortgage:
Fast remortgage helps you to quickly switch over from one mortgage to another. Getting remortgage involves ending your current mortgage scheme and moving to a better mortgage deal. Avail reduced interest rate with the release of equity.Usually, an updated valuation of the property is carried out, which will take into account all changes in the market value of the house after home improvement, or caused due to the fluctutations in the property market.
Benefits of considering online remortgage:
Major savings: you save more money as you pay less with remortgage loan. Switch over from one mortgage to another for a better mortgage rate.
Lower interest rates:Your interest rates reduce drastically as you may change your adjustable mortgage rate and opt for a lower fixed rate interest with refinance mortgage
Release your equity: Raise additional finance with the release of your equity. Take advantage of the positive value of your collateral and the boom in the property market
Consolidate debts: Online Remortgage helps consolidate all your debts from different lenders as against a collateral. Manage your debts effectively by clubbing them together.
Borrow more: You can now increase the size of your loan. Borrow more with the release of your equity.
Our remortgage company will help you seek out the best remortgage with competitive rates. There’s no sales gimmick, but sound advice is what you get by opting us. Meet our panel of remortgage experts online and clear out all your ambiguities on time.
Interest Only Remortgages
Looking for the best interest only remortgages?
Beat That Quote can save you time and trouble when searching for the best interest only remortgage quotes. With Just one quick online form we can search the market to locate the best interest only remortgage deals for your circumstances and requirements. We can even introduce you to a interest only remortgage broker to discuss your requirements and advise on how to get the most from an interest only remortgage. The form will take only minutes to complete and the service is free and without credit checks or obligation.
Finding the best interest only remortgage deal could take you days if not weeks if you were to visit the high street lenders personally or websites individually. It can also be extremely frustrating completing a quote application form for each interest only remortgage lender to discover which offers the best rate for you. So save time, money and frustration by completing our quick form so we will can for the best interest only remortgage quotes for you.
Beat That Quote can save you time and trouble when searching for the best interest only remortgage quotes. With Just one quick online form we can search the market to locate the best interest only remortgage deals for your circumstances and requirements. We can even introduce you to a interest only remortgage broker to discuss your requirements and advise on how to get the most from an interest only remortgage. The form will take only minutes to complete and the service is free and without credit checks or obligation.
Finding the best interest only remortgage deal could take you days if not weeks if you were to visit the high street lenders personally or websites individually. It can also be extremely frustrating completing a quote application form for each interest only remortgage lender to discover which offers the best rate for you. So save time, money and frustration by completing our quick form so we will can for the best interest only remortgage quotes for you.
Self Certification Remortgage
Looking for the cheapest self cert remortgage quotes?With the volume of self employed people on the rise self cert remortgage deals are becoming ever popular but finding the cheapest self cert remortgage rates can be a time consuming task. Beat That Quote can simplify your search of self certification remortgages by locating the best quotes. With one quick application form we can search the market for the best self cert remortgages for your circumstances and requirements and even introduce you to a broker for further advice on the best deals for you. Its fast free and without obligation or credit checks.
If you are self employed, a company director or even a contractor you may be one of the three million people who require a cheap self certification remortgage in the UK. Buying property is possibly the biggest purchase you will make in your lifetime so securing the cheapest self cert remortgage will make a real difference to your cash flow.
Beat that quote can search the self employed remortgage market on your behalf to find the cheapest self cert remortgages for your circumstances and requirements. A broker can discuss your individual needs further and advice on the best self cert remortgage you’re your specific needs. Fill in our form and we will start searching for the cheapest self cert quotes immediately. It’s free and without credit checks or obligation.
Offset Remortgages
Compare the cheapest offset remortgages:
Finding the cheapest offset remortgage can save you thousands in repayments, but with a multitude of varying offset remortgage deals on the market it can be a very difficult task finding the lowest rates. Beat That Quote can simplify your search of cheap offset mortgages in the UK, providing quotes for the best products for your requirements. You can even speak to an offset remortgage broker for help and advice on how to make the most of the best offset remortgage. It’s free and it will only take minutes to apply with no credit checks and no obligation.
By completing just one quick and simple form the market will be searched to gather the cheapest offset remortgage quotes for your circumstances and requirements, eliminating the need for you to individually visit high street banks, lender websites or make a stream of phone calls. Beat that quote can save you time and money by doing the hard work for you. Moreover, Beat That Quote can introduce you to a leading offset remortgage broker whose knowledge of the market will be confirm whether you have selected the best offset remortgage for your circumstances and recommend how to make the most out of your decision. Finding the cheapest offset remortgage quotes is easy. Complete one simple form and we will start searching for you without credit checks or obligation and at no cost.
Finding the cheapest offset remortgage can save you thousands in repayments, but with a multitude of varying offset remortgage deals on the market it can be a very difficult task finding the lowest rates. Beat That Quote can simplify your search of cheap offset mortgages in the UK, providing quotes for the best products for your requirements. You can even speak to an offset remortgage broker for help and advice on how to make the most of the best offset remortgage. It’s free and it will only take minutes to apply with no credit checks and no obligation.
By completing just one quick and simple form the market will be searched to gather the cheapest offset remortgage quotes for your circumstances and requirements, eliminating the need for you to individually visit high street banks, lender websites or make a stream of phone calls. Beat that quote can save you time and money by doing the hard work for you. Moreover, Beat That Quote can introduce you to a leading offset remortgage broker whose knowledge of the market will be confirm whether you have selected the best offset remortgage for your circumstances and recommend how to make the most out of your decision. Finding the cheapest offset remortgage quotes is easy. Complete one simple form and we will start searching for you without credit checks or obligation and at no cost.
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