Do you already own a home and want to find the best mortgage rates to remortgage with? Or are you looking to purchase a new home and want to get the best deal for your mortgage. Our advisors can look at a number of lenders from across the market. These products will be compared to one another to make sure that we are providing you with a mortgage that is best for you and your individual circumstances. If you are wanting to remortgage we can check to see how much you can remortgage for and ensure you get the best mortgage rates possible. We will help to make sure the transaction is smooth and hassle-free. Getting the best mortgage rates could help to save you thousands on your repayments.
When remortgaging there is a lot of things to think about. In some cases, it could be cheaper to stay at the rate that you are currently on rather than having to deal with early exit fees and other charges you might get by closing your mortgage early to open a different one. Therefore you should always consider staying on your standard variable rate. You can remortgage with your existing lender as they might offer you a good rate to keep you with them.
If you remortgage with a new lender you may be in a stronger position than what you were in when you first brought your home. As you have been paying off your mortgage over the last two to five years you would be built up equity in your home and may even have benefitted from price rises. This means that when you come to remortgage, the new mortgage will be a smaller percentage of the value of the home. This therefore may enable borrowers to get better deals than what they could originally get the first time around.
Mortgage lenders are always on the lookout for new customers just like any other business, to attract customers in they offer very attractive rates, if you are looking to get a better deal than you are currently on, you should be able to find something that is better. The golden rule is to add up all the costs involved and compare them to the savings if the costs out weight the savings then it is probably best to stay on your SVR.
Barrett Mortgages was set up by founder Darren Barrett in 2009, during some of the hardest market conditions the industry has seen. We offer unparalleled, clear, trustworthy, honest and upfront service. This has meant that our business has thrived during the times when clients have needed more individual and specialist help. Our staff are all fully qualified, experienced and chosen based on their keenness to provide the best possible experience for our customers. We don’t use any pushy sales tactics and have built ourselves a strong reputation which is important as we rely heavily on referrals from clients.
If you are in need of advice and help to save money on your mortgage please get in contact with our team and they can help you find the best mortgage rates.