Why is a remortgage right for me?

Whether to raise extra funds or better your current mortgage deal,

a remortgage provides a number of advantages for homeowners.


A remortgage is a convenient way to raise capital, where equity is available in a person’s property. Equity is the difference between the outstanding mortgage and property value, and it can be used as a sort of credit facility that most people can tap into. By remortgaging you can release equity and restructure the increased borrowing under a new first charge mortgage arrangement. How much you can borrow will depend on how much equity you have, and how much the lender is prepared to make available to you after assessing your ability to afford the mortgage product involved.

With our advisers, re-mortgaging can be very quick and simple to arrange. One of our expert mortgage advisers will help you through the process step-by- step, working out how much you can borrow, how much it will cost, and what type of mortgage may be most suitable for you. They will even take care of all the paperwork for you, so you don’t need to worry about a thing.

You may have to pay an early repayment charge to your existing lender if you re-mortgage.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Your property may be repossessed if you do not keep up repayments on your mortgage.

A mortgage fee payable is dependent on the complexity of the case and will be agreed at the outset. A fee of up to 1% of the loan amount is payable, for example on a £100,000 mortgage a 1% fee would equate to £1,000. A typical fee is £299 and is payable at the outset or on the issue of an offer of the mortgage.

Contact Us

For further information or if you would like to discuss your requirements then please fill out the contact form. A member of our team will contact you as soon as possible.
Head Office

Yorkshire Financial Consultancy Ltd 37 Commercial Street Morley, Leeds LS27 8HN

0113 2380 550


40 Lowther Street, Carlisle, CA3 8DH

0122 8210 022


10 West Over Road, Scarborough, YO12 5AA


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