Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
Mortgage advice from Regent Street Advisers Limited takes all the hassle and stress out of choosing and arranging your mortgage. As well as deciding which is the right mortgage for you, our helpful mortgage advice team will manage your entire application, taking you through the whole process, all the way to successful completion.
When you remortgage, you are switching your mortgage to another deal, and frequently, another lender. Remortgages can be used for various reasons. Most people simply switch mortgages because it will work out cheaper for them. For example, the introductory discounted interest rate may have finished with your current lender; therefore you could get a discount, or a lower interest rate, with another lender.
It is worth noting that a remortgage is not the best option in all cases. Even if the lender you are considering switching to is offering a lower interest rate, you must take into consideration the facts that:
Buy to Let
Becoming a private landlord should not be seen as an easy way of making money. It can be riskier and more complicated. It can also be very time consuming, more than most forms of investment, and there is no guarantee that house prices will rise. That said, having a second property to let to tenants could reap considerable financial rewards over time.
There are 3 main differences in buy to let mortgages:
When buying a second property to let you will need to decide whether your primary objective is income or capital growth. In other words, are you looking to make a profit month on month or are you looking to make a profit through increased equity from the second property if it increases in value over time? The decision may affect the type of property you purchase, and the location.
There may be a fee for mortgage advice. The precise amount will depend upon circumstances but we estimate that it will be £349.00. Your home may be repossessed if you do not keep up repayments on your mortgage.