BM Solutions – Switch Your Mortgage Rate with a Broker
Switching Rates and Product Transfers with BM Solutions If you are coming to the end of your fixed rate with BM Solutions (Birmingham Midshires), or you are already on the standard variable rate, brokers can take a look at your switch rate options and some don’t charge a broker fee to process the switch. Switching…
What is a Drive-By or Desktop Mortgage Valuation?
Mortgage lenders are increasingly relying on ‘desktop’ and ‘drive-by’ valuations when assessing your property for a Remortgage When remortgaging, some mortgage lenders will opt to carry out a drive-by valuation. In order for this to happen, you will need to pass certain risk checks with the lender. How to Qualify Whilst there is no concrete list…
Should I move to a new fixed rate deal early?
The Bank of England raised interest rates to 2.25% yesterday. With the new interest rate announcement (and the fear that as the months go on interest rates could go much higher), some homeowners are asking the question of whether it would be better to move their current fixed mortgage to a new deal before things…
How early can you remortgage?
We explore how early you can remortgage your property, whether you have an existing mortgage or not. Many borrowers choose to remortgage to a new lender to raise capital or lower their monthly payments. How soon can I remortgage? The general rule is always within the last 3 months of your existing deal if you…
How to Remortgage your Home
Once you have purchased a property and you’ve moved in, it’s easy to forget about your initial mortgage deal. We explore the remortgage process, what you need to check before you begin and how to remortgage your home. Before you Remortgage 1. Check when your deal expires Your mortgage offer will remind you when your…
Remortgage – Credit Card Debt Consolidation
Are you looking to Consolidate your Debt? If you are struggling to make debt repayments along with your mortgage and have enough equity in your property, we can consolidate your credit card and loan debt with a quick remortgage so that you will simply make one low monthly payment. The maximum mortgage loan you…
Remortgage for Home Improvements
Remortgaging for Home Improvements If you have enough equity in your property then it will be possible to remortgage to carry out home improvements. You will need to show the new lender that you can afford the new increase in the mortgage loan, so your current income and credit profile will be tested.…
My Mortgage Deal is Ending What Do I Do?
Speak to your current mortgage lender We always advise that you speak with your current lender first to check what new deal you will be offered, but also to check if there are any fees or charges to move your mortgage. This can be done with a simple phone call to get some indicative…
Remortgage Broker
When it is time to remortgage, a remortgage broker can help you find the best deal. Why use a broker to remortgage? Brokers can search the whole of market and get back to you with the best option, they can also advise and make a recommendation on other solutions that could be more…