FAQ Home | General Questions | Critical Illness Insurance | Life Insurance | Home and Contents
Mortgage Payment Protection | Mortgage Life Insurance | Short Term Income Protection Insurance
Mortgages | Car Insurance | Loans | Private Medical Insurance | Travel Insurance
Hot Topics
- What Will The Initial Costs Of Buying A House Be?
- Before you actually move into your new property – you will have to pay a series of initial costs to cover the following:
- What Happens If We Have A Joint Mortgage, But One Of Us Wants To Leave?
- This area of the law is an extremely complex one – and it all depends on who is the legal owner of the property. You can read about this matter further on http://england.shelter.org.uk/advice/advice-469.cfm
- Low Setup Cost Mortgages
- When you apply for a mortgage and to buy a property, there are certain initial costs that are, on the whole, unavoidable.
- I Have Been Turned Down For A Loan Or Credit Card, Will I Still Be Able To Get A Mortgage?
- If you have been turned down for a credit card or loan, then you need to find out why your application was rejected before you apply for a mortgage.
- What is Adverse Credit?
- If a borrower has a history of poor credit usage then this is described as Adverse Credit, Sub Prime or just simply, Bad Credit. Poor Credit history can include County Court Judgements (CCJ's), Bankruptcy, Mortgage arrears or any late payments on credit cards, credit arrangements etc.
What Is A Remortgage?
‘Remortgage’ is basically the term for switching your mortgage to another mortgage lender.
It’s all about saving money, and that’s why people remortgage, because they have found a cheaper mortgage deal somewhere else. Remortgaging does not necessarily mean that you have to change your lender however, your lender may offer you a more attractive deal and you might stay with them – this is still remortgaging as it will be a new arrangement.
It’s always a good idea to look out for good remortgaging deals – even a 0.5% improvement in interest payments can result in large savings each year. Be aware however that you could be liable for a range of costs including set-up costs (including any high loan to value premium), ongoing interest charges and any changes, and redemption charges on your existing mortgage.
The good thing about remortgaging is that the process is a lot quicker than the first time around. Get all your paperwork ready including bank statements, salary details, existing mortgage statements and proof of identity documents and anything else you are likely to need – and you should have a new mortgage within four to six weeks.
If you are interested in saving money by remortgaging simply click on request a quote, complete the details and a mortgage adviser will phone you back to discuss your options and find you a great deal.
- How much can i afford to borrow ?
- How long are mortgages usually for ?
- How Do I Prove My Income?
- What happens if we have a join mortgage but one of us wants to leave ?
- How Is Interest Calculated On a Mortgage?
- Will I Have To Pay An Arrangement Fee And How Much Will It Be?
1st Time Buyer - Buy to Let Mortgages - Capped Rate Mortgages - Discount Mortgages - Fixed Rate Mortgages - Flexible Mortgages - ISA Mortgages - Low Setup Cost Mortgages - Self Cert Mortgages - Tracker Mortgages - 100% Mortgages Cashback Mortgages - Adverse Credit - Buy to Let - Commercial Mortgages - Company Directors - Equity Release - Fixed Rate Mortgages - Income Multiples - Interest Rates Explained - Mortgage Glossary - Mortgages Explained - Previously Declined - Refinance Mortgages - Repaying Mortgages - Right to Buy Mortgages - Self Employed - Unusual Properties - Variable Rate Mortgages