Remortgage
What’s the time? Its REMORTGAGING time!!!
We work with EVERYONE!
Your choice of lenders when using Fish4Mortgage is limited only by the lenders available, we work with everyone, so we’ll find you the best deal to suit you, not us.
We’ve helped thousands of people remortgage their properties and we pride ourselves on our 5-STAR TLC service.
We’ll search far and wide for the best deal
We search every lender, every bank and every deal and we won’t rest until YOU’RE happy!
So, what’s a remortgage?
In simple terms a remortgage is where a new mortgage lender advances you enough money to pay off your current mortgage lender, then lends you additional mortgage funds to use as you see fit.
Remortgage to get a better rate
When you take out a new mortgage, you normally get a ‘teaser’ rate or introductory deal. Once this ends though, you can face more expensive mortgage repayments.
A low fixed or discounted rate or a low tracker rate lasts for the first few years of your mortgage. Introductory deals normally last for between two and five years.
Once the deal ends, you'll most likely be moved onto your lender's standard variable rate. which will usually be higher than other rates that you might be able to get elsewhere.
Check out our mortgage calculator to see what rates are available to you!
Remortgaging for more flexibility
Remortgaging might also enable you to get a more flexible deal – for example if you want to overpay.
Maybe you want to switch to an offset or current account mortgage, where you use your savings to reduce the amount of interest you pay permanently or temporarily – and have the option to draw your savings back if you need them.
Remortgaging to clear existing credit
If you have outstanding credit that you would like to clear then you might be able to remortgage.
Even though interest rates on mortgages are normally lower than rates on personal loans and much lower than credit cards, you might end up paying far more overall if the loan is over a longer term.
Government Schemes
There are a range of government schemes available to help people purchase houses.
