Residential Re-Mortgages
Apply Mortgages
Your Specialist London Mortgage Broker
RATED
EXCELLENTTrustindex verifies that the original source of the review is Google. Apply Mortgages... What can i say... Excellent!!! From start to finish, they have been amazing, especially Kaan. Responsive, efficient and knowledgeable. These guys came highly recommended and will continue to recommend to everyone i know. Thanks guys !!Posted onTrustindex verifies that the original source of the review is Google. Kaan has gone above and beyond from day 1. He’s proactive and has made the whole experience seamless. Wouldn’t use anyone else and can highly recommendPosted onTrustindex verifies that the original source of the review is Google. I can’t speak highly enough of Kaan and his team. From start to finish they helped us every step of the way and to put the work in they did to make our mortgage happen we cannot thank them enough. Outstanding!!! Highly recommended!!Posted onTrustindex verifies that the original source of the review is Google. I couldn’t recommend my mortgage broker more! Kaan made the whole process quick, easy, and completely stress-free. His professionalism and clear guidance made all the difference — he secured me the best rate and led the process with confidence and care from start to finish. Truly exceptional service!Posted onTrustindex verifies that the original source of the review is Google. I was referred to Kaan through family who was so pleased with his services, explination of the buy to let process and the ulimate refinancing. Being self employed and income from fostering refinancing a mortgage is not an easy pricess. I also wanted to extend my mortgage years . Apply mortgages were able to identify a provider and pull together all my details and present it to the provider to get the apprival answering all my requirements Apply mirtgages were able to get the apprival that has changed my finacial future for the better.Posted onTrustindex verifies that the original source of the review is Google. I would highly recommend anyone to use the services of Apply Mortgages. Kaan consistently went above and beyond to ensure our mortgage and buying process was smooth, giving transparency of what to expect and managing expectations of several moving parts throughout. His service exceeded expectations and made the end to end process pain free and sped up what we anticipated to take much longer!Posted onTrustindex verifies that the original source of the review is Google. From start to finish the whole team keeps you in the loop as to how things are progressing! With constant awareness of which deals are soon to drop by big providers! 5 star all the way!!!Posted onTrustindex verifies that the original source of the review is Google. I am so pleased with Apply Mortgages and the great service provided. Kaan was always extremely responsive and helpful throughout the whole process. I would highly recommend using them.Posted onTrustindex verifies that the original source of the review is Google. Amazing service all round. Buying a property is stressful as it is, but Kaan’s expertise really helped with the process and securing our dream house. Would highly recommend.Posted onTrustindex verifies that the original source of the review is Google. Absolutely 5 star! Thank you for your assistance and guidance throughout the process. Very professional and efficient.
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RESIDENTIAL RE-MORTGAGES
Unlocking Better Deals and Financial Flexibility
Are you considering a better mortgage deal or looking to release equity from your property? Re-mortgaging could be the solution you haven't fully explored. At Apply Mortgages, we specialise in guiding you through this often complex process, helping you understand and capitalise on your options.
Why Consider Re-mortgaging?
- Approaching the end of your current mortgage's special rate period
- Seeking a more competitive interest rate
- Looking to release equity for home improvements, debt consolidation, or other purposes
- Wanting to switch to a more flexible mortgage product
OUR APPROACH TO RE-MORTGAGING
The re-mortgaging process couldn't be easier with Apply Mortgages!
- Initial Consultation: We start with a comprehensive discussion about your financial situation and goals. This helps us understand your unique circumstances and tailor our advice accordingly.
- Current Mortgage Analysis: We'll review your existing mortgage terms, including any early repayment charges or tie-in periods, to determine the most cost-effective time to re-mortgage.
- Market-Wide Search: As independent advisers, we have access to a wide range of lenders and products. We'll scour the market to find the most suitable re-mortgage options for you.
- Clear Recommendations: We'll present you with clear, jargon-free explanations of your best options, including potential savings and any associated costs.
- Application Support: Once you've chosen a new mortgage product, we'll guide you through the entire application process, liaising with lenders and other professionals on your behalf.
THE RE-MORTGAGING PROCESS: WHAT TO EXPECT
At Apply Mortgages, we're committed to making your re-mortgage journey as smooth and beneficial as possible. Our expert advisers are here to answer your questions and provide personalised guidance every step of the way.
- Document Gathering: We'll help you collate necessary paperwork, including your latest mortgage statement and proof of income.
- Application Submission: We'll complete and submit your mortgage application to the chosen lender.
- Property Valuation: The new lender will arrange a valuation of your property.
- Mortgage Offer: Upon approval, you'll receive a formal mortgage offer outlining the new terms.
- Legal Work: Solicitors will handle the legal aspects, including liaising with your current and new lenders.
- Completion: Once all checks are satisfied, your new mortgage will be put in place, and any additional funds (if applicable) will be released.
Ready to explore your re-mortgage options?
Contact Apply Mortgages today for a no-obligation consultation and take the first step towards potentially significant savings and improved financial flexibility.
Residential Re-Mortgage FAQ's
How often should I consider re-mortgaging?
It's advisable to review your mortgage every 2-3 years or when your fixed-rate period ends, but the ideal timing depends on your individual circumstances and market conditions.
Will re-mortgaging affect my credit score?
Applying for a re-mortgage typically involves a credit check, which may temporarily impact your credit score. However, successfully managing a new mortgage can positively affect your score in the long term.
Can I re-mortgage if my property value has decreased?
It's possible, but it may be more challenging. If your property value has fallen, you might have less equity, which could limit your options or result in less favourable rates.
Is it possible to re-mortgage with bad credit?
Yes, but your options may be limited. Some specialist lenders cater to those with impaired credit histories, though rates might be higher.
Can I re-mortgage to consolidate other debts?
Yes, many people re-mortgage to consolidate debts. However, it's crucial to consider the long-term implications of securing previously unsecured debts against your home.
How long does the re-mortgaging process typically take?
On average, re-mortgaging takes 4-8 weeks, but it can be quicker or longer depending on your circumstances and the lenders involved.
Are there any fees associated with re-mortgaging?
Common fees include valuation fees, arrangement fees, and potentially early repayment charges on your current mortgage. We'll provide a clear breakdown of all potential costs.
Can I re-mortgage before my current deal ends?
Yes, but you may face early repayment charges. Sometimes, it's still beneficial to re-mortgage early if the savings outweigh the charges.
Is it possible to re-mortgage and borrow more?
Yes, many homeowners re-mortgage to release equity. The amount you can borrow depends on factors like your property value, income, and credit history.
Will I need another property survey when re-mortgaging?
Most re-mortgages require at least a basic valuation. However, a full structural survey is typically not necessary unless you're significantly increasing your borrowing.
Disclaimer: a mortgage is secured against your home. Your property may be at risk and repossessed if you are not able to keep up with the repayments on your mortgage or any other debt secured on the property. Mortgage deals may not be available and lending is strictly subject to individual circumstances and status.
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Serving property owners in and around London and the South-East
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CONTACT
Telephone: 0208 529 4545
Email: [email protected]
OUR OFFICE
Meridian House
62 Station Road
Chingford, London
E4 7BA
HOURS
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 2:00 PM
Sunday: CLOSED