Welcome to Female Independent
Providing one environment for all your mortgage and home insurance needs
Re-Mortgages:
Many people with mortgages have been with the same Lender for a number of years and as a result of this they tend to be paying the Lenders standard variable rate.
In most cases we can find an alternative Lender willing to offer them a lower interest rate which can save clients money by lowering their current monthly payments
Again, as house prices have risen dramatically over the last few years, clients may wish to consider borrowing more money from the Lender in order to carry out home improvements or indeed consolidate existing loan/credit card debts which again can substantially reduce the monthly outgoings.
Many lenders offer a free valuation on the existing property and free legal fees to transfer the mortgage over to the new lender which avoids the client incurring the costs.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The financial services authority do not regulate all forms of mortgages.