Remortgaging is a way of borrowing money against your property, and you can do so even if you already have a mortgage on it. Many people choose remortgaging as a way to save money by getting a better rate, especially if the interest is going to go up due to factors such as your current deal ending.

If the value of your home has gone up significantly, then you may want to consider a remortgage as you may be eligible for lower rates. Here at Options Mortgage Centre we have access to a wide range of good remortgage deals for you to consider, and these rates can vary according to the value of your house.

WHY REMORTGAGE?

Remortgaging as a way to raise equity from you home can bring you many advantages including:

* Usually a lower interest rate than a normal loan or credit card *
* Raise cash from your home’s equity when you need it *
* Improve your financial position *
* Consolidate your current debts *
* Make home improvements *

Mortgage deals may not be available and lending is subject to individual circumstances and status.

A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME OR PROPERTY. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE MOST FORMS OF BUY TO LET MORTGAGE.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

EXPERT ADVICE – CONSIDER THE RISK

Remortgaging can be a risky way of raising funds, and without the help of an expert, you could receive a bad rate or deal and put yourself at risk. For this reason, we offer expert advice for your remortgage plan, and can provide you with a range of competitive deals from different lenders, giving you flexibility in the route you go down.