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Remortgage advice NI

What is a remortgage?

Remortgaging means moving from your current mortgage lender to another, different lender. This could be for a number of reasons such as reducing your interest rate to save money on your monthly repayments, changing the type of mortgage you have, borrowing more money on top of your existing mortgage for home improvemnts and many more. If your objectives fit one of these, then remortgaging your current property might be what you want to do.

How do I know if I should remortgage?

As mentioned above there’s a number of reasons why you may want to remortgage in Northern Ireland , but we will highlight the factors that may make you want to switch.

  • If you’re current mortgage deal ends soon, now would be the perfect time start doing some research with a broker to find a better deal for you circumstances.
  • If your property has increased in value, you may have a lower loan to value ratio meaning you could borrow more money for things such as home improvements or large purchases.
  • If you’re wanting to pay off your mortgage earlier than previously anticipated, but your current deal doesn’t allow you to make overpayments; you may want to consider switching to a lender thats does.

Our brokers have years of experience in the remortgaging space and are alwasy available to talk through your current deal and work to find you a better one. Just click here to enquire about an appointment and someone will be in touch with you.

Try our mortgage calculator.

Budgeting is important, so start now. Get an estimate of what lenders might loan you and also calculate a figure that could resemble a similar monthly mortgage payment

Looking for something else?

This is a mortgage that you will need advice on if you have never owned your own home before.

A self build mortgage, provides you money to purchase land and money in instalments to build the property.

Buy to let mortgages

A buy to let mortgage is a mortgage that allows you to purchase a house and rent it out as a source of income.