We provide
Remortgage
Advice
If it's time to arrange a new mortgage, then it's time for our remortgage advice
When it comes to our remortgage advice, we always focus on ensuring that your next mortgage fits you like a glove. As with all mortgages we arrange, we will search the market to find you the most appropriate new mortgage. As well as rates, we will look at lender service levels and other key factors before making a recommendation to you. And we will be with you every step of the way to completion and beyond.
Our remortgage advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other (unless we already know each other) and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: Our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow and what kind of loan to value a lender will be prepared to offer you.
Step 3: We search the market
We’ll then move on to search the market for you. In addition to finding you the best rate, we’ll take into account other things like lender service levels and affordability calculations. As well as using our unique knowledge of the remortgage market to ensure we place you with the most appropriate lender. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your remortgage and you can be confident that we’ve arranged the most suitable remortgage for you.
Making it easy
Our mortgage advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: We provide our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow and what kind of a mortgage deposit you’ll need to buy that dream home. We’ll also suggest the best type of mortgage for you, looking at fixed and variable rates.
Step 3: We search the market for you
We’ll then move on to search the market for you. In addition to finding you the best rate, we’ll take into account other things like lender service levels and affordability calculations. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your mortgage and you move in. Alas, we can’t guarantee the moving experience will be easy, but at least you are safe in the knowledge that you have the most appropriate finance for you.
Remortgage
Case Study
Case Summary
Our applicants were existing clients of Summit Capital Mortgages who had taken out a 2-year fixed rate, 18 months ago. The mortgage was due to expire in 6 months’ time, but the applicants were concerned that with inflation at a high level and the Bank of England base rate on the way up, the rate that they could secure when their mortgage expired, would be much higher than their current deal.
Our Solution
We were able to secure a 5-year fixed rate, 6 months before their current mortgage expired. This meant that we could lock in a cheap deal for them, before interest rates increased too much, with the mortgage starting the day their current rate expired.
The numbers
Mortgage Calculators
Our useful mortgage calculators can help you work out the key numbers without any hard questions.
