Save with the Right Remortgage Deals in the Market Today

If your current mortgage product is due to expire, speak to a mortgage advisor 3 to 6 months before it expires. You could look to save by securing the most suitable remortgage deals in Manchester early. So you don’t run onto the lender SVR (Standard Variable Rate) as this could be around 6 – 11% depending on the lender.

Should You Compare Rates To Find The Right Remortgage?

To compare rates, you will no doubt spend a lot of time surfing the internet trying to compare rates and lenders. IdentityFS, can source from a wide range of lenders, from building societies and large high-street banks to specialist lenders. In a matter of minutes, saving you maybe hours. Additionally, we frequently have access to broker exclusive products. Once we have had a conversation, about your requirements and circumstances for your remortgage requirements, we can then recommend the most suitable mortgage product.

When evaluating a remortgage application, lenders have their own criteria. That’s why there are so many lenders. As no one client or application is the same. Therefore, some lenders are known for having different affordability, some are better for self-employed clients, some for first-time buyers. As a broker we will compare your current situation, to either look to move you to the competitive lender in the market. Or stay with your current lender for a product transfer.

Some are happy to consider each case on an individual basis, while others have a strict criteria policy. As mortgage advisors this is where we can help save you more time. As we do this day in day out. We have a better steer on which lender criteria may be suitable for your circumstances. The mortgage market is a moving beast, and other variables may cause lenders to alter their criteria, but IndentityFS keeps abreast of any updates on your behalf.

It varies from lender to lender, but you could lock into a new contract three to six months before your current mortgage expires. Once the rate is secure your broker can keep an eye on the rates. If the rate drops with that same lender, you can take advantage of this new rate. If it goes up, then you have a secured rate. So, its best to start your remortgage conversation at least 6 months before your current rate is due to expire. Then your broker can keep an eye on the market for you ensuring you get the right remortgage deals in Manchester

Let the IdentityFS remortgage experts know how we can assist you since we always prioritise our clients. Reach out to us now.

YOUR HOME (OR PROPERTY) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

A FEE MAY BE CHARGED FOR MORTGAGE ADVICE. THE EXACT AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES.