The Role of a Mortgage Advisor: What to Expect When Seeking Free Remortgage Advice in Manchester

You've reached a point being a homeowner where remortgaging seems like the next logical step. Perhaps your current product is about to expire,  you want to release equity for home improvements, or consolidate debts. It's a smart, but puzzling move. You're left with questions like, "So, where the heck do, I even begin?" "Which mortgage is the perfect fit for yours truly?" and "Am I scoring the sweetest deal out there?"

At Identityfs, we know that remortgaging isn't just about numbers. We're here to simplify the mortgage process for you and provide a free remortgage review in Manchester.

Remortgaging means swapping your existing mortgage for a new one, either with the same lender or moving to a new lender that is best for your circumstances that the time.

Reasons for Considering Remortgaging

People consider remortgaging for various reasons, including obtaining a lower interest rate to reduce monthly payments, releasing equity for home improvements or debt consolidation, switching to a more favourable mortgage deal, and escape running onto variable rate fluctuations. It offers a chance to optimize financial benefits and adapt to changing circumstances.

But guess what? Our crew is pretty ace at spotting those chances to save, making sure you're not forking out extra on your mortgage.

Benefits of Remortgaging

●       Lower Monthly Payments

●       Unlocking Equity

●       Debt Consolidation

●       Faster Mortgage Payoff

●       Customised Financial Solutions

What to Expect

●       Our team will make you feel welcome from the moment you walk in.

●       We'll ask you questions to understand your unique situation and goals.

●       We'll dig into your current mortgage, finances, and credit history.

●       We'll explain your remortgage options in simple terms and discuss the pros and cons.

●       We'll find the best remortgage option for you, based on your goals.

●       We'll be upfront about our fees and any costs involved.

●       We'll work quickly to get your remortgage on track.

●       We’ll clarify your questions and concerns, even after the process is over.

●       We'll keep your financial information safe because we care about your privacy.

Steps in Remortgaging Explained

1.        Decide why you are remortgaging.

2.        Pay bills on time to improve your credit score.

3.        Talk to a mortgage advisor for guidance and recommendations.

4.        The lender may assess your property's value. Example: They might send a surveyor.

5.        If approved, the lender will provide a mortgage offer with the terms and conditions.

6.        Carefully read the offer, understand the terms, if any questions

7.        You'll begin making payments according to the new terms, new rate etc.

Simplify remortgaging by taking a free remortgage review in Manchester. 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.

All the information in this article is correct as of the publish date. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information as this may have changed since this was written.