028 9145 6262

info@14Ufinancialsolutions.co.uk

mortgages

Re-Mortgaging

Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Most people can benefit from regular re-mortgage advice. You should take advice about three to four months before the end of your current deal.  We carry out a review of your current circumstances, taking on board any changes to income or expenditure and your objectives going forward.

Your review should include, but is not limited to:

  • The term of the mortgage – is it still right for your circumstances?
  • The Repayment method
    -- if you have been paying only interest should you change to a Repayment Mortgage?
  • What type of rate suits you best – Variable or Fixed?
  • The amount you wish to borrow – affordability
  • Do you want to make overpayments?
  • Will you need to borrow further funds in the future?
  • Is your mortgage adequately protected – against the death or ill health of the borrowers?
  • Can you make savings in any other area?
  • Does your existing lender have suitable options?
  • Are you intending to move house in the future?
  • What is the current value of the property you are re-mortgaging? 

Normally when you become a client, we will remind you about four months prior to the end of the deal that your Mortgage is due for review.
 


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

We charge a Broker Fee of £199 on application and £190 on completion of your Mortgage.

*Some forms of Bridging Finance and most Buy to Let Mortgages are not regulated by the Financial Conduct Authority.

Commercial Mortgages, Overseas Property & Mortgages, Wills, Probate, Trusts and Tax & Estate Planning are not regulated by the Financial Conduct Authority. 

Pensions, Investments, Wills & Probate, Tax & Estate Planning, Overseas Property & Overseas Mortgages, Commercial Mortgages, Bridging Loans and Commercial Insurances are referred to specialist suppliers. 1 4 U Financial Solutions Ltd or PRIMIS are not responsible for any advice received from a third party.

This website is intended for people over 18 years of age who are resident in the UK only. The website and the information contained therein should not be regarded as an offer or solicitation to conduct business in any jurisdiction other than the UK. These pages provide generic information about various aspects of financial services advice that we provide. We hope they are helpful to you but they do not on their own add up to recommendations and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. Contact us for further advice to enable you to make an informed decision based upon your individual circumstances.

Mortgages Options

Re Mortgage
Buy to Let Mortgages
Co-Ownership Mortgages

Downloads

A Guide to Mortgages

About our Services

Mortgage Checklist

Confidential Questionniare

Customer Privacy Notice

E-Marketing Consent

Monthly Budget Planner

Mortgage Calculator

This information is a guide only and should not be relied on as a recommendation or advice that any particular Mortgage is suitable for you. All Mortgages are subject to the applicant(s) meeting the eligibility criteria of the specific lender. You should make an appointment to receive Mortgage advice which will be based on your needs and circumstances.

Read what our clients say

"understood my specific situation"
Mr and Mrs N Bangor, April 2023   -   Read more