Private Clients

Remortgages

Remortgaging is in simple terms the process of switching your existing mortgage to a new one, usually with a different lender. To remortgage you secure a new mortgage against your property and use the money to repay the previous existing mortgage, effectively transferring it.

If you are thinking of remortgaging, we can help. Andersons work frequently with a number of mortgage brokers, and are on the panel for all the main lenders.

At Andersons we find that borrowers often wish to switch to a different mortgage product or lender, either to reduce their monthly payments or to enable them to raise additional capital for home improvements.

Many borrowers in fact are still repaying their mortgage on the lender's standard variable mortgage rate, and re-mortgaging can save you money in the long run. By remortgaging, it may be possible also to reduce the monthly payments.

Please contact Paul Richardson for further details:

T: 0800 028 0483

F: 0208 688 7058

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