Tag: Remortgage
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Case Study: Remortgage to Buy a Property Abroad
The Scenario A professional couple based in Virginia Water were exploring options to purchase a holiday home in the Algarve, Portugal. Rather than securing foreign lending, they sought to remortgage their UK home to raise the necessary capital. Their plan was to unlock equity from their existing property to fund the full purchase and associated… Read more
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Is Remortgaging a Good Idea?
Is Remortgaging Right for You? Weighing the Benefits and Drawbacks Remortgaging is a term that often comes up in conversations about managing finances and homeownership. But what exactly does it mean, and is it something you should consider? Whether your current mortgage deal is coming to an end, or you’re exploring ways to better manage… Read more
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What If Your Fixed-Rate Mortgage Deal Ends
What to Do When Your Fixed-Rate Mortgage Deal Ends As your fixed-rate mortgage deal approaches its end, you might be feeling uncertain about what lies ahead. Mortgage rates have fluctuated over the past few years, and the end of a fixed-rate term can bring significant changes to your financial situation. Understanding your options and planning… Read more
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Case Study: House Move and Remortgage in Farnborough
Helping our customer keep their existing mortgage and move house in Farnborough Our recent experience with a couple based in Farnborough stands as a testament to our commitment to finding personalised mortgage solutions. This case study shows the complexities they faced and the strategic approach we adopted to transform their aspiration of owning a dream… Read more
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Remortgaging for Debt Consolidation
Remortgaging for Debt Consolidation: Pros, Cons, and Expert Guidance Debt can be overwhelming, especially when juggling multiple repayments with varying interest rates. Remortgaging for debt consolidation may offer a potential solution by combining your debts into a single monthly payment, often at a lower interest rate. However, while this can simplify your financial management, it’s… Read more
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Case Study: Residential Remortgage with Capital Raising
The Scenario A single homeowner in Farnborough sought to remortgage their property to raise capital for further home improvements. The client, a full-time employed professional earning £135,000 annually, was focused on securing a flexible mortgage solution that aligned with their financial goals. The property, a house valued at £420,000, was being remortgaged with equity as… Read more
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How Long Does a Remortgage Take?
How Long Does It Take to Complete a Remortgage? Remortgaging your home can be an effective way to secure a better mortgage deal, release equity, or consolidate debt. However, understanding the remortgage timeline is crucial, especially if your current deal is coming to an end. Here we’ll explore how long a remortgage typically takes, what… Read more
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Should I Get My House Valued Before Remortgaging
Remortgaging Soon? Why a Property Valuation Could Save You Money If you’re thinking about remortgaging, one of the first things you might wonder is whether you need to get your house valued. It’s a fair question, and one that can make a real difference to the rates and products available to you. The value of… Read more
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Remortgage After A Bridging Loan
Bridging Loan to Mortgage: A Guide to Remortgaging The transition from a bridging loan to a traditional mortgage can be a complex but necessary step. Bridging loans, while essential for securing quick funds, often come with high interest rates and short repayment periods. Remortgaging can provide a more stable and affordable long-term solution. At Kerr… Read more
