Remortgaging? Take our advice...
Remortgaging and finding most suitable remortgage rate deals for Northern Irish homeowners is what we do best.
Because we have the knowledge and experience essential to finding you the most suitable remortgage rates.
Remortgaging, where your repay your existing mortgage with another from a different lender, can offer all kinds of benefits, from a better rate, to the opportunity to release equity in your home or to reduce your mortgage term.
In any case, it's a good idea to review your mortgage each year or so in line with any changes to your lifestyle or income.
Remortgaging and finding the most suitable remortgage advice and deals can be complex though, so we set out to make it as easy and straightforward as possible. If you want the benefits of a more efficient, affordable mortgage product - BPS can help make that happen.
How can you find the most suitable remortgage advice, deals and rates?
The easy answer is to ask us. We know the market and work with lenders on a daily basis. By answering a few simple questions, we can highlight the best available deal for you.
While each lender is different, it's safe to say that if you have a good income, a clean credit history and equity in your property, you're in a great position to find a good remortgage deal.
We can help to streamline the process by calculating your earnings, including bonuses and overtime, credit score and payment history. We'll also help you to identify the value of your property - which can be essential in securing a remortgage.
Why would you want to remortgage?
People across Northern Ireland remortgage for many different reasons: to release equity in their home, for example, or to save money if they're coming to the end of their current mortgage deal.
The BPS team advises reviewing your mortgage at regular intervals to ensure you're not paying more than you have to. We can identify if you're free to remortgage without any fees or penalties, and how a remortgage may save you money over the longer term.
Can you remortgage direct with your current lender?
Yes you can. But remember, you'll be limited to their retention mortgage products, rates and criteria.
But if scouring the market place seems like too big a job, ask us to do it for you!
Our service is fee free to you, and we have access to a comprehensive range of mortgage products from a wide variety of lenders - including some exclusive deals.
What should you look out for when you're remortgaging?
It's essential to factor in all of the costs, otherwise remortgaging could cost you money. Legal, administration and valuation fees all add up and if your mortgage is small, it may not be worth your while. We can help you to make that decision and find the most suitable remortgage deal for you.
Remortgaging - A BPS Guide
Remortgaging can be complex but financially worthwhile. The BPS team is here to guide you in:
- Establishing that you meet the criteria and affordability.
- Finding the perfect remortgage deal for you.
- Making the application process as easy and straightforward as possible.
- Liaising with your lender, solicitor and valuer throughout.
- Advice on insurance and protecting your home, family and lifestyle.
For your Fee Free Mortgage Consultation call us on 028 3833 8000 or visit the BPS team at our offices in Moira - or we can come to you. We already help clients across Northern Ireland and the UK.
Your home may be repossessed if you do not keep up repayments on your mortgage.
We do not charge a fee for our services, we receive commission from the provider.