The term “Remortgaging” is used to describe the process of switching to a better deal with your existing or a new lender. There are a number of reasons why you may be considering a remortgage:
At Wimborne Financial Services, whatever the requirements for your remortgage, our remortgaging advice is always put your needs first, acting with professionalism and due diligence.
The remortgaging process is relatively simple, but can take months rather than weeks. Our dedicated remortgage advisors in Dorset will be able to advise you on the likely timings involved and when you should start the process.
Just because we’re based in Dorset, it doesn’t mean our existing clients are all local. We can help you with a new, better remortgage deal no matter where you live, be it London, Birmingham, Bath or Leeds - anywhere in the UK.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Book Meeting Contact Us About UsChances are, if you're at any of this stage in your life, you will need a mortgage.
Find out how much you can borrow. It’s important to have the facts, so talk to one of our advisers now. Once you’ve had your home valued (we recommend asking three different agents), talk to our mortgage advisors for moving house advice on mortgages and we can combine your available deposit, analyse likely costs of agents and solicitors and help you formulate a budget you can rely on.
Our highly experienced, knowledgeable mortgage broker in Wimborne will search hundreds of different mortgage rates from lenders representative of the market; compare them with your existing mortgage offering to find the best possible mortgage solution that meets your individual requirements.
Put yourself in control by getting your mortgage agreed in principle, which includes confirmation you have passed the your credit rating with the lender and gives you the comfort that you are able to progress any planning permissions or other activities the remortgage may be providing for.
Your lender has approved your remortgage application, and it is over to the solicitors to complete the conveyancing process in line with the end of your current mortgage deal. Sometimes your new mortgage provider will cover the cost of the legal work required in remortgaging. You will need to complete their legal pack issued either at application or on receipt of the mortgage offer and return it. If you are unsure and need some assistance, we can help you complete and return the paperwork.
Your mortgage lender will require you to insure the building/s with your Wimborne Financial Services mortgage advisor, who will offer remortgage advice on buildings and contents insurance and other insurances you should consider.
Congratulations!
Your home may be repossessed if you do not keep up repayments on your mortgage.
Simon Lock
18 April 2024
I have used Wimborne Financial Services multiple times over the years. They have provided a professional, fast and easy to understand service. The advice they have provided me has always provided great value saving me and my family money.
A particular example has been the advice and product recommendations provided prior to recent large interest rate increases.
I would highly recommend.
Andrea and Graham
19 June 2023
Andy has dealt with our financial requirements from soon after he started in business 15 years ago. He was clearly extremely knowledgeable then and having come from another high pressured commercial background knew exactly how to find the best solutions for all of our needs since. If you want straight forward good advice then you will get it and all the mortgages he has done for us over the years have been spot on. Always keeps you up to date on the progress of each event and has been more than happy to offer ongoing advice even when there is no business in the offing.
Would thoroughly recommend
Andrea and Graham - Poole
Georgina Mountney
18 April 2024
Andrew has helped myself and my family with our mortgages for a number of years now. He has always been incredibly helpful and approachable, ensuring we get the best possible deals. Would highly recommend.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
