Residential Remortgage
Whether you are accessing equity to fund a new property purchase, either for you or your loved ones, or wanting to renovate, speak to Marigold Finance to get the right mortgage deal.
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Remortgage Your Home
Any mortgage is a big commitment, and for most, its the highest value debt you could take. However, commitment or loyalty to a lender does not always equate to the right lending deal. Not only that, changing a mortgage agreement has become increasingly easier to source and switch over the last few years. The number of lenders, and the frequency of new mortgage deals, means that lenders have become very competitive in offering cheaper and flexible mortgage products.
Whether you’re a first-time buyer, have had several mortgages in the past, or are after a remortgage to release equity, one thing that is common for most homeowners is the need to review their financial situation at regular intervals. For many people, the mortgage deal is essential as it forms the most significant household commitment. Remortgaging is a common practice, and Marigold Finance can help you understand the process confidently and ensure you are getting the right re-adjusted rate.
Marigold Financial can advise you about what to do if you are coming to the end of your current fixed or tracker rate. With most mortgages, there is a high probability that the standard variable rate is not the right rate for you. Our advisers can look at the mortgage market to find you the most suitable remortgage deal and most competitive mortgage rates for your financial situation.
The act of remortgaging is when you take out a new loan to replace the one that is against a property you currently own. There are several reasons why someone would do this, and some examples are below:
- Replace the existing mortgage with a cheaper one
- Change to a different type of borrowing
- Debt consolidation
- Home improvements
- Equity release
- To buy another property
You may be wondering if a remortgage is right for you and questioning how long the process can take. Luckily for you, we at Marigold Finance pride ourselves on the speedy ability to find a suitable remortgage product that suits your needs. We scour the market for the right remortgage deals available in a quick yet thorough manner.
How We Can Help
As a London based mortgage and protection advice firm, we are here to help during the entire process of remortgaging your home. We will source the product and make the application process as easy and as smooth as possible. Our advice based service means that we are always looking for the right deals to ensure that we meet your target requirements as closely as possible.
Taking a mortgage should always be considered with advice from a qualified mortgage broker as the consequences of taking the wrong mortgage can be very costly. So whether you are accessing equity to fund a new property purchase or wanting to renovate your home, it is essential to speak to Marigold Finance to ensure that you are getting the right mortgage deal to match your circumstances.
How You Can Help
You can help the mortgage process run smoothly by being organised. We will need some essential information such as income, identity and deposit, and most importantly, you must ensure that you have the correct documents to evidence these basic requirements. These must be kept up to date with us until the purchase is complete.
Protection
As mortgage and protection specialists, we are happy to speak to you about protection requirements to ensure that you can protect your hard-earned property against unforeseen circumstances.
Buy-to-Let Mortgage
Seasoned investor or an accidental landlord, we will source the right product for you.
Life Insurance
Minimise the financial impact of your passing by obtaining an appropriate life insurance policy.
Let-to-Buy Mortgage
Outgrown your existing property? We can help to keep your existing home and buy a new one.
Income Protection
Want to protect your income? We can advise on policies that guard against accidents and illnesses.
Other Services
Remortgages are only one aspect where we can help. There are other alternatives and complimentary services that we offer that may of interest. Below is a small list of what we offer.
If you would like more information, do not hesitate to contact us using the meeting link below.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage
A lifetime mortgage is not suitable for everyone and may affect your entitlement to means tested benefits, so it is important to seek financial advice before taking any action. If you are considering releasing equity from your home, you should consider all options available before equity release.
The interest that may be accrued over the long term with a Lifetime Mortgage, may mean it is not the cheapest solution. As interest is charged on both the original loan and the interest that has been added, the amount you owe will increase over time, reducing the equity left in your home and the value of any inheritance, potentially to nothing.
Although the final decision is yours, you are encouraged to discuss your plans with your family and beneficiaries, as a Lifetime Mortgage could have an impact on any potential inheritance. We would also encourage you to invite them to join any meetings with your Financial Adviser so they can ask questions and join in the decision, as we believe it is better to discuss your decision with them before you go ahead. This is a referral service.
Some buy to let and let to buy mortgages are not regulated by the Financial Conduct Authority
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