Amy Kadir, mortgage broker, St Albans - Is it time to remortgage your property?

Monday 25 March, 2019

Figures show that the number of homeowners remortgaging increased in 2018.  If it's time for you to remortgage your property contact us on 01727 845500.

According to figures released from UK Finance in December 2018 the value of remortgage loans was in excess of £9.2 billion in October 2018, the highest monthly total in almost ten years.

Amy Kadir, Lonsdale mortgage adviser, in St Albans, Hertfordshire said:

‘We work with clients from across Hertfordshire in St Albans and Harpenden, property owners in Buckinghamshire and Bedfordshire especially Luton and Leighton Buzzard, also homeowners from North London and Radlett. Last year we saw an increase in the number of enquiries from homeowners looking to remortgage. The combination of low-rate offers and uncertainty over Brexit has meant people have wanted to review their mortgage options as soon as possible when their current deal ends.   Many clients we spoke to were on fixed rate deals that were ending so wanted us to review their mortgage options.  We recommend anyone looking to re-mortgage gets mortgage advice.  If you use a mortgage broker we will review your financial circumstances and work with you to help source which mortgage product best suits your situation. We then review the mortgage market for you and choose the most suitable product and rate available. We can complete all the paperwork and we will get the documentation the lender requires from you and liaise with the lender on your behalf.’

Amy Kadir, member of the Lonsdale mortgage broking team in St Albans, Hertfordshire continued:

‘Remortgaging is now easier and many mortgage lenders offer remortgaging services with free legal and valuation, allowing you to reduce your monthly payments.  When we review your situation we look at what your existing lender can offer and the remortgages available from other mortgage lenders.  Even if your fixed rate period hasn’t ended yet it is always worth reviewing how much it would cost to move to a cheaper rate deal as sometimes you can save money by incurring a penalty to move to a lower monthly mortgage rate.  If you would like more information please review the remortgage information on our website and complete our mortgage broking form.  Alternatively call one of the Lonsdale mortgage brokers on 01727 845500 to discuss our mortgage process.’

For more information read: Amy Kadir - Why use the Lonsdale Mortgage advice service; Amy Kadir - St Albans gets excellent mystery shopper score

"As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments."

 

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