Remortgages (8.5% APR typical variable)
There are many different reasons why people remortgage their properties. One of the more popular reasons for doing so is to take advantage of a better interest rate and a longer repayment period. One other reason may be to release equity – this can help to pay off old debt, to improve the original property, or to start a new business.
Remortgage by switching the mortgage you have to another institution. You could even stay with the financial institution from whom you got the original mortgage.
There are a few criteria to getting a remortgage with us:
• You should be a UK resident
• You should have a regular source of income
• You should be older than 18
• Your total secured debts property should not exceed 90% of the property’s value
When all these criteria apply to you, you should be eligible to remortgage with us.
Call us today on 0800 048 1771 for information on remortgages and start living the life you deserve.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
UKDebtProblem.com is a trading style of Ask Finance Ltd (Registered in England and Wales. Company number 4229724), a wholly owned company of the Harrington Brooks Group Ltd. Ask Finance Ltd is licensed under the 1974 Consumer Credit Act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance Ltd is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.