How to Choose

 

Considering that there are several options available when it comes to a remortgaging deal, picking the right one can be quite difficult. Also, considering that the quality of a remortgage deal is often dependent on the remortgage provider, the key to getting ideal remortgaging lies in choosing the most appropriate remortgage lender.

At Remortgage Fast, we have years of experience helping homeowners in Hampshire successfully pick the right remortgage lender and we can help you too. By choosing us as your mortgage broker and remortgaging partner, we can effectively guide you towards picking an ideal mortgage company and the best possible deal on a remortgage. In addition, we will also ensure that every aspect of the remortgaging process is stress free and goes as smoothly as possible.

Our expert services make it possible for you to get a better deal than would be possible if you were to approach a remortgage lender in person. This is because of our in-depth knowledge and familiarity with the industry. The remortgage deal we’ll get you will save you money not only in the short run but also long term.

When helping clients choose a lender for the best possible deal, we often carry out the following to ensure all necessary information are at the disposal of our clients.

  • Understand the sort of loan option that will best suit the needs of the client and use the information to narrow down which lenders are most capable of delivering the best deal on such a loan option.
  • We research a variety of mortgage lenders and draw up a list of the ones whose terms are most in line with the needs of a client. Some of the information we seek during our research include types of rates the lender offers on remortgage deals, types and amount of fees charged on a deal, and the sort of services the lender will provide to the benefit of a client. These information will help determine which of the researched mortgage lenders can offer services that are most in line with the client’s remortgaging goals.
  • Further research will be carried out by studying reviews concerning the services of the mortgage lender. This will help us determine the quality of service offered by the lender and see if they have the competence to deliver on services as promised.

By carrying out this initial research, we can filter and narrow down options for the most suitable remortgaging deal and lender choices.

If you require the services of a professional that can help you choose the perfect remortgage lender for your needs, Remortgage Fast has got you covered. Our services are available throughout Hampshire, including in Southampton, Petersfield, Fleet, and other environs. Call us today on 800-2345-6789 for a friendly chat or use our online form to get a free quote.

What Features should the right Remortgage Lender have?

Remortgage lenders are often different and offer unique services. But generally, there are standard features that differentiate the good remortgage lenders from the bad ones. By asking the following questions, you will be able to decide for yourself if a remortgage lender has what it takes to provide you the type and quality of remortgage service you need;

  • What mortgage products does the lender offer?  

Once a homeowner knows the ideal remortgage product for their needs, the next step is finding a lender that offers it. A remortgage lender that doesn’t offer the type of product or service a homeowner needs is clearly incapable of providing the required service. This is why it is important to verify what products the lender has available and if they are right for the needs of the homeowner seeking a remortgage. Product options such as fixed and variable rates are common selections but there are new variations such as offset and capped mortgages.

  • What fees does the remortgage lender charge?  

Fees can increase the cost of a remortgage process and thus lessen the short term gains of a remortgage. Fees often vary from lender to lender so it is important to know which fees exactly a remortgage lender requests for as well as their cost before settling on a lender. With some remortgage lenders, it is possible to negotiate the cost of fees and in some instances, certain lenders are willing to waive certain fees. Remortgage Fast can get you a lender that offers best value products at the least cost so you don’t have to pay more than necessary for a remortgaging.

  • What is the remortgaging application process?  

Depending on the level of convenience a client prefers, remortgage lenders that allow for application via the phone or online are available. If a homeowner would rather not go through the trouble of visiting the offices of a remortgage lender, a bank that only requires the appearance of the homeowner for necessary documentation to finalise the remortgage loan application can be sought.

  • How long is the remortgage process?  

How long the application process for a remortgaging takes is often dependent on the lender. A lender with a track record of fast services and loan processing is usually the most ideal option.

  • Kind of Loan to Value ratio required by the lender?  

Typical lenders require a loan to value ratio of 75-90% before considering accepting a remortgage application. Knowing a home’s loan to value ratio and the minimum a lender will accept will clarify what the homeowner’s option are concerning remortgaging.

  • Is the remortgage lender authorised by the Financial Services Authourity?

Only a remortgage lender that is authorised by the Financial Services Authority (FSA) is capable of legitimately offering remortgaging services in the UK.

Trust Remortgage Fast To Help You Choose The Best Possible Remortgage Lender And Deal

Our experts can help you find the perfect lender and remortgage deal to suit your unique needs. To get started on finding a remortgage lender, contact us today on 02380970979 or send us a message via our online form. Homeowners in Aldershot, Farnborough, Fareham, and other parts of Hampshire can fully benefit from our services.