Looking for the best remortgage deal?
If you’re visiting this page, it likely means your current mortgage deal is about to end, and you’re curious about the right options available. Whether you’re exploring ways to reduce your monthly payments, release some capital, or find a more suitable rate, we’re here to help you navigate the process and make the right choice for your needs.
Important Reminder: Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Review your current deal
We start by understanding the terms of your current mortgage. By reviewing your existing deal, we can identify any potential benefits and consider the options with your current lender.
Negotiating with your lender
Many lenders offer special rates to customers who choose to stay. We’ll reach out to your lender to see if you qualify for any exclusive deals—keeping your best interests as our focus.
Exploring additional options
From initial application to final completion, we manage all the details, allowing you to focus on finding and settling into your ideal home with total peace of mind.
Ready to take the next step?
Get in touch with us today for expert mortgage advice tailored just for you. We’ll handle everything from start to finish, ensuring a smooth and stress-free process. Let’s find the right solution for you—no strings attached.
What is remortgaging, and why should I consider it?
Remortgaging is the process of moving your existing mortgage to a new deal, either with your current lender or a different one. Many homeowners remortgage to secure better interest rates, lower their monthly payments, or access additional funds by releasing capital in their property. If your current mortgage deal is ending or you’d like to explore new options, remortgaging can be a great way to meet your financial goals.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
How does the Watt Mortgage remortgage process work?
Our remortgage process is straightforward and designed to make things easy. First, we review the details of your existing mortgage to see what options you may have. Next, we’ll contact your current lender to check if they offer any special rates for loyal customers. Lastly, we’ll explore other lenders to identify the most suitable possible deals for you. After comparing all your options, we’ll provide a recommendation on whether it’s best to stay with your lender or switch to a new one.
What can I use released equity for?
Releasing capital allows you to unlock some of your property’s value, which can be used in various ways, depending on your needs. You might use it to fund home improvements, such as a loft conversion or kitchen upgrade, or to purchase an investment property. It can also help with family needs, like assisting a family member with their first home deposit. Some clients use capital release to consolidate existing debts or even to purchase a family holiday home. We’ll guide you through these options to ensure your choice aligns with your long-term financial well-being.
Are there risks involved in remortgaging?
Yes, like any decision involving property, remortgaging comes with risks. If you secure other debts against your home and don’t keep up repayments, your property may be at risk of repossession. Our team will provide clear and straightforward guidance, analysing your specific situation to help you make an informed decision.
How much does it cost to remortgage with Watt Mortgage?
Your initial consultation with us is free, giving you a chance to explore your options at no cost. For remortgage applications, we typically charge a fee based on the research and administrative work involved. We’ll be upfront about any fees and discuss them at the beginning, so you’ll know what to expect.
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