Residential Re-Mortgages
Apply Mortgages
Your Specialist London Mortgage Broker
RATED
EXCELLENTTrustindex verifies that the original source of the review is Google. Super helpful and went the extra mile to sort everything out for meTrustindex verifies that the original source of the review is Google. Kaan and the team over at Apply Mortgages are truly great. Super hands on and helpful every step of the way. I had a very tricky shared ownership case and it was a lengthy process, couldn't have done it without them. Really recommend!Trustindex verifies that the original source of the review is Google. I honestly can’t recommend Apply Mortgages enough! Kaan has been absolutely amazing from start to finish — professional, responsive, and incredibly supportive throughout the entire process. As a first-time buyer, I had so many questions, and he always took the time to explain everything clearly and patiently. He went above and beyond. If you’re looking for someone reliable, knowledgeable, and genuinely committed to helping you, Kaan is the one!Trustindex verifies that the original source of the review is Google. Kaan has been extremely helpful and has made himself available throughout the process. Highly recommend!Trustindex verifies that the original source of the review is Google. Amazing brokerage - thank you so much for making the process smooth and simpleTrustindex verifies that the original source of the review is Google. Fantastic service from start to finish! Kaan was incredibly helpful and made the whole process smooth and stress-free. Highly recommend to anyone looking for mortgage advice or support!"Trustindex verifies that the original source of the review is Google. Couldn't recommend a better mortgage broker. The quality of service and professionalism provided by Kaan & his team throughout has been exceptional, making the process from start to finish very simple for us as first time buyers. Their communication was clear and concise, and they were always very responsive and accommodating. I will definitely be using their services again in future.Trustindex verifies that the original source of the review is Google. Kaan was indeed the best mortgage broker I have ever come across. He managed to secure a really nice deal for me, pretty well and quick, helping me a lot along the entire process with his expertise approach and I've got the best rate ever. I am very happy with the way he handled my remortgaging. Therefore, I recommend his services to anyone. I will certainly come back to see him again in the future.Trustindex verifies that the original source of the review is Google. Exceptional Service – Highly Recommended! I can't recommend Apply Mortgages enough! From start to finish, they went above and beyond to help me secure the perfect mortgage that met all my specific requirements. My situation was quite complex, yet they navigated every hurdle with professionalism, determination, and expertise. They took the time to understand my needs, explored various lender options, and found a solution that suited my circumstances perfectly. Communication was excellent throughout — I was kept informed at every stage, and they were always available to answer my questions, no matter how big or small. Their dedication and persistence truly made the difference, and I’m incredibly grateful for their hard work. If you're looking for a mortgage broker who genuinely cares and will go the extra mile to get things done, look no further, Thanks Kaan!Trustindex verifies that the original source of the review is Google. Kaan and he's team are fantastic Good sense of humour very understanding and gets the work done
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RESIDENTIAL RE-MORTGAGES
Unlocking Better Deals and Financial Flexibility
Are you considering a better mortgage deal or looking to release equity from your property? Re-mortgaging could be the solution you haven't fully explored. At Apply Mortgages, we specialise in guiding you through this often complex process, helping you understand and capitalise on your options.
Why Consider Re-mortgaging?
- Approaching the end of your current mortgage's special rate period
- Seeking a more competitive interest rate
- Looking to release equity for home improvements, debt consolidation, or other purposes
- Wanting to switch to a more flexible mortgage product
OUR APPROACH TO RE-MORTGAGING
The re-mortgaging process couldn't be easier with Apply Mortgages!
- Initial Consultation: We start with a comprehensive discussion about your financial situation and goals. This helps us understand your unique circumstances and tailor our advice accordingly.
- Current Mortgage Analysis: We'll review your existing mortgage terms, including any early repayment charges or tie-in periods, to determine the most cost-effective time to re-mortgage.
- Market-Wide Search: As independent advisers, we have access to a wide range of lenders and products. We'll scour the market to find the most suitable re-mortgage options for you.
- Clear Recommendations: We'll present you with clear, jargon-free explanations of your best options, including potential savings and any associated costs.
- Application Support: Once you've chosen a new mortgage product, we'll guide you through the entire application process, liaising with lenders and other professionals on your behalf.
THE RE-MORTGAGING PROCESS: WHAT TO EXPECT
At Apply Mortgages, we're committed to making your re-mortgage journey as smooth and beneficial as possible. Our expert advisers are here to answer your questions and provide personalised guidance every step of the way.
- Document Gathering: We'll help you collate necessary paperwork, including your latest mortgage statement and proof of income.
- Application Submission: We'll complete and submit your mortgage application to the chosen lender.
- Property Valuation: The new lender will arrange a valuation of your property.
- Mortgage Offer: Upon approval, you'll receive a formal mortgage offer outlining the new terms.
- Legal Work: Solicitors will handle the legal aspects, including liaising with your current and new lenders.
- Completion: Once all checks are satisfied, your new mortgage will be put in place, and any additional funds (if applicable) will be released.
Ready to explore your re-mortgage options?
Contact Apply Mortgages today for a no-obligation consultation and take the first step towards potentially significant savings and improved financial flexibility.
Residential Re-Mortgage FAQ's
How often should I consider re-mortgaging?
It's advisable to review your mortgage every 2-3 years or when your fixed-rate period ends, but the ideal timing depends on your individual circumstances and market conditions.
Will re-mortgaging affect my credit score?
Applying for a re-mortgage typically involves a credit check, which may temporarily impact your credit score. However, successfully managing a new mortgage can positively affect your score in the long term.
Can I re-mortgage if my property value has decreased?
It's possible, but it may be more challenging. If your property value has fallen, you might have less equity, which could limit your options or result in less favourable rates.
Is it possible to re-mortgage with bad credit?
Yes, but your options may be limited. Some specialist lenders cater to those with impaired credit histories, though rates might be higher.
Can I re-mortgage to consolidate other debts?
Yes, many people re-mortgage to consolidate debts. However, it's crucial to consider the long-term implications of securing previously unsecured debts against your home.
How long does the re-mortgaging process typically take?
On average, re-mortgaging takes 4-8 weeks, but it can be quicker or longer depending on your circumstances and the lenders involved.
Are there any fees associated with re-mortgaging?
Common fees include valuation fees, arrangement fees, and potentially early repayment charges on your current mortgage. We'll provide a clear breakdown of all potential costs.
Can I re-mortgage before my current deal ends?
Yes, but you may face early repayment charges. Sometimes, it's still beneficial to re-mortgage early if the savings outweigh the charges.
Is it possible to re-mortgage and borrow more?
Yes, many homeowners re-mortgage to release equity. The amount you can borrow depends on factors like your property value, income, and credit history.
Will I need another property survey when re-mortgaging?
Most re-mortgages require at least a basic valuation. However, a full structural survey is typically not necessary unless you're significantly increasing your borrowing.
Disclaimer: a mortgage is secured against your home. Your property may be at risk and repossessed if you are not able to keep up with the repayments on your mortgage or any other debt secured on the property. Mortgage deals may not be available and lending is strictly subject to individual circumstances and status.
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CONTACT
Telephone: 0208 529 4545
Email: [email protected]
OUR OFFICE
Meridian House
62 Station Road
Chingford, London
E4 7BA
HOURS
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Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
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Sunday: CLOSED