5 tips to help you get the best remortgage deal
If your current mortgage deal is coming to an end, or you want to switch to a new mortgage deal to either help you make some long awaited home improvements, purchase additional property or reduce your current mortgage term, then there are a few things you should consider to ensure you get the best remortgage deal.
Here’s our top 5 tips for remortgaging your home:
When your current mortgage expires, your lender will automatically move you to a new deal, which will likely be a higher rate and therefore more expensive, unless you shop around!
Ensure yours remains competitive by searching for a new deal around 3 months before your current mortgage is due to expire. This will give you plenty of time to see what’s on offer when remortgaging your home.
Look at all your options
When looking for the best mortgage deal, speak to your current lender to see what they are prepared to offer you. But, make sure you also look at what else is on offer, or you could miss out!
As a whole of market mortgage broker, we can help you compare thousands of exclusive deals from the UK’s leading mortgage lenders, which can’t be found on either the high street or comparison sites, to ensure you get the right product for your needs.
Consider the costs
If you are currently tied into a mortgage, you will need to check whether repaying your mortgage before the end of the agreed term will incur an exit fee and/or early repayment charge.
Your new lender may also charge a fee for arranging your mortgage, valuation and legal fees, so it’s important to check whether a new mortgage deal would be the best option, which we can take care of for you.
Explore the benefits of remortgaging
If you’re looking for a more flexible mortgage that will allow you to make overpayments when you can afford to, or a deal that enables you to use your savings to reduce your mortgage interest, then seeking expert advice will ensure that you get a mortgage that works for you. Again, we can guide you throughout the entire process to make sure you’re 100% happy with your new mortgage deal.
Speak to an expert
Our mortgage advisers are experts in their field and offer personalised remortgaging advice, regardless of your circumstances. They will help you work out how much you can afford to borrow and talk you through all your available options, to ensure that you get the right remortgage product for your needs.
If you choose to proceed with your application, we will also handle everything for you; completing all the necessary paperwork and liaising with the related parties, to remove the stress and hassle from you!
CLS Money an award winning, whole of market UK mortgage broker, is delighted to announce the appointment of Chloe Jarvis as Compliance Manager and Nicky Sheppard as Head of Client Relationship.
With over 18 years’ experience working within the financial services industry, Chloe has a solid understanding of the regulations that govern the industry and its commitment to delivering good customer outcomes. Within her new role, Chloe will take full ownership of the company’s compliance framework, working closely with both staff and CLS’ mortgage network, to ensure adherence by all parties at every stage of the customer journey.
Since joining CLS in September 2016, Nicky has been instrumental in developing CLS’ adverse team, building solid relationships with all applicable parties, and helping many customers to achieve their dreams of becoming homeowners. Having worked in various customer service roles for 6 years, Nicky is the ideal person to lead CLS’ Client Relationship Team (CRT) and ensure it continues to deliver the five star service its customers deserve.
Clayton Shipton, CLS said: ’’The rapid growth of the company over the past 12 months, and our commitment to delivering a high quality service to clients, has enabled us to make a number of developments within the business.
Chloe and Nicky have both made significant advances in their areas, and I am sure they will flourish in their new roles and help the company to continue to grow.”
CLS Money, an award winning, whole of market UK mortgage broker, is thrilled to announce that it has been shortlisted for the ‘Best New Entrant (broker)’ award at the 2017 Mortgage Introducer Awards.
The awards will promote and celebrate the outstanding achievements of individuals and businesses within the intermediary market, and will take place on Wednesday 22nd November at the iconic Tower of London.
Clayton Shipton, CLS said: ‘’’The past 12 months have been the most successful in the history of the company to date, and I am extremely grateful to all our clients and associates who took the time to nominate us for this prestigious award.”
CLS Money, an award winning, whole of market UK mortgage broker, is delighted to announce that it is a finalist at the 2017 Essex Business Excellence Awards in the prestigious ‘Services’ award category.
The awards aim to celebrate success and highlight the achievements of innovative people and companies within Essex, who are helping put the region on the map.
Clayton Shipton, Managing Director, CLS said: “Providing customers with the five star service they deserve is our top priority, and we are extremely proud that our efforts have been recognised by the local business community.”
The awards presentation will take place on Wednesday 29th November at The City Pavilion in Romford, and will be attended by hundreds of Essex’s business elite – fingers crossed!