Mortgages for Business is committed to keeping both our staff and clients safe during the COVID-19 outbreak while maintaining the best service possible. Our teams are working from home, but don’t worry, you can still contact us in the usual ways.
To read our comprehensive FAQ guide on how the emergency interest rate reduction and Coronavirus outbreak could affect your mortgage, please click here.
If you want to request a payment holiday, please contact your lender directly. For lender contact details, click here.

When should I remortgage?

Remortgaging is used for a number of reasons. To save money. To get a better rate. To raise equity. 

When you are nearing the end of your initial rate, it’s a good idea to ask us if it’s worth remortgaging. We’ll look at your current deal and work out if you could save money by remortgaging. If we helped you get your existing mortgage, we’ll contact you about three months before the initial rate expires to see if we can help.

Of course you can contact us at any time for an opinion on whether it’s worth remortgaging.

If you think you have equity in your property, we can also help you to remortgage to release the equity. Many people use the equity in their properties to raise finance to make further property purchases. Do give us a call on 0345 345 6788 if this is of interest.

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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