For a homeowner who needs to raise £50,000, one possible route is a second charge mortgage rather than replacing a first mortgage that already suits them. That can add secured borrowing against the same property while leaving the existing loan in place. The useful...
We often see the appeal of a debt consolidation remortgage when several unsecured balances are competing with the household budget. One payment may look cleaner and the monthly figure may fall, but that does not tell you what the debt will cost over its full life or...
We work regularly with clients who hold an existing Heliodor mortgage, so we have a practical understanding of how the lender approaches applications. Heliodor Mortgages is closed to new business, so existing borrowers seeking a new deal or additional borrowing...
We work regularly with clients who hold an existing Hyalite Mortgages mortgage, so we have a practical understanding of how different lenders approach applications. Hyalite Mortgages is a closed-book administrator, trading as Topaz Finance Limited, and does not offer...
Remortgaging should be reviewed as a complete financial decision, not as a race towards the lowest advertised rate. The right route depends on the existing mortgage, the costs of leaving it, the borrower’s current circumstances and the plans for the property. A...
