• Hambleton Financial Services
  • Mendip Rise, Danby Wiske
  • Northallerton
  • North Yorkshire
  • DL7 0NH
  • Tel: Freephone 08000 196 194
  • Fax: 01609 812345

Hambleton Financial Services - whole of market mortgage brokers, based in Northallerton, North Yorkshire, established in 1986.

We arrange mortgages, re-mortgages, first time buyer mortgages, buy to let mortgages, buy to let re-mortgages, life assurance, critical illness protection, income protection, mortgage payment protection, home insurance.

WE DO NOT CHARGE BROKER FEES

Re-Mortgage

What is it?

The process of moving your mortgage from your present lender to another lender

When should I re-mortgage?

If you are:

  • paying your current lender's standard variable rate
  • coming to the end of a mortgage deal, and about to move to your lender's standard variable rate

Why should I re-mortgage?

It depends on your individual circumstances, but in general people re-mortgage for one or more of the following reasons:

  • get a more competitive mortgage rate - reduce your monthly mortgage payments
  • change to fixed, discounted or tracker rate
  • obtain a more flexible mortgage
  • raise additional capital for home improvements, buy a new car, purchase a holiday home, pay off existing expensive short term loans, credit cards and store cards etc etc.  IN FACT, FOR ANY LEGAL PURPOSE

How much does it cost?

With such a competitive market place, more and more lenders are making the whole process increasingly cost effective.

For example many competitive re-mortgages are now FEE FREE. The new lender will cover the cost of the valuation fee, any legal  work involved, and sometimes doesn't even charge a lender's arrangement or booking fee. In this case the only cost to you is your current lender's deeds discharge fee for closing down the existing mortgage.

So, what's the catch?

There isn't one, except making sure you choose the right product for you. With so many different products available, doing this yourself would be extremely difficult - indeed many of the more competitive products may not be available from your local building society or bank, and you would therefore never find about about them.

That's how we can help. Our computer based mortgage sourcing system, updated regularly, enables us to advise you of the best re-mortgage product to suit your requirements.

What do I do next?

Simply complete our NO OBLIGATION on-line enquiry form, (or call us on FREEPHONE 08000 196 194), and an experienced and fully qualified mortgage advisor will arrange a re-mortgage analysis.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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