Remortgage

A remortgage is when there is a mortgage provider change on a property. People will remortgage their home to find a different mortgage rate or release money. If your current deal has expired, mortgaging could move you to a lower interest rate.
 
You may want to release money to pay off debts or need cash for home improvements but want to stay in your current home. The process typically takes 4 to 8 weeks after application.
 
 
 
We check your credit score to make sure it’s in good shape, as this will affect how much you borrow.
 
1. We get you an agreement in Principle (AiP)
2.  Before we recommend a mortgage lender we consider all the costs, take into account the Application Fee, the Valuation Fee,  if there is an exit fee
 
 Our fee fixed £350 + vat
 
 
Taking out a mortgage is a big financial commitment, so we will help you find the best deal. We can help you work out your budget.
 
Tips
 
  •  Most lenders will want to see that you have been with the same employer for a decent length of time.
  •  Try to reduce any debts you have; this will show you can manage money responsibly
  • Have proof of income or accounts if self-employed
  • The more significant the deposit, the better
  • Once you have started a mortgage application, don’t change your mind and swop lenders
 
 

Meet the team

Matthew Wright

Associate

mwright@millwards.co.uk

07673411131

Simon Walker

Associate

swalker@millwards.co.uk

07673411143