Remortgage Brokers

If you’re looking for the best remortgage options, it’s recommended to use an experienced mortgage broker. We’ll explain here the ways they can make a difference, how much they cost, and a simple way to get matched with one who suits your situation.

How to find a mortgage broker for your remortgage

Although the services of mortgage brokers can be extremely beneficial when remortgaging, not all brokers are the same. That’s why it’s important you know how to find the right advisor for your needs.

Whatever your financial circumstances and goals for refinancing – the remortgage brokers we work with have plenty of experience and excellent reputations. This means we can introduce you to an expert UK broker who’ll be able to set up your ideal remortgage arrangement for the best price.

If you want to speak with a remortgage specialist, just make an enquiry. We’ll set up a free, no obligation chat so that you can get some quality remortgage advice today.

Do you absolutely need a broker to remortgage?

It’s not a requirement, but it is highly recommended. Certain mortgage brokers are industry experts, which means they have a wealth of knowledge to draw from to find you the best possible remortgage solution. Using a broker to remortgage is particularly useful during complex borrowing situations. Additionally, many lenders and specialist lenders in particular, are only accessible via a broker.

If you’re hoping to release equity, buy another property, pay off debt or consolidate debt – using an experienced mortgage advisor will be your clearest path to a successful remortgage. The services of a specialist broker will also be extremely useful if you’re planning to remortgage a buy-to-let (BTL) property or if you’re self-employed with a ‘non-standard’ income type.

What services are available?

A remortgage advisor can provide added value with the services they offer. Heres an example of the services they will provide

• A deep understanding of the current market and appropriate lenders.
• The ability to look at your whole financial situation and advise you accordingly.
• Understanding your finances means they can direct you towards the right remortgage products.
• Lower risk of rejection as you’ll be introduced to a lender whose remortgage criteria fits your circumstances.
• Direct relationships with local and national lenders, including specialist lenders.
• Opportunity to explore remortgage deals not advertised to the general public.
• They can guide you through the whole remortgage process from start to finish.
• Resources to work with bad credit applicants who may have been rejected elsewhere.

The benefits of using a broker to remortgage

Using a skilled broker to assist with refinancing your property can have multiple advantages when compared to approaching a bank or high street lender.

Below are the key ways you can benefit from exploring remortgages with the expert brokers we work with:

How much does it cost?

The exact fees and costs will depend on your particular situation. Some brokers will charge a flat fee, whereas for others it will be based on the total value of the deal.

However, all the brokers we work with operate on a fair-fee basis. This means that after your free, initial discussions with a remortgage specialist, the majority will only charge a fee once they’ve successfully secured your ideal arrangement.

Or, if they do request an upfront fee, this will be refunded if they’re unable to find a borrowing solution you’re completely satisfied with.

What if you want to remortgage and have bad credit?

This is a common scenario and one that crops up a lot. If you have bad credit or have been previously rejected, don’t fret. An experienced broker will still be able to show you alternative options and introduce you to lenders who are happy to provide remortgages for bad credit applicants.

Get remortgage advice from an expert mortgage broker

Using a broker is often the best course of action when you’re looking to remortgage a property. However, not all brokers are cut from the same cloth, and it’s important you find the right advisor for your specific circumstances.

Our free, broker-matching service means that we’ll quickly assess your remortgage needs and then pair you with a specialist UK broker who’ll provide invaluable advice throughout the process.

Just call 0808 189 2301 or make an enquiry. We’ll set up a free, no obligation chat between you and your ideal remortgage broker today.