Remortgaging is a term used to describe the process of switching your mortgage from the original provider to a new one, or taking up a new mortgage with the same lender. This enables you to use your property as security and pay off the original mortgage with the capital generated by the new deal.
There are a range of reasons as to why you might choose to remortgage. The process can help you find a better or more flexible deal, save money or enable you to pay off your existing mortgage commitments more quickly.
How can Pareto Help you
- Pareto will proactively review your existing mortgage, comparing it with the wider market and assessing how effective it will be in meeting your specific needs in both the short and long term.
- We’ll also examine how a remortgage could provide you with immediate capital in the most effective way and highlight any additional features offered by lenders.
- Just some of the products we’ll look at include: Fixed rate mortgages,Variable rate mortgage,Capped rate mortgage,Tracker mortgage, Offset mortgage,Cashback mortgages
- However, our services don’t stop there. We know just how varied the market can be and are committed to offering each and every client an annual mortgage review to ensure they’re still getting the best possible deal in the long term.
Your home may be repossessed if you do not keep up repayments on your mortgage.