PANTA FAMILY


Monday, January 28, 2008

How To Re-mortgage

More than half all homeowners in the UK are paying too much for their mortgage according to a recent survey. So if you are struggling to keep up with mortgage payments, or just feel you are paying over the odds on your home loan, then re-mortgaging may be the answer. It can give you lower monthly payments and even save you money in the long-term so there is little to be lost from at least exploring the possibility.

In recent years banks and building societies have massively increasing mortgage fees in order to pay for headline interest rates and prevent ‘rate tarts’ flitting between providers’ introductory offers. You will need shop around and do your sums to make sure that what you gain through switching lender – lower monthly payments - is not lost through higher charges. Unless you make a substantial saving from making a move then you may well be better off waiting a couple of months to see if a better offer becomes available as interest rates fall. But once you have decided to re-mortgage, how do you go about the getting the process started?

Firstly you need to obtain a ‘redemption statement’ from your existing lender. This will tell you how much you owe, and detail any redemption penalties or early repayment charges that will be incurred if you change your deal. It is important to pay attention to this because fees can often be prohibitive and cancel out much of the benefit of a new cheaper rate.

After deciding which deal to move to, it is then time to fill out the dreaded application forms. These will ask for details about your income, and documents such as bank statements, pay slips, a P60 form, mortgage statements and proof of identity. Your new lender will also value your home which can cost between £200 and £300, and may also charge you an arrangement fee which will be at least another £200 can end up costing your more than £1,000. As you can see re-mortgaging is not cheap and these charges must all be factored in when deciding whether it is financially viable to move.

If this tips the balance between a re-mortgage being cheaper or more expensive, then it may be worth shopping around for a company who waives these fees. Some lenders offer dedicated re-mortgaging services with free legal work and valuations but these are often cancelled out by more expensive rates. If costly arrangement fees are a deal breaker though, then do not be afraid to ask about a discount. Lenders are desperate for your custom, and will often be prepared to make compromises just to get you to sign up.

Overall, the whole process of shifting provider will probably take you about a month. Once the application forms have been posted, the lender will get to work with a valuation, and if its surveyor is satisfied with the value and condition of your home it will offer you a deal. Your new lender will then liaise with your existing company and you have received a completion statement from your solicitor or new lender, as soon as the process has finished.

Labels:

10 Comments:

Blogger ninest123 Ninest said...

ninest123 10.17
prada handbags, red bottom shoes, michael kors outlet store, tiffany jewelry, ray ban sunglasses, nike air max, louis vuitton outlet online, christian louboutin, cheap oakley sunglasses, nike free, replica watches, polo ralph lauren outlet, louis vuitton outlet, louis vuitton handbags, kate spade outlet online, michael kors handbags, ugg outlet, louis vuitton, tory burch outlet online, burberry outlet online, michael kors outlet online, nike air max, christian louboutin outlet, cheap ugg boots outlet, oakley sunglasses, prada outlet, polo ralph lauren, ray ban sunglasses, louis vuitton outlet, tiffany and co, gucci handbags, replica watches, longchamp outlet online, christian louboutin shoes, longchamp handbags, cheap ugg boots, oakley vault, burberry outlet online, ugg boots clearance, michael kors outlet online, ray ban outlet, nike outlet, chanel handbags, cheap oakley sunglasses, oakley sunglasses, jordan shoes, ugg australia

October 16, 2015 at 8:36:00 PM PDT  
Blogger ninest123 Ninest said...

michael kors outlet online, air jordan, north face pas cher, mulberry uk, guess pas cher, nike air max, burberry pas cher, longchamp, nike roshe, coach outlet, coach outlet, hollister uk, nike air force, true religion outlet, michael kors canada, air max, scarpe hogan, ray ban uk, nike free pas cher, nike blazer pas cher, lululemon outlet online, michael kors uk, nike air max, true religion outlet, air max pas cher, louboutin, lacoste pas cher, ralph lauren uk, hermes pas cher, nike roshe run, abercrombie and fitch, kate spade outlet, longchamp pas cher, ralph lauren pas cher, new balance pas cher, michael kors, coach purses, true religion, true religion jeans, hollister, converse pas cher, nike free, sac vanessa bruno, vans pas cher, north face, coach outlet store online, tn pas cher, timberland pas cher, oakley pas cher, ray ban pas cher

October 16, 2015 at 8:43:00 PM PDT  
Blogger ninest123 Ninest said...

nike roshe, nike air huarache, baseball bats, p90x workout, ferragamo shoes, asics shoes, louboutin, vans outlet, herve leger, valentino shoes, nike air max, babyliss, new balance outlet, insanity workout, chi flat iron, nfl jerseys, ray ban, air max, abercrombie and fitch, giuseppe zanotti, hollister, mont blanc pens, oakley, converse, vans, longchamp, beats headphones, ralph lauren, north face jackets, reebok shoes, north face jackets, abercrombie, bottega veneta, jimmy choo shoes, iphone case, birkin bag, soccer jerseys, lululemon outlet, ghd, hollister clothing store, instyler ionic styler, converse shoes, nike trainers, celine handbags, mac cosmetics, wedding dresses, gucci, timberland boots, mcm handbags, soccer shoes, michael kors outlet, longchamp outlet

October 16, 2015 at 8:43:00 PM PDT  
Blogger ninest123 Ninest said...

michael kors handbags, ugg, moncler, montre femme, canada goose, sac louis vuitton, pandora uk, wedding dress, louis vuitton, swarovski uk, marc jacobs handbags, louis vuitton canada, moncler outlet, pandora charms, canada goose outlet, coach outlet, michael kors outlet, moncler, links of london uk, canada goose pas cher, uggs canada, louis vuitton pas cher, moncler, moncler, michael kors outlet online, swarovski jewelry, juicy couture, moncler, hollister canada, supra shoes, louis vuitton uk, canada goose outlet, moncler outlet, moncler, ugg boots, barbour jackets, doke gabbana outlet, pandora jewelry, canada goose, canada goose outlet, canada goose, ugg soldes, canada goose, thomas sabo uk, karen millen, sac lancel, replica watches, ugg, juicy couture outlet, barbour, toms outlet, pandora jewelry
ninest123 10.17

October 16, 2015 at 8:48:00 PM PDT  
Blogger Zheng junxai5 said...

zhengjx20160507
louis vuitton bags
adidas running shoes
louis vuitton outlet
copy watches
gucci belts
retro 11
louis vuitton handbags
michael kors outlet online
kate spade handbags
jordan 3s
cheap ray ban sunglasses
longchamp le pliage
louboutin femme
lebron 12
cheap jordans
cheap rolex watches
longchamp handbags
louis vuitton
ray ban sunglasses outlet
oakley sunglasses
ghd hair straighteners
true religion outlet
nike air max uk
true religion jeans
oakley sunglasses
ray ban
michael kors outlet online
kate spade
ray bans
coach outlet
air jordan 4
coach outlet online
ralph lauren outlet
michael kors outlet
cheap ray ban sunglasses
beats by dr dre
louis vuitton
coach factory outlet
louis vuitton outlet
fitflops

May 6, 2016 at 6:31:00 PM PDT  
Blogger ninest123 said...

prada handbags, nike outlet, chanel handbags, tory burch outlet, louboutin pas cher, ugg boots, replica watches, michael kors, longchamp pas cher, kate spade outlet, louboutin outlet, louis vuitton, louis vuitton outlet, ralph lauren pas cher, oakley sunglasses, oakley sunglasses, uggs on sale, nike air max, longchamp, nike air max, air max, louis vuitton, ugg boots, gucci outlet, air jordan pas cher, tiffany jewelry, oakley sunglasses, jordan shoes, longchamp outlet, louis vuitton outlet, tiffany and co, prada outlet, christian louboutin outlet, louboutin, sac longchamp, ray ban sunglasses, louis vuitton, polo ralph lauren outlet, burberry, oakley sunglasses, cheap oakley sunglasses, polo ralph lauren outlet, nike free, nike free, louboutin shoes, replica watches, ray ban sunglasses, nike roshe run, longchamp outlet, ray ban sunglasses

August 28, 2016 at 6:58:00 PM PDT  
Blogger ninest123 said...

nike air max, timberland, north face, hollister pas cher, michael kors outlet, air force, replica handbags, lacoste pas cher, michael kors, nike roshe, michael kors outlet, hogan, ralph lauren uk, new balance pas cher, true religion jeans, michael kors outlet, coach outlet, michael kors, nike air max, nike air max, ray ban uk, vanessa bruno, north face, mulberry, burberry, ugg boots, ugg boots, true religion jeans, vans pas cher, nike free run uk, ray ban pas cher, converse pas cher, sac guess, abercrombie and fitch, burberry outlet online, hermes, tn pas cher, coach purses, michael kors, coach outlet, nike blazer, lululemon, michael kors outlet, true religion jeans, michael kors, true religion outlet, hollister, oakley pas cher, michael kors outlet, kate spade handbags

August 28, 2016 at 6:58:00 PM PDT  
Blogger ninest123 said...

soccer jerseys, nike huarache, lululemon, ralph lauren, instyler, nike air max, hollister, new balance, nfl jerseys, wedding dresses, gucci, lancel, insanity workout, converse, hollister, nike roshe, soccer shoes, ferragamo shoes, converse outlet, beats by dre, north face outlet, chi flat iron, asics running shoes, mont blanc, nike trainers, vans shoes, babyliss, p90x workout, jimmy choo shoes, birkin bag, herve leger, iphone cases, valentino shoes, north face outlet, celine handbags, vans, mcm handbags, hollister, ghd, timberland boots, reebok shoes, longchamp, mac cosmetics, oakley, abercrombie and fitch, nike air max, bottega veneta, ray ban, baseball bats, louboutin

August 28, 2016 at 7:00:00 PM PDT  
Blogger ninest123 said...

canada goose uk, canada goose outlet, swarovski crystal, toms shoes, moncler, pandora charms, ugg boots uk, coach outlet, moncler, swarovski, sac louis vuitton pas cher, moncler, moncler, montre pas cher, moncler outlet, bottes ugg, canada goose, canada goose, karen millen, marc jacobs, pandora jewelry, canada goose, supra shoes, ugg,ugg australia,ugg italia, doudoune canada goose, thomas sabo, moncler, moncler, canada goose outlet, louis vuitton, juicy couture outlet, ugg pas cher, ugg,uggs,uggs canada, pandora jewelry, pandora charms, moncler, hollister, wedding dresses, juicy couture outlet, louis vuitton, louis vuitton, links of london, replica watches, canada goose, louis vuitton

August 28, 2016 at 7:01:00 PM PDT  
Blogger Liu Liu said...

Louisville kept its recruiting momentum going on Saturday as they landed a Nike Air Max 90 commitment from four-star Class of 2018 guard Anfernee Simons. Regarded as the No. 72 overall prospect in the Rivals Class of 2018 national rankings, the 6-foot-2 louboutin outlet Simons is an cheap nfl jerseys explosive guard who can play on the ball and christian louboutin shoes really score. Simons nfl jerseys store led the Nike Roshe Run Under Armour Association’s 16U division Nike Air Max 2015 Shoes in Nike Free Run scoring this year as he put up 22.9 points per christian louboutin uk game while shooting NFL Jerseys 43 percent from three-point range. wholesale nfl jerseys

November 12, 2016 at 7:25:00 PM PST  

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home