Re-mortgage
A re-mortgage is just the like an ordinary mortgage. However, instead of purchasing a new property, you simply change the mortgage on your existing property to a new mortgage.
A few reasons why people remortgage are:
- To reduce monthly outgoings
- To reduce the length of the loan
- To release equity
- To obtain a better interest rate
- To change lender
- To get more flexibility with their mortgage.
At Rainbow finance, our mortgage experts will apply their expertise and knowledge of the market to get you the best market deals.
Whether you want to:
- Decrease the payment on your mortgage
- Decrease the term of your mortgage
- Consolidate your debts
- Raise capital for home improvements or other purchases
- Switch to a fixed rate to allow you to budget your outgoings for a period of time
Request a free mortgage review now and one of our advisors will review your case within the next 12 hours.
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