Remortgage Advice

Bespoke RemortgageMortgage Advice Tailored to suit you

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We will contact you initially to confirm your mortgage appointment.

Why Use Clark Shaw Associates For Your Remortgage?

Finding a new deal at the end of your fixed rate or remortgaging to access equity from your home can be time-consuming and stressful.

While it’s important to search for the best deal when you originally take out your mortgage, if you don’t review it on a regular basis, you may end up paying much more than necessary. Here at Clark Shaw Associates its our job to make sure you have the best available rate for and your circumstances. We can review your current deal up to 6 months in advance of a fixed rate ending, and we’ll compare whether it’s more suitable to do a product transfer with your current lender, or switch to a new provider.

It’s also important to note, that your Home may be repossessed if you do not keep up repayments on your mortgage.

Is it Time to Remortgage?

There’s a variety of reasons while people remortgage their homes. Your current rate may be coming to an end within the next 6 months, you want a better rate, you might want to borrow more for home improvements or debt consolidation, or you might be separating / divorcing.

If your current rate with your lender is nearing the end once it’s up, it will typically convert to a standard variable-rate mortgage with your current lender. This can be very costly as they are not as competitive as other mortgage products on the market. We’ll review your current mortgage, assess the alternatives, and advise on the best most cost-effective product for you.

Is Your Fixed Rate Ending?

When your product term ends, your mortgage repayments will default to the lender’s standard variable rate of interest (SVR)These can be costly so remortgaging can help you secure a new fixed rate, ensuring your monthly payments remain manageable. Our experts can guide you through the process and help you find the best deals available.

Mortgage Repayment Calculator

Our calculators are for illustrative purposes and to give you an idea of what you might be able to borrow from a lender to buy a home, and what your monthly and total mortgage payments could be, for different types of mortgages.

How Does Remortgaging Work?

A remortgage is when you move your mortgage to a new deal with another lender or move to a different deal with your current provider. The remortgage product will be secured against your existing property.

It's a good idea to start planning your remortgage about six months before you need it. We recommend this timeframe because most lenders allow you to secure a rate up to six months in advance. This gives you the peace of mind to know it’s all taken care of. We will then monitor this rate and if interest rates fall in that 6-month period we can look to apply for a better rate for you.

We Keep You Informed With Every Step Of The Mortgage Process

At Clark Shaw Associates, we provide a bespoke mortgage advice service, completely tailored to you, ensuring you are always kept up to date throughout the mortgage advice process. Here at Clark Shaw Associates, we cover all aspects of mortgages and pride ourselves on giving you the best possible mortgage assistance.

Concerned About Rising Interest Rates?

If you’re worried about potential interest rate increases, remortgaging can offer peace of mind. By locking in a fixed-rate mortgage now, you can protect yourself from future rate hikes. Our team is here to help you understand your options and secure a rate that suits your financial needs. Standard variable rates are often higher than fixed interest rates, are changeable and set by the lender. Remaining on a standard variable is almost never your best option.

Has Your Home Value Risen Significantly?

A significant increase in your home's value can open up new opportunities for remortgaging. You might be eligible for better mortgage rates or the ability to release equity. This can provide you with extra funds for home improvements, investments, or other financial goals.

Looking to Increase Your Loan?

If you need additional funds for major expenses like home renovations, education, or other investments, remortgaging to increase your loan amount could be a smart move.

Remortgaging for Debt Consolidation

If you are struggling to manage multiple debts Remortgaging can be a practical solution for consolidating your debts into a single, more manageable monthly payment. By leveraging the equity in your home, you can pay off high-interest debts and potentially reduce your overall interest payments.

Changing Mortgage Type

If your current mortgage no longer suits your financial situation or future plans, remortgaging offers the opportunity to change your mortgage type. Whether you’re considering switching from an interest-only mortgage to a repayment mortgage, or vice versa, we can help you understand the benefits and implications of each option.