Make your mortgage work for you
HOME IMPROVEMENTS
Looking to enhance your property? Learn how remortgaging could give you access to crucial funds.
FIND THE BEST RATES
Make a decision that’s worthwhile. We’ll advise you on the best deals available.
REMORTGAGING FEES
Understand the potential costs, risks and terms of remortgaging.
DEBT CONSOLIDATION
Discover if remortgaging could be a suitable way for you to tackle outstanding credit.
Find the best solutions without the fuss
Looking for your next deal, keen to raise some funds to complete home improvements or have another idea for the money in mind? We are keen to assist you. Beechwood Mortgages looks to provide comprehensive remortgaging advice and guidance to help you make the switch, whether that involves moving to a new lender or securing a new deal with your current provider. Whatever the approach, we’ll help you get it right.
Remortgaging is a significant financial decision that needs serious consideration. Before you look to secure debt against your home, please consider:
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You may have to pay an early repayment charge to your existing lender if you remortgage.
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Your home may be repossessed if you do not keep up repayments on your mortgage.
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Think carefully before securing other debts against your home
Cut the cost and avoid standard rates
Timing a remortgage effectively can be a cost-saving move. If you currently have a special rate for a given period, so typically fixed, discounted or a tracker deal, it will revert to a standard variable rate (SVR) once this period is over.
This can sometimes result in a sharp increase in your mortgage payments. Arranging your next mortgage well in advance will not only help you prepare for such increases but ensure you pay no more than is necessary once your current deal expires. Beechwood Mortgages can connect you with multiple lenders and deals to find the most suitable one for your current situation and end financial goals.
Where expert guidance proves invaluable
While the pros and cons of remortgaging need to be addressed, deciding to do so can often be an effective way of ensuring you pay no more than is necessary for your property.
It’s sensible to seek professional mortgage advice in order to secure the best possible deal for you, and to ensure you get as much out of the process as you’ve put in. Having been in the industry since 2001, we can help you overcome challenges, weigh up any circumstantial factors, and give you access to some of the best rates in the market.
Think carefully before securing other debts against your home
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What does a mortgage adviser do?The world of mortgaging is complex. Especially when it comes to lending for Buy to Let and the like, it's crucial to research numerous lenders and take a more specialist approach to the process. A mortgage adviser will do the leg work for you, offering in-depth knowledge of the property lending market, helping you overcome challenges, and offering exclusive access to a database of banks and lenders. What's more, they offer a level of support that streamlines the entire process and makes things easier for you.
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How can I get the best mortgage advice?You can seek advice on mortgages directly from lenders such as banks or building societies. Alternatively, you can go to a whole of market mortgage adviser or broker who will search and compare numerous products at the touch of a button.
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Is mortgage advice free?The cost of mortgage advice depends on the terms and conditions of the adviser. Some mortgage advisers might charge for their services but this will usually depend on your requirements and on the value of your mortgage. We offer a free consultation every time and will quickly confirm if there will be any charge for our services and support. In the majority of cases, we will receive a commission from the lender once a mortgage starts. It’s important for you to clarify terms and conditions with mortgage advisers from the start so that you are aware of any charges and financial responsibilities you may incur. Check our Fees page for a full rundown on broker fees.
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Do banks charge for mortgage advice?No, banks will not charge an advice fee. You do however need to remember that they will only recommend their own specific products. Whole of market mortgage advisers are more likely to provide an impartial perspective on the most suitable and competitive mortgage products and via a variety of lenders.
