Remortgaging means moving your mortgage to a new lender while staying in the same property. Our experienced team is able to swiftly assist with the paperwork required by your mortgage lender to allow for a smooth transition between products and the funds arriving in your account in a timely manner.
Homeowners are also increasingly turning to equity release to unlock money for example for their retirement.
There are two main types of equity release:
- Lifetime mortgage. This is the most common type of equity release. You borrow money secured against your home. The mortgage is usually repaid from the sale of your home when you die or move permanently into residential care.
- Home reversion plan. You raise money by selling all or part of your home while continuing to live in it until you die or move into permanent residential care.