Residential and Buy to Let Remortgages
So you love where you live, your house, your area, or your portfolio of buy-to-let properties, but you could do with a little financial health boost and you really don’t want to move house or sell any of your buy-to-lets? Then, a re-mortgage is the product for you. Re-mortgaging is a simple way to release equity from your property (or properties). It is generally taken out at the end of the current term and can be used for a number of different reasons.
You might be finding times a little tough, so a re-mortgage is a great way of being able to consolidate other debts, pay for a wedding, buy a new car, renovate the kitchen or general home improvements. The possibilities are endless. Re-mortgaging with Manchester Money can be a little like giving yourself a financial makeover, a financial health boost as it were.
As independent mortgage brokers, we have access to the whole of market, so are in the perfect position to find you a better, more favourable deal. We’re not biased towards any particular lender, so you can be assured that we have your best interests at heart – and not those of the lender.
Re-mortgaging is also a great way of lowering your monthly payments. But, be aware, that it does mean that your new term will probably be a longer one, so whilst you’re enjoying your lower payments and home improvements, you’re actually taking longer to pay them off which also means you’ll be paying more for your debt in total.
Call us for a chat and see how Manchester Money can help.