Remortgage

Buying a property can be the biggest decision made in our lives. It is for this very reason that impartial advice is critical from qualified advisers.

Expert Advice

We search for your best deal; We take care of all the paperwork; We make it easy to get the right mortgage. Talk to an expert mortgage adviser today!


Contact us

Mortgage Calculators

Our mortgage calculators are designed to help you work out how much you can borrow.


Calculators

Mortgage Finder

Search the market with our mortgage finder tool to find the best deal for you.


Search
 

When you remortgage, you are switching your mortgage to another deal, and frequently, another lender.



Remortgages can be used for various reasons. However, most people simply switch mortgages because it will work out cheaper for them. For example, the introductory discounted interest rate may have finished with your current lender; therefore you could potentially get a new discount rate, or a lower APR, with another lender. Another example is when you may need to re-mortgage to consolidate debts.



It is worth noting that a remortgage is not the best option in all cases. Even if the lender you are considering switching to is offering a lower APR, you must take into consideration the facts that: 

  • The new lender may charge you for valuation and solicitors fees, even if you have already paid these for your mortgage with your current lender.

  • If you switch mortgage remember to look at the overall repayment period. You may be able to pay less monthly, but check the final repayment date of the mortgage as well.

Also you may be able to switch your mortgage deal with your current lender, avoiding any unnecessary costs. Many lenders will allow you to switch your mortgage deal reasonably frequently. 

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.  YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. 

Securing short term debts against your home could increase the term over which they are paid and therefore increase the overall amount payable.

You may have to pay an early repayment charge to your existing lender if you re-mortgage. You can choose how we are paid for mortgages; pay a fee or we can accept commission from the lender, or a combination of fee and commission.

Copyright © 2017 AMAC Mortgages. All Rights Reserved

Your home may be repossessed if you do not keep up repayments on a mortgage.

AMAC Mortgages is directly authorised and regulated by the Financial Services Authority (FCA 302881).

AMAC Mortgages Limited, registered in England No. 4311930. Registered office: TML House, 1A The Anchorage Gosport, Hampshire, PO12 1LY. Telephone 02392 581 185.

To view our privacy statement please click here.

This site is only directed at persons within the UK. Calls may be recorded for training and monitoring.