Top tips for remortgage deals…
Helping to get the best remortgage available to you
If you are looking to remortgage, it’s important to get the best deal possible, and with ever increasing interest rates and rising household bills, it’s more important now than ever.
Your mortgage is probably also the biggest financial commitment you have, so it’s vital you make sure you are not paying anymore than you have to.
Start by using one of the UK’s most accurate mortgage finders
Using our industry leading DirectQuote system your best remortgage rate options are just a few clicks away. It’s a real-time process that’s fast, secure, accurate and won’t affect your credit score
- Best remortgage rates – UK wide search
- Free service – no broker fees*
- No credit check and no valuation
- End-to-end secure online process
*Applies to Personal Transfers and advice. Arrangement fees apply in most other cases.
5 top tips to prepare for your remortgage
There are a few simple things to do to boost your chances of getting the best possible remortgage
1
Get on the electoral roll
If you’re not yet registered to vote, it’s very unlikely you’ll be able to get a remortgage, as lenders use the electoral roll to check your ID.
2
Get a valuation and find out how much equity you have in your home
The more equity you have the better your options will be, and also the lower the loan to value (LTV). Get a valuation from an estate agent to find out your home’s value. If you owe £100,000 on your mortgage and your property is now valued at £180,000, you have £80,000 equity.
3
Get proof of income
All lenders have to show that borrowers can afford to pay back their mortgages.
4
Don’t miss or make late payments
If you’ve not already done so, set up a direct debit on your credit cards so you’re never late with repayments.
5
Check your credit file
Get a copy of your credit file from a credit reference agency, like Equifax. When you receive your file, check it for any errors. If you believe your file is wrong, ask the agency to correct it.
Speak to a remortgage expert
If all this sounds a little daunting, don’t worry, our remortgage experts are on hand to answer any questions you may have and help you find the right mortgage for you.
Call 0800 029 1671
Why remortgage?
There are many reasons for choosing a remortgage – you could be coming to the end of your current mortgage deal, or you are looking for more flexibility with the option of overpayments, or maybe you want to consolidate expensive loans and credit cards with one simple monthly repayment? Whatever the reason, we’re here to help make sure you get the right remortgage for you, with all the help and expert advice you need. And what’s more – it’s a FREE service.
3 possible reasons to remortgage
Your current deal is about to end
Act quickly and you could avoid going on to your lender’s standard variable rate, potentially saving you £100s each year.
Consolidate expensive loans & credit cards
Pay off your debts including credit cards, store cards, personal loans and overdrafts with one simple and easy to manage monthly repayment.
Home improvement
A home improvement remortgage can be a cheaper way of funding improvement than taking out a loan or maxing out your credit cards.
What paperwork will I need?
Applying for a remortgage you will typically need the following paperwork:
- Proof of income (your last three months’ payslips, or two to three years’ accounts if self-employed).
- Three months’ worth of bank statements
- Proof of any bonuses or commission you have received
- Your latest P60 tax form
- SA302 tax return forms, (mainly for the self-employed)
Why not see the best possible remortgage rates available to you…
through DirectQuote
Search for the best remortgage rates with DirectQuote, and you’ll have access to a system that’s on its own as a search tool. Click ‘Find my best deal’ to complete some details, and within minutes you’ll see a range of remortgage options that are tailored to your needs. The results are seen in real-time, and are the latest figures from a whole-of-market UK mortgage search.
A search that can deliver the best results for you
Deal Direct has helped thousands of customers source the very best remortgage rates, not only through the accurate and UK-wide search it provides, but because the DirectQuote system can take your application through to completion with utmost efficiency. You’ll have complete confidence at every stage and all the support you need from our experienced team of mortgage specialists.
Compare the best available remortgage rates from UK lenders
We’re more than just a mortgage broker.
With Deal Direct, you don’t just get a leading UK mortgage broker, you get a dedicated team of professionals to support your application from start to finish. We build trust and we act for each and every customer to ensure the product, the rate and the deal as a whole is the best it can possibly be. We’re immensely proud of our 5 star customer rating, and of each and every individual review.
Some straightforward remortgage rate advice…
1
Search the whole of UK market
Getting the best remortgage rate relies on the ability to search far and wide to get the best options, with up-to-the-minute remortgage rates and repayments.
3
Trust a process designed for you
From application right through to completion, our application process removes stress, delays and complications, so everything is straightforward.
2
Impartial advice means confidence
Deal Direct’s mortgage experts are on hand to help you make all the right decisions for your future financial security with complete impartiality.
4
Don’t wait to apply
It costs nothing to apply, not even a credit search. If you think you want to consider a remortgage, it’s a good idea to start now so you have time to plan wisely.
Experience 5 Star Customer Service with Deal Direct
Efficient & professional service
From the first contact, we had enquiring about types of mortgages to the final contact receiving confirmation that the funds had been released, the advisors were knowledgeable and professional. Responses to all our queries were always quick & comprehensive. Great service.
If you have any questions about your application, please do not hesitate to call a member of our specialist mortgage team, we’ll be happy to help.
Call 0800 029 1671
Excellence in mortgages since 2005