Want to remortgage to improve your home? Call us at Deal Direct.
At Deal Direct we specialise in finding competitive remortgage deals for home-owners wanting to release equity and free up cash for home improvements. Whatever kind of work you plan to undertake, whether you want to build an extension, replace your kitchen or replace your roof, we can help you to remortgage.
Remortgage rates are currently set low, and the news is interest rates might fall further - however this is unlikely to affect fixed rate mortgage pricing. It's been predicted that rates won't go much lower, which means there's no good reason to put off looking for a competitive remortgage any longer - rates are about as good as they'll get for now.
Remortgage rules have changed, since March lenders transitional arrangements which were designed to help home-owners remortgage after the MMR came into effect, ended. This now means you have to jump through of all the hoops that new property purchase applicants have to, and so that means stricter affordability checks and mortgage stress tests at rates of up to 7%.
If you want to make home improvements and need to fund your project by releasing equity in your home, call us at Deal Direct for remortgage advice.
We can search the market to find you a deal to help you move forward with your plans.
For advice and a low rate quote call 0800 048 8828.
