Compare your existing lender to what’s available elsewhere – we’ll tell you which option is best for you!
Why seek Remortgage Advice? There are some incredibly competitive remortgage products available and it is our job to find the best one for you.
Whether you are looking to remortgage for a new fixed-rate, for a remortgage to go through quickly, are having problems with a current remortgage application, are looking to save money, consolidate loans/credit cards, raise money from your property or just want remortgage quotations, we will do our best to help.
New mortgage market review regulations make it far more difficult for existing customers looking to remortgage without the help of a Mortgage Broker in Durham.
You should think carefully before securing other debts against your home. By adding your unsecured debts to your mortgage, which is secured on your home, you are potentially putting your home at risk if you cannot make the required repayments.
Although the total monthly cost of servicing your debt may have reduced, the total cost of repayment may still have risen as the term of your mortgage is longer than it may have taken to repay the debts originally.
Circumstances, such as income, marital status, and employment type may have changed since your original mortgage and these will need taking into account.
Contact us today to book your free remortgage consultation in Durham & see how we can help you.
We offer all our customers a free remortgage consultation. We understand the busy lifestyles of today that is why our free remortgage consultations with your Mortgage Advisor in Durham are available daytimes, evenings or weekends.
Our Mortgage Advisors in Durham have a wealth of knowledge when it comes to helping customers Remortgage. Whether you are looking to release equity or secure a better rate, we are ready to help you find the perfect Remortgage deal.
Always remember that as a Mortgage Broker in Durham, we are here to help you. Friendly, helpful and patient, whatever questions you may have with regard to your remortgage, these will be answered by our expert team.
We want you to feel happy and relaxed throughout the whole process. Check out our feedback to see what others have said about our amazing customer service!
As your Mortgage Advisor in Durham, we are here to help you. Get in touch with us today and make a date for your free mortgage consultation.
5.00 Rating13 Reviews
Duncan
Professional all the way. Excellent advice from Wayne followed by excellent administration by Anna to complete the transaction. Would recommend.
Martin
Excellent Staff and Service, I would definitely use them again They were very helpful all through the process of my remortgage providing me with the best deal and assisting with any issues or concerns i had, very prompt on replies to my calls and...
Kayleigh
Joe and Chloe have been so helpful sorting out our remortgage. They did all the hard work. I would highly recommend Durham Money Man to anyone! Fab job guys!
Karen
Was very professional and very helpful.
Anonymous
We are very pleased with the service we received. Everything was very simple and the mortgage brokers done everything for us. The mortgage deal they found was significantly less than any we could find ourselves, so it's worth paying the broker fee...
Niall
Fantastic service! Amazing advice and guidance throughout my mortgage application. Would recommend Durhammoneyman to anyone!
Sarah
Durhammoneyman have been an absolute lifesaver in helping me to get a mortgage. Their support, advice and assistance throughout the process has been above and beyond what I could have expected. Without them I would not have been able to navigate...
Donna
I cannot fault the service I have received from Leo, Wendy and the team. They have made a potentially stressful process very easy, offering support and guidance throughout. I would recommend this team to anyone in need of mortgage advice. Thank...
Sandra
Matt was first of all hugely understanding and quite reassuring in what I knew would prove a difficult task! Under 2 years self employment history, trying to gain a second family home without selling the first and possessing a buy to let which also...
Louis
I had a complex situation and I was nervous about the whole thing. Chris worked his magic and got me a mortgage offer within 2 weeks. I was amazed. Working full time I found the evening appointments terrific.
Michelle
Thank you to Laura and Matt who worked seamlessly to get my remortgage offered. I’m really happy with my new deal, much better rate than what my bank were offering.
Mary
My mortgage broker was easy to get hold of and efficient. Overall my experience was good value for money. As a first time buyer I felt I had support throughout my purchase.
Daniel
We rang these guys when we had been promised a mortgage by our Bank who then changed their minds. To be honest we didn’t know whether or not we’d be able to get a mortgage but during the first call with Durham Moneyman we felt they understood...
Firstly, we will get you to fill out our Fact Find to learn a little more about your mortgage situation. Then we will get you booked in for your free mortgage consultation to learn even more about your mortgage needs. After your consultation, we will arrange a mortgage Agreement in Principle for you within 24-hours.
Then it’s over to you to find your dream home and make an offer. Once you’re ready to proceed and you’re happy to take up the mortgage product that we’ve recommended, we can get your mortgage application prepared!
You will need to provide a variety of documents to support your mortgage application. You’ll be asked to hand in your photographic ID, bank statements, latest P60 and a couple more things.
If you’re Self Employed, you may need to provide 2 years of accounts’.
If you’ve suffered from bad credit in the past, you may be required to put down a higher deposit than usual. This could be somewhere between 10%-15% of the property’s purchase price.
The fees involved with Remortgaging are similar to the ones involved when you started your current mortgage. There will be various different fees that you’ll need to consider when remortgaging, your Remortgage Advisor in Durham will run through these with you.
There a various reasons why someone may want a second mortgage. People may want to consolidate their debts into their mortgage, want to improve their home or journey into the world of Buy to Lets. Whatever your reason is for wanting a second a mortgage, you should get in touch with a Mortgage Broker in Durham like us.
Your free Remortgage consultation will roughly last 30 mins. During which, you’ll speak to a Remortgage Advisor in Durham and get a bigger picture of the remortgage process. They will ask you some questions to find out your remortgage needs and what your personal and financial situation is like.
After your consultation, they will search for the perfect remortgage deal for you. If they cannot find a better product, they will be open and honest with you and suggest that you stick to the same rate.
You can remortgage to consolidate debts into your mortgage if you have accumulated unsecured debts. However, this can increase your total mortgage amount as well as your mortgage payments each month, so you will have to make sure that you can afford to choose this option.
Consolidating debts into your mortgage can be an extremely specialist subject that could require help from an expert like ourselves. Get in touch for a free mortgage consultation.
Once you complete your fixed-mortgage term, you will fall straight onto your lender’s standard variable rate of interest (SVR). This rate is likely to come with a higher rate of interest than your current product, this is because lenders track the Bank of Englands rate plus their own percentage.
To avoid ending up on their SVR, you should think about remortgaging. Remortgaging could allow you to access a much better mortgage product with a competitive rate. We will consider your current product before recommending you a new remortgage deal.
An initial telephone call where we take some details and look at your Remortgage plan.
A discussion about your personal requirements. You already own the property this time around, you can avoid the property chain!
We will search and compare 1000s of products to find you the most appropriate deal.
Application stage - We'll ensure everything goes smoothly with the lender. You'll have our support from your initial contact right through to when your remortgage process has completed.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
