If you’re looking to remortgage in Tamworth, you’re likely looking for the best deal possible. We are here to help you with that! Our team of experienced mortgage advisors in Tamworth are available to help you every step of the way and ensure you get the best remortgage deal possible for your individual needs.
Our team will work to search through 1000s of remortgage deals to find the one that works for you and your unique situation. From there, we’ll help you through the remortgage application process. We are dedicated to providing impartial advice and will let you know if staying with your current lender is the better option.
Booking your free remortgage review is the first step in your process. From there, you’ll meet with one of our experienced mortgage advisors in Tamworth to discuss your options. We will work to find the best deal for you and your circumstances and provide you with the guidance you need to make the right decision.
As your mortgage broker in Tamworth, we prioritise our existing customers and provide them with the guidance and support they need to make informed decisions about their mortgages.
Remortgaging can help you can avoid your lender’s standard variable rate of interest, which can often leave you with increased mortgage payments. When you remortgage in Tamworth with us, we’ll help you explore a range of options, including releasing equity to cover larger expenses such as home improvements or debt consolidation.
We provide impartial mortgage advice in Tamworth and will let you know if staying with your current lender is the better option.
Our aim is to save you time and money! Get in touch with us today and let us help you with your remortgage in Tamworth.
Many individuals opt to remortgage their property because a mortgage is one of the most important financial commitments they'll ever undertake, and seeking the best interest rates is crucial.
Starting the remortgage process about 3 to 6 months prior to the expiration of your current mortgage deal is highly recommended. This gives you ample time to consult with a skilled mortgage advisor in Tamworth and secure your new mortgage, ensuring a hassle-free transition.
There's no fixed limit to the number of times homeowners can remortgage their properties. It's a decision made at different stages in life.
The advantage of remortgaging is that you don't need to provide a deposit, as opposed to when you buy a property. Deposits are essential to give lenders confidence during property purchases.
Our Customers Love Us
4.99 Rating69 Reviews
Jason and his colleagues at UK Moneyman have been amazing from the start. When we began the process of house buying and finding a mortgage we knew very little, but Jason explained much to us in a telephone consultation and outlined all our options....
3 months ago
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
3 months ago
Leo Shakespeare and Stacey Jopling has work long side each other to made this entire journey extremely smooth and informative as a first time buyer. His service has been phenomenal. I had been rejected from many other brokers and banks and he...
6 months ago
I have been dealing with Wendy and Malcolm in regards to my house purchase and I could not recommend these enough. A true credit to the company. Very efficient with communication and solving any issues that needed to be addressed. Would highly...
8 months ago
Incredibly helpful, supported throughout whole process
8 months ago
Fantastic experience. Charlie helped me race through to secure the best mortgage offer, best plan for life and critical illness insurance. Very approachable and responsive even with any queries I had after everything was completed.
9 months ago
Had great help from both Joe and Chris and Chloe who were all friendly and always happy to help
1 year ago
Made everything very easy, we are first time buyers and they couldn't have been more helpful or informative. They didn't make us feel like we were stupid for not know anything about buying a house and talked us through the entire process. They even...
1 year ago
Tom and Meghan were brilliant throughout the entire process! Both were friendly and knowledgeable and explained everything to us clearly and answered our countless questions and gave us clarification where we needed it. Both were easy to contact and...
1 year ago
Super helpful, made the whole process really easy and explained everything as we went along. Pretty good at keeping in contact, keeping us up to date and explaining the choices we had and then giving us the time to discuss and make those decisions.
1 year ago
I must say I am very pleased with the service I recieved from Moneyman, they set up regular calls and kept us updated throughout the checking progress. Fairly priced fees and very knowledgeable! I would highly recommend their services
1 year ago
Second time with this broker and it's been an amazing experience. Would definitely recommend. Anna and Matt were brilliant.
1 year ago
We couldn't be happier with the service provided. Matt has been professional, helpful and extremely supportive throughout our process. We will certainly be recommending you to friends. Communication was 5* and Matt was available at any point...
1 year ago
Great team - very good communication and very nice, helpful team that made it possible for me! Thank you for the great service.
1 year ago
To say we have had a nightmare of a process of trying to buy a house would be an understatement, however Wayne and team were the bright light that helped us get through it. Can't thank them enough for their help.
1 year ago
That nice 😊
1 year ago
Brilliant service! Would highly recommend! Tom at the Birmingham branch was amazing. We're first time buyers so we were very unsure of the whole process and had lots of questions. Tom gave us all the support and guidance we needed and was there for...
1 year ago
Moneyman were really supportive during this process. After our first house fell through following downvaluation, they were really helpful in outlining the process moving forward and supporting us through the next house sale. Couldn't be happier with...
1 year ago
Thank you so much for your support Even when I Couldn't get hold of anyone else During the pandemic Your staff were there to encourage me to press on with the mortgage after Thanks for your help and the guidance Thanks for giving me a chance And...
2 years ago
Very good service, unbelievable fast to apply my mortgage. Thank you all of you.
2 years ago
Our experienced mortgage advisors will carefully evaluate your financial situation, taking into account your income and expenses, to determine your affordability.
Our dedicated team will meticulously search through a vast selection of remortgage products, leveraging their expertise to identify the most suitable deal tailored specifically for you.
Upon accepting the offer, your designated mortgage advisor in Tamworth will promptly proceed with submitting your comprehensive mortgage application to the lender, including all the necessary supporting documents.
Additionally, we will proactively notify you when your upcoming remortgage in Tamworth is approaching its renewal date, ensuring that you always have the most appropriate deal in place.
Our team of experienced and highly knowledgeable mortgage advisors in Tamworth is dedicated to ensuring that you get the most suitable mortgage deal for your individual needs. We offer free remortgage appointments in Tamworth and the surrounding areas, so you can receive expert advice without any financial commitment.
You can find out more about our services by reading through our customer reviews – you won’t be disappointed! As your remortgage broker in Tamworth, our mission is to provide the highest level of customer satisfaction and we are always looking for ways to improve our services and exceed our customers’ expectations.
Our team of mortgage advisors in Tamworth will search through thousands of remortgage deals to find the most suitable one for you and your unique circumstances.
If you choose to move forward with the great deal that our team finds you, we’ll help you through the remortgage application process.
If you’re looking for impartial mortgage advice in Tamworth, don’t hesitate to get in touch with us today.
We have a wide range of remortgage options available, from releasing equity to finding a better deal. Our experienced mortgage advisors in Tamworth will guide you through the process and help you make an informed decision about your remortgage.
With access to thousands of specialist and unique mortgage products, we are sure to find the right deal to suit your circumstances. We are proud to provide fast and friendly mortgage advice in Tamworth and are committed to helping you reach your property goals.
Our mortgage advisors in Tamworth are available seven days a week, from early mornings to late nights, and we offer flexible bookable appointments that fit in with your daily routine.
If you’re ready to get your remortgage in Tamworth underway, contact us and book your free appointment with one of our expert advisors today. We are here to help you find the best mortgage deal to suit your needs.
If homeowners are satisfied with their current mortgage lender but are seeking better rates, they may want to consider a product transfer in Tamworth. This involves switching to a different mortgage product, such as a tracker mortgage or a new fixed-rate deal while remaining with the same lender.
Product transfers are typically faster and simpler than refinancing since they don’t require a full mortgage application and underwriting process. However, it is important to compare options as they may not always offer the best rates.
When homeowners in Tamworth want to save money and secure the best mortgage terms, refinancing is a popular option. This involves considering different lenders with lower interest rates, improved conditions, or reduced monthly payments. By exploring various options, homeowners can potentially save money and enhance their financial situation.
As a mortgage broker in Tamworth, we frequently assist homeowners who choose to refinance in order to finance home improvements or renovations. By leveraging the equity in their property to obtain a larger loan, homeowners can fund repairs, upgrades, or extensions, ultimately enhancing their living space and increasing their property’s value.
Remortgaging in Tamworth can also provide homeowners with a means to consolidate their debts and simplify their financial obligations. By utilising the equity in their home to pay off high-interest debts like credit cards, personal loans, or car financing, homeowners can reduce their monthly repayments and save on interest charges.
It is important to note that by incorporating unsecured debts into a mortgage, which is secured by the home, homeowners may put their property at risk if they are unable to meet the required repayments. While the total monthly cost of servicing the debt may decrease, the overall repayment cost may still rise due to the extended mortgage term compared to the original debt repayment period.
In certain cases, homeowners in Tamworth may need to remove a name from their mortgage, such as a former partner or spouse. Remortgaging the property and obtaining a new loan in the name of the remaining owner can be a way to sever financial ties and move on from a previous relationship while ensuring that the remaining homeowner can continue making mortgage payments and retain ownership of the home.
Finally, some homeowners may opt to remortgage in Tamworth to release equity from their property. This allows them to access a lump sum of cash that can be used for various purposes, such as funding a child’s education, starting a business venture, or going on a dream vacation. Through refinancing, homeowners can tap into the equity in their property and transform it into a valuable asset to help achieve their financial goals.
Homeowners aged 55 and over who wish to release equity from their property can explore lifetime mortgages in Tamworth. This involves taking out a loan secured against the value of their home, which is repaid when the property is sold or the homeowner passes away or moves into long-term care.
While lifetime mortgages can provide access to cash without selling the property, they often come with high-interest rates and fees and may impact eligibility for means-tested benefits. Both lifetime mortgages and home reversion plans are regulated by the Financial Conduct Authority, and individuals should request a personalised illustration to understand the features and risks.
To understand the features and risks, ask for a personalised illustration. Equity Release may come in the form of a lifetime mortgage or home reversion plan.
A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.
A home reversion plan involves selling all or part of your home to a plan provider in exchange for a tax-free lump sum.
For homeowners in Tamworth who require additional funds but do not want to refinance, a further advance from their current mortgage lender may be a suitable alternative. This involves obtaining an additional loan on top of the existing mortgage, using the property as security. While further advances can be used for various purposes like home improvements or debt consolidation, they may carry higher interest rates compared to refinancing options in Tamworth.
When smaller amounts are needed, an unsecured loan may be a more appropriate choice than refinancing in Tamworth. These loans are not secured against the value of the home, eliminating the risk of property loss if repayments cannot be met. However, unsecured loans typically come with higher interest rates than secured loans and may not be suitable for significant or long-term borrowing.
For smaller short-term borrowing needs, credit cards or overdrafts may be suitable options. Although they offer convenience and easy access to funds, they often carry high-interest rates and fees. Credit cards and overdrafts may not be appropriate for long-term borrowing or larger amounts, whereas remortgaging in Tamworth might be a more suitable solution.
Feel free to get in touch with our mortgage advisors in Tamworth if you have any questions about your remortgage in Tamworth.