Re-mortgaging 

If you are nearing the end of your tie-in period on your mortgage, we can help you find an alternative mortgage product, we can help you weigh up whether it is better to switch mortgage company or stay with your current lender. 
The main reason for re-mortgaging a property are as follows: 
To secure a better deal where you are paying a lower rate of interest and hence reduce your monthly outgoings 
To protect against interest rises, allowing you to plan your budget more accurately 
To release equity in your home, providing funds to extend your home, to buy a holiday home or property to let, or for a cash deposit to help family members buy their own home. 
Why Use Basil James? 
We can offer products from across the market, unlike some other brokers who may only be able to offer from a limited range of providers, and consequently can find you a mortgage product that best suits your personal circumstances. 
If you want to talk to a friendly and approachable mortgage advisor who will make the process of switching mortgage as straightforward as possible, then talk to us today so we can show you how you can save money. 
Fees 
If you have not yet reached the end of your tie in period, you may have to pay an early repayment charge to your existing lender on top of a “deed discharge fee”. Additionally, there may be legal and valuation fees, however some lenders have special offers where these can be waived. 
Checks 
A re-mortgage will still require similar checks to those carried out when you took out your original mortgage. In most cases a re-mortgage can be completed within 4-6 weeks, however we recommend that a review of your circumstances begins at least 3 months before your existing mortgage product ends to ensure that all your options are fully assessed. This will include affordability checks. 
Please contact us for a free no-obligation consultation by completing our contact form, emailing info@basiljames.co.uk  
or calling Bristol 0117 9095868 or Somerset 01460 258903