• Savings can be in the £000’s. Very few lenders offer their existing clients their best deals. Reviewing your mortgage each time you finish your fixed or discounted period costs nothing but can save £000’s.
  • Limited Options. Some lenders will offer only the products they want you to have, eg. 2 year or 5 year fixed. What if a flexible tracker or 10 year fixed is right for you?
  • Loan to Value. The greater the equity in your property the better deals you can apply for. It may be that your existing provider does not make any allowance for the increase in your house value when offering you their best deal.
  • Debt Consolidation. It is essential you take expert advice if you are considering this course of action. Some lenders will allow capital raising up to 90% of the value of your property for this purpose.
  • Help to Buy Headaches. The Help to Buy Equity Loan on new build properties is fast approaching its 7th year. It has helped thousands of people to buy their dream home or get that important first step onto the housing ladder. But what do you do when you are nearing the end of the 5 year interest free period or wish to capital raise over and above the mortgage balance.
  • Home Improvements. Whether it’s a new kitchen or the loft conversion that means you will never need to move again, the capital in your house can often be the most cost effective way of paying for it.
  • Marital Settlements. There can be vast differences in the amounts available from different lenders depending on individual circumstances. Your current lender may not be able to help you buy out your ex-partner but that doesn’t mean that another lender cannot help.
  • 2nd Property Purchases. It isn’t uncommon for clients to raise sufficient funds to use as a deposit on a 2nd property for BTL purposes, holiday homes or dependent family members.
  • Large bills. Whether it’s the next 5 years school fees or purchasing a yacht(!) the equity locked up in your home can often be put to good use.
  • It costs absolutely nothing to find out! If staying with your existing lender is the right thing to do then that is the advice you will receive.