Remortgaging Your Home in Teesside

There are many reasons people in the Teesside area may wish to remortgage their home such as debt consolidation, to pay for home improvements, as a deposit for the purchase of another property, to fix your interest rate for a set period of time (to protect against potential future interest rate increases). 

Typically, when remortgaging a property the new lender will offer a free standard valuation on the property and nominate a solicitor to deal with the legal formalities at no cost to you (though there can be exceptions to this such as if the names on the mortgage have to be amended).

Depending on your lender, you may be offered a transfer to another rate that is more competitive than remaining on their Standard Variable Rate (SVR), however this process can take significant time depending on their branch availability – The Original Mortgage Company have access to many of the high street lenders’ mortgage systems and are therefore able to advise and apply for mortgage product transfers on your behalf.

So if you are looking to remortgage your home in Teesside and want to find the best possible mortgage for your needs, contact The Original Mortgage Company today on 0808 22 23 24 5.

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