Regency ReMortgages

Review: 8.9/10 A remortgage is the same as a mortgage except you are not buying a new house you are simply taking out a new mortgage to pay off your existing mortgage. Remortgaging can be used for a number of reasons; if you have mortgage arrears or bad debt a remortgage can release some of the equity in your property to pay off debts and in some cases you can actually borrow extra money to get your finances in order.Different lenders will have different procedures and rules when deciding what you can borrow for mortgage refinancing i.e. a remortgage. Regency’s friendly staff will be able to guide you through the process, By remortgaging your house, you could reduce monthly repayments; release a cash lump sum to help pay off existing debt or to treat yourself and your family to something you’ve been promising yourself for a long time.Remortgaging has become more and more popular as people realise they can switch to different types of mortgages to suit individual circumstances and also receive more competitive deals, possibly saving thousands of pounds in the process.Regency is a specialist broker with access to most mortgage products from a panel of lenders. Our expert mortgage advisors can take you through the different products available highlighting the benefits and pitfalls when you borrow for mortgage refinance. http://www.regency-remortgages.co.uk