If you don’t Re-mortgage at the end of your Mortgage deal, your interest rate will revert to lender’s SVR (Standard Variable Rate) which means your monthly payments will increase. We will try our best to find you a more competitive Re-mortgage deal to help save you money in the long run. It is also best to Re-mortgage if you would like to raise capital from the equity in your property. Contact Cassidy Mortgages in Liverpool to secure your next mortgage deal.

Normally, your current Mortgage product will have an end date and will then revert to the lender’s Standard Variable Rate of interest. It is best to consult your Mortgage Advisor in Liverpool around 3-4 months before your current product finishes, this is so we can prepare your Re-mortgage so it is ready to continue avoiding any extra costs payable due to your lender’s SVR.

When Re-mortgaging, depending on the Mortgage Product chosen it could involve a product fee. However, if you contact your Mortgage Advisor in Liverpool, we will talk you through all of the possible costs and will even find you a product without any additional fees like a product fee.

Our first job as your Mortgage Broker in Liverpool, is to conduct our free telephone consultation, where we will have an initial chat and invite you to complete our Fact Find. This is to understand your personal and financial circumstances, so we can recommend the most suitable Re-mortgage Product. Upon completing the Fact Find, we will aim to obtain your agreement in principle within the same day. Following the AIP, we will submit the Mortgage Application processing all the paperwork on your behalf and we will be by your side until you complete.

Our Re-mortgage Processconsists of six stages being Fact Find, Agreement in Principle, Application and Completion. Throughout all of these stages our Mortgage Advisors in Liverpool will be by your side throughout your Re-mortgage journey and will be there for you when you next need us to Re-mortgage again.

As a Mortgage Broker in Liverpool, Cassidy Mortgages will typically charge a fee of £300, which is payable at the Application stage when the application is submitted. However, as we provide a service of advising and getting you a Mortgage, our fee is NOT applicable if we are unable to get you a Mortgage.