Providing individual mortgage advice; unique to you
When you remortgage, you are switching your mortgage to another deal, and frequently, another lender.
It is worth noting that a remortgage is not the best option in all cases. Even if the lender you are considering switching to is offering a lower APRC, you must take into consideration the facts that:
- The new lender may charge you for valuation and solicitors fees, even if you have already paid these for your mortgage with your current lender.
- If you switch mortgage remember to look at the overall repayment period. You may be able to pay less monthly, but check the final repayment date of the mortgage as well.
- You may have to pay an early repayment charge to your existing lender if you re-mortgage.
Also you may be able to switch your mortgage deal with your current lender, avoiding any unnecessary costs. Many lenders will allow you to switch your mortgage deal reasonably frequently.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Debt consolidation is not always the most suitable option, consolidating debts must be carefully considered. It will usually mean more interest over a longer repayment term and there may also be early repayment penalties on your current mortgage, you should think carefully before securing other debts against your home. There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service these services may be more suitable for you
Your home may be repossessed if you do not keep up repayments on your mortgage.
We charge a fee of £495 for the straight forward mortgage application and up to £1,495 for the more complex ones. The fee will be confirmed to you prior to application.
Zebra Mortgage Centre and Zebra Money Centre are trading names of Zebra Mortgages Limited which is authorised and regulated by the Financial Conduct Authority (FCA) and is entered on the Financial Services Register under reference 618018. Registered in England and Wales No: 70520888 . Registered office 1 Union Street Luton LU1 3AN. Calls may be recorded for training and monitoring.
It is our intention to provide you with a high level of customer service at all times. If there is an occasion when we do not meet these standards and you wish to register a complaint, please contact us by writing to our Customer Services Department, Zebra Mortgages Limited, 1 Union Street LUTON LU1 3AN or by phone: 01582 450000.
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service