Replace your short-term lend with a remortgage via Deal Direct.
Replace your short-term lending solution with a suitable remortgage option with help from Deal Direct.
When faced with a time pressure to buy a property, the lending options available to you can be limited. The opportunity to remortgage may not be immediate with some lenders and, if you find yourself in this position, you may have to wait for 6 months or more to make an application.
This means that you could find yourself paying a much higher mortgage rate in the meantime and unable to switch until the time limit has passed.
Kent Reliance used to stipulate that the property must have been owned for a minimum of 6 months before they accepted an application to remortgage. However, they have recently changed tack and dispensed with the time limit.
By doing away with the restriction, buyers who have had money tied up in the purchase could release it to use for repairs and/or restoration at the same time as improving their mortgage deal.
By making a remortgage enquiry with us here at Deal Direct, we can point you towards the lenders in the market who offer the flexibility you seek, enabling you to apply for a remortgage from the day your initial purchase was made.
By taking advantage of our experience and knowledge of the market, you are opening yourself up to the possibility of making substantial savings over your initial mortgage deal.
To find out more about how Deal Direct can help you with your remortgage search, chat with us online or call our offices to speak to a member of the team.