Start comparing
remortgage quotes for free with Honest Johnny. With such a wide
variety of remortgage deals available on the market, where is
the best place to start? Honest Johnny simplifies your search
for better remortgage deals by giving you comparisons best suited
to your requirements. We put you in touch with a broker who
will help you compare the best remortgage deals available. The
Honest Johnny remortgage comparison service saves you the time
and effort otherwise spent visiting each and every remortgage
provider individually to discuss your requirements over and
over again. Instead, Honest Johnny lets the remortgage deals
find you! Through simply completing the remortgage
comparison form you can get access to the best
remortgage deals currently available for your circumstances.
Use Honest
Johnny to compare different types of remortgages fast and easily.
We cover comparisons on numerous types of remortgages, 100%
remortgages, buy to let remortgages, fixed rate remortgage,
flexible rate remortgages, interest only remortgages, tracker
remortgages, offset remortgages, shared remortgages, or even
a bad credit remortgages, Honest Johnny can help you find the
best remortgage deal for your circumstances. We have access
to independent brokers who will help you secure the best deal
and simplify your search for a better remortgage. Our free remortgage
comparison service is fast and easy to use, all quotes are no
obligation and there's no credit checks at this stage. Start
comparing cheaper remortgage deals here.
Get More When Comparing!
Honest
Johnny not only gives you access
to the latest leading deals on a variety of popular financial
products, but also gives you great discounts, codes, and the
latest promotions at well-known online shops as an instant reward
for comparing with us! If you're currently looking
for comparisons on loans, mortgages, insurance, pensions or
investments, why not also grab yourself a discount on lots of
great products offered by our partners. Simply get a comparison
quote on any of the above products and you'll get access to
various exclusive promotions and discount codes to use with
the companies listed on this page & more.
More
details on Remortgages
A remortgage (also known as refinancing) is the process of paying
off one mortgage with the proceeds from a new mortgage using
the same property as security. Often the purpose of switching
is to secure a more favorable interest rate from a different
lender.
The process
of remortgaging does not usually involve moving home or taking
out a second mortgage on the property; it is in effect the transfer
of a mortgage from one lender to another. Homeowners may choose
to remortgage for various reasons, including to reduce the size
of repayments, to pay off a mortgage earlier, to raise capital,
or to consolidate other debts.
Homeowners
often confuse the expression remortgage when they are simply switching
from one product to another with the same lender; this is not
a remortgage which involves the removal of one legal charge over
a property and its substitution with another in favour of a new
lender.
0-9
100 Percent Remortgages
A mortgage that will replace your existing mortgage, usually at
preferable interest rates, even if you have no equity in your
property. It will provide you with 100% of the value of your existing
property. Currently there are no lenders in the UK that will provide
remortgage funding in excess typically of 95%, however please
compare providers using our remortgage
comparison form here to secure the best remortgage deal for
your own requirements.
B
Bank
Remortgage
A mortgage from a bank that will replace your existing mortgage,
usuallly at a better interest rates than your existing lender.
A remortgage simply replaces your existing lender without having
to move home.
Building
Society Remortgage
A mortgage from a building society that you will utilise to replace
your existing mortgage, without moving property.
Business
Remortgages
Commercial mortgages that will replace your existing commerial
mortgage without having to sell your business or commercail premises.
The main purpose of businessremortgages is to either raise capital
or reduce mortgage repayments.
C
Capital
Raising
Capital raising is used to find additional funds for debt consolidation
purposes Capital raising usually occurs when a property is remortgaged
and more funds than are necessary to pay off the existing mortgage
are taken.
Cash
Back Remortgage
A mortgage interest rate product that will pay you a cash lump
sum for switching your mortgage from your existing lender.
Commercial
Remortgages
A mortgage designed to replace an existing mortgage, without the
need to sell your existing property,that was originally used to
assist in the purchase of a business or commercial property.
Consolidation
Remortgage
A mortgage that allows you to consolidate outstanding debts such
as loans and credit cards without having to move house. This type
of mortgage allows you to reduce your monthly expense by adding
expensive short term debts such as credit cards onto your mortgage
whilst changing lenders.
D
Debt
Remortgage
A mortgage that allows you to consolidate outstanding debts such
as loans and credit cards without having to move house. This type
of mortgage allows you to reduce your monthly expense by adding
expensive short term debts such as credit cards onto your mortgage
whilst changing lenders.
E
Endowment
Redress
An endowment redress is the process of righting or compensating
for an endowment that has not fulfilled it’s intended purpose.
Equity
Release
Equity Release Schemes typically lend you a percentage of your
home property's value in exchange for a share of the proceeds
when you die. In almost all cases you will need to be at least
60 years of age, your property should be unencumbered (have no
outstanding mortgage), and be in a satisfatory condition. Equity
release schemes can give you a lump sum payment, a regular income,
or in some instances both. Equity Release is not for everyone
and you should seek advice from your IFA to help establish if
Equity Release is right for you. To
compare equity release providers, click here.
M
Mortgage
Refinance
Mortgage refinance is when you choose to select another mortagge
lender and switch your mortgage account without moving or selling
your home.
N
No
Fee Remortgage
If you choose to switch your mortgage advance from your existing
lender a No Fee Remortgage will allow you to do this without incurring
any up front costs.
P
Property
Finance
Property finance, commonly referred to as a mortgage or remortgage,
is a loan that is secured on a property. Also referred to as homeowner
loans, home loans, etc.
R
Refinance
Mortgage
A term used to describe switching your mortgage from one company
to another without moving or selling your home.
Remortgage
Interest Rates
The interest rates options that are offered by lendersfrom whichyou
can select when choosing a remortgage.
Remortgage
Lenders
Mortgage lenders who specifically lend in the remortgage market.
Remortgage
Rates
The interest rate options available from lenders who are providing
mortgages for the remortgage market.
|
