Remortgaging is one of the most effective ways to reduce your monthly payments, improve your mortgage terms, or unlock equity in your home. However, many homeowners stay on unsuitable deals simply because they don’t realise better options exist.
At Mark One Financial Services, we help homeowners across Scotland review their mortgage regularly and act at the right time. As a result, many of our clients save far more than they expect.
There are several reasons homeowners choose to remortgage. For example, you may want to secure a lower interest rate, reduce your mortgage term, or fund home improvements. In some cases, clients remortgage to raise capital for another property or consolidate borrowing.
Whatever your reason, we assess your current mortgage against the wider market. Then, we explain your options clearly, so you can make an informed decision with confidence.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The remortgaging process does not need to be stressful. We handle the research, comparisons, and paperwork on your behalf. Meanwhile, we explain costs, borrowing limits, and suitability at every step. Because we have access to a wide panel of lenders, we can identify solutions that are not always available directly.
Importantly, we also offer ongoing mortgage monitoring. This means you are kept informed when rates or products change, helping you avoid drifting onto expensive deals in the future.
Lenders assess affordability using your income, outgoings, credit profile, property value, and remaining balance. Therefore, providing full and accurate information allows us to present your case in the strongest possible way.
With expert guidance and careful timing, remortgaging can be quicker, smoother, and more beneficial than many homeowners expect.
Ideally six months before your current deal ends. Many lenders allow rates to be secured in advance. We monitor your current mortgage term and prompt you when the best time to consider this step is.
Yes. Changes in income, employment, or property value can often improve your options.
Yes. Many homeowners remortgage to fund home improvements, consolidate debt, or to purchase other property.
Yes. We guide you through the entire process and handle the administration.