At Ocean Finance, we help people find self-employed mortgages, as well as mortgages for contractors & freelancers, so be sure to get a self-employed mortgage quote today.
Could help you save money
Remortgaging your home at a better rate than your existing mortgage could result in lowering your interest payments every month. In other words, remortgaging could help you save money.
Raise extra cash
Remortgaging may be beneficial if you want to release money tied up in your home - This means that remortgaging your property could allow you use the money tied up in your home to make home improvements, buy a newer car or take a vacation away. Remortgaging could also be used to consolidate your existing debt into one manageable monthly repayment. You could use debt consolidation remortgages to release money from you home to pay off your other outstanding debts. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
Change your mortgage term
Your circumstances may have changed enabling you to pay back more or less money than you could previously. By changing your mortgage term you could alter your monthly repayments. It is, however, important to note that if you extend the length of your mortgage you will be paying back more money over the term of the mortgage agreement.
At Ocean Mortgages, we aim to make the process of remortgaging as straightforward as possible so when you enquire for a mortgage a fully qualified mortgage adviser will guide you through the remortgaging process, so enquire online to receive no-obligation help & advice. Get in touch with us for free self-employed mortgage quotes online.
If you plan to raise money with your remortgage, it will be arranged by Ocean Finance from a panel of lenders, and we’ll receive a commission from the lender upon completion. For a remortgage where additional monies are being raised, the broker fee is 12% of the additional borrowing capped at a maximum of £4,495.
Mortgages available are subject to status.