Mortgage
Repayments.... Term Loans.... Car Finance.... Credit Card
Bills.... Holiday Loans.... Credit Union Loans...
With a few different loans, the monthly
repayments can add up pretty quickly!!
Have you ever wondered if there is a
more efficient way of meeting these monthly commitments,
especially against a backround of increasing house values and
low interest rates?
Switching your
mortgage will allow you to combine all your loans into
one simple package with one monthly repayment, and at very
low interest rates.
Not only that, but you can arrange to include
new borrowings to allow for important expenditure such as a
new kitchen, replacement windows, an extra bedroom or even a
provision for school or college fees. In fact, you can borrow
additional funds for almost any reason.
Apply for a quote and an approval figure
|
So
how does a remortgage work? |
We will pay off your existing
mortgage, and any loans you want to get rid of. Just tell us how
much extra cash you'd like, add it all together, and take out
the new mortgage over a term to suit. You can choose a mortgage
over 10 to 30 years, whatever suits you best.
|
So
how does it work in practice? |
We've outlined a typical
example below, showing how consolidating your loans can reduce
your monthly repayments significantly. We will be happy to
work out a comprehensive, personalised, quote for you.
|
BEFORE |
AMOUNT |
APR |
REPAYMENT |
|
Mortgage |
150,000 |
3.8% |
893.24 |
|
Car Loan |
12,000 |
9.5% |
280 |
|
Bank Loan |
10,000 |
11.5% |
240 |
|
Credit Union |
4,500 |
12.0% |
140 |
|
Credit Cards |
3,500 |
17.9% |
60 |
|
TOTAL |
180,000 |
. |
1,613.24 |
|
AFTER |
AMOUNT |
RATE |
REPAYMENT |
|
Mortgage |
180,000 |
3.25% / 3.3% apr |
1020.95 |
|
Car Loan |
0 |
. |
0 |
|
Bank Loan |
0.
|
.
|
0
|
| Credit
Union |
0. |
. |
0 |
|
Credit Cards |
0 |
. |
. |
|
NEW PAYMENT |
|
|
1020.95 |
New
mortgage amount is based on a 20 year term - LTV less
than 50% - rate of 3.25% / 3.3% apr (but you can choose a
term from 10 - 30 years)
Apply for a quote and an approval figure
|
|
Why
should I arrange my new mortgage package with you? |
As remortgage specialists, we offer:
> A remortgage with very low interest rates:
Because we deal with a range of different lenders, you have
a lot of great rates to choose from. We offer fixed rates from
2.49% (3.89% apr)
& variable rates from 3.25% (3.3% apr)
> A Remortgage with No Hassle:
You can arrange your new finance package from the comfort
of your own home. You dont need to make an appointment
with us (unless youd like to). All you need to do is to
answer some simple questions outlined below & click the send
button. We will have a look at your details & email you an
approval amount within 24 hours. We'll send you a simple form, for you to
read & sign. Then return it with some supporting
documentation, like pay slips and bank statements in the
Freepost envelope we'll provide you.
> A Remortgage at Low Cost:
We offer a fixed price legal fees option at so you know
exactly what itll cost you, before you decide to make the
switch.
> A Remortgage...Quickly:
We'll provisionally approve your application within 24
hours, and can issue a cheque within 3 weeks
of receiving your signed application.
Apply for a quote and an approval figure
It depends on 2 things -
what your income is and what the value of your property is. We
will be able to work out your maximum approval amount, if you
fill in an online enquiry. Generally speaking, the maximum loan
we can arrange is 92% of the property value.
Example: A couple in their 30's or early 40's earning
30,000 per year each, could borrow over
200,000, as long as their house was worth approx. 225,000
(subject to usual terms and conditions).
(Even if you have had credit problems in the past, we can
usually arrange finance for you)
We will work out an exact
quote for you, and will email it to you within 24 hours, but
generally speaking, the costs are:
- Your legal fees (which usually costs 1299)
- A valuation of your property, which costs 150.
And don't worry if you don't have the money upfront, because you
can add the legal fee & valuation costs to the mortgage.
Apply for a quote and an approval figure
We will post you a
completed form for you to sign, and a checklist of what we'll
need. Normally, we'd need:
- Details of your income (payslips,
P60, Salary Cert)
- Details of your loans (mortgage & loan statements showing
your payments over the last year)
- Bank account statements for 6 months
- I.D. (passport / driving license & a utility bill e.g. ESB,
Gas, Phone bill)
To find out how
these figures translate into real monthly savings, and to see
how much more disposable income youd have every month, fill
in the enquiry form below. You are under no
obligation.
Apply for a quote and an approval figure |
