Compare the most popular types of remortgage...

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Debt Consolidation

Re-mortgaging for the purpose of debt consolidation is often seen by many as the perfect solution to their needs; a way of reducing their monthly outgoings with one affordable repayment and one rate of interest. However, you should be aware that extending the term of the debt will increase the total amount you have to repay.

Self Certification

Self cert mortgages are ideal for applicants that are self employed, perhaps without accounts or may have difficulty in proving their income. Also employed where the income is built up from different sources like bonuses and overtime or where they might have second job or part time position to boost earnings.

Capital and repayment or full status

Repayment mortgages are based on repaying the capital (the total amount borrowed) and the accrued interest every month reducing the amount you owe throughout the term of the mortgage.

Interest only

Interest only mortgages are based on repaying just the accrued interest every month without reducing the capital.

Fixed rate

Fixed rate mortgages are a way of guaranteeing your monthly mortgage payments remain the same and are free of any hikes in the base rate for a set period of time ranging from two up to five years or more depending on the lender and of course your requirements at the time.

Buy To Let

Buy To Let mortgages are for homeowners looking to purchase a property with the sole goal of letting or renting it out on a commercial basis.

Make an informed decision

This article covers a selection of the most popular types of remortgages available in the market. Before you make any decision it makes perfect sense to discuss your requirements with a qualified broker and get their expert advice on finding a suitable product for your needs and personal circumstances.

Find a mortgage advisor to help you source the best deal: more information