Supporting your re-mortgage business
Whilst the house purchase market has paused for several weeks whilst we've awaited the return of physical valuations, interest in re-mortgaging has been largely unaffected with lenders utilising AVM and Remote Valuations to ensure customers can switch providers without delays.
Borrowers continue to search for competitive, cheaper deals on their existing mortgage and are taking advantage of historic low rates. According to recent figures published from CACI, the value of mortgages due to mature this month will account for 11% of £184 billion of mortgage maturities throughout 2020.
We're fully committed to supporting this market and have created a very competitive range of products to further support your client's re-mortgaging needs.
Product range highlights:
- 2 year fixed at 1.90% (5.0% APRC) for loans up to 60% LTV
- 2 year fixed at 1.99% (5.0% APRC) for loans up to 80% LTV
- Choice of free standard legal fees or £750 cashback
- No product fees
- Free standard valuation
- 10% overpayments
- Early repayment charge of 2% until 30.09.2021 and 1% until 30.09.2022 for both products
All available product details can be found on our website.
Should you require any further help or assistance, please do not hesitate to contact us