Build on your foundations by releasing capital
Our re-mortgage plan allows you to release equity whilst still enjoying all of your home comforts. Countrywide Money do all of the hard work so you can sit back, relax and think of the ways to use your equity.
Re-mortgaging with Countrywide Money could mean you get better interest rates, save on your monthly payments and conserve for the future. If you are currently paying the standard variable rate on your mortgage then a re-structure of your mortgage repayments could be essential as you may be paying too much.
When looking to re-mortgage there are two options available. At Countrywide Money you can either borrow the exact amount remaining on your mortgage or you can obtain more depending on your circumstances and a valuation on your home.
At Countrywide Money we want to give you the best possible re-mortgage for your circumstances. Our bespoke service gives us the ability to find flexible rates that are tailored to your needs. To re-mortgage with us then call 0800 1953757 or request an online quote and one of our experienced re-mortgage advisors will find the most cost-effective way for you to release equity.
A remortgage (also known as refinancing) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security.. Often the purpose of switching is to secure a more favourable interest rate from a different lender.
The process of remortgaging does not usually involve moving home or taking out a second mortgage on the property; it is in effect the transfer of a mortgage from one lender to another.
Homeowners may choose to remortgage for various reasons, usually to reduce the overall monthly mortgage payment amounts. However, other reasons may include to reduce the size of repayments, to pay off a mortgage earlier, to raise capital, or to consolidate other more expensive short term debts.
Homeowners often mis-use the expression remortgage when they are simply switching from one product to another with the same lender; this is not a remortgage which involves the removal of one legal charge over a property and its substitution with another in favour of a new lender.
The ability to remortgage is very much based on an individual's circumstances and as the costs involved can be very large.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.