Remortgage Specialists in Leicester

Whether it be raising money on your current property or renewing your existing mortgage, we at RNR Mortgages, as remortgage specialists in Leicester, can help you.

The most common reason to remortgage is to directly replace your current mortgage due to the existing deal coming to an end.  In this situation, we will assess what is best for you and your circumstances.  This could mean replacing your mortgage with a different lender or recommending a new rate with the current lender, which we can do on your behalf so there is no need for you to contact your existing lender.

Your home may be repossessed if you do not keep up repayments on your mortgage

Other reasons for the remortgage are to release the equity in your property for various reasons.  This includes, but is not limited to:

  • Home improvements
  • To buy a second property or a buy to let property
  • School fees
  • Paying off a Help to Buy loan
  • Consolidating unsecured debt

Debt consolidation is not always the most suitable option, consolidating debts must be carefully considered. It will usually mean more interest over a longer repayment term and there may also be early repayment penalties on your current mortgage, you should think carefully before securing other debts against your home. There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service https://www.moneyadviceservice.org.uk/en/tools/debt-advice-locator these services may be more suitable for you

How can RNR Mortgages help with a remortgage?

Whatever the reason, we will use our expertise and experience and take into account your current mortgage and circumstances to see if it is worth changing your lender, or staying with your current lender.  This, therefore, saves you the hassle and time of trying to work out what is best for you.

As part of our remortgage service, some of the features include:

  • Helping you work out how much you can borrow based on your individual circumstances
  • Helping you work out how much you would like to budget for the mortgage and protecting the mortgage debt from unforeseen situations in life
  • Completing your mortgage application and supporting you throughout the process
  • Reviewing any existing protection and, if needed, recommending a protection portfolio to make sure that your mortgage debt and family are protected from unforeseen situations in life
  • If needed, recommending a solicitor to help with the remortgage conveyancing
  • Providing regular updates on the conveyancing process once the offer has been issued

Contact Us Today

Contact our Mortgage and Protection Brokers today to discuss the remortgage service we offer to people in Leicester and beyond.  We will use our experience and expertise to help you find the correct mortgage and protection portfolio to meet your needs.
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