Remortgages (8.5% APR typical variable)
A remortgage is often the most suitable option for people who want to raise money to repay expensive cards or loans, carry out home improvements, start a new business venture or perhaps purchase the holiday home of your dreams.
Am I Eligible for a Remortgage?
If you can say yes to the following then you could qualify for a remortgage with Ask Finance:
- You own your own property
- You receive a regular source of income
- You are aged 18 – 75
- You are a resident in UK
- The total debts currently secured against your property does not exceed 90% of its value
- You can afford to repay the new mortgage
Even if you have been turned down in the past for a remortgage due to mortgage arrears or a bad credit history, Ask Finance will search our panel of lenders to try and find you a remortgage to suit your circumstances.
How long will it take to get a Remortgage?
Each application is individual and therefore processing times vary, however we aim to have a formal offer of mortgage within 4-6 weeks following the receipt of your fully completed application.
For more information about an Ask Finance Remortgage, please contact our team of expert advisors on 0808 131 3304.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERM OF DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
Ask Finance Ltd is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.
Testimonials
- “We would happily deal with Ask Finance again and we would be happy to recommend Ask Finance to friends and family.”
Mr and Mrs W