Remortgage

It is not always necessary to enter a debt management plan or formal agreement in order to regain control of your finances. In some cases, a remortgage is all it takes to consolidate your existing debts.

A remortgage could allow you to find a better deal with lower interest rates and monthly repayments thus freeing up some cash. By remortgaging your house, you can switch to a fixed rate or other type of special mortgage.

Although a remortgage may help you find a better deal, you might have to pay incurred charges in order to get out of your existing mortgage.

How can Debt Release Direct help?

• You will receive a friendly, personal service tailored to your individual needs.
• Debt Release Direct Limited do not advise on mortgages or remortgages. They are arranged by an in house mortgage and insurance broker, Release Money Limited.

Types of Remortgages

Bad Credit remortgage

Remortgages are available to most people with good and bad credit history though if you do have a bad credit history there may be fewer options available to you.

A bad credit remortgage could help reduce debt gradually by letting you take out a new mortgage at a better rate than your current one. By completing your remortgage you could actually improve your credit rating.

Getting a bad credit remortgage can be a lengthy and arduous process as there are many lenders on the market offering different bad credit remortgage deals. Using a professional company with experience in the remortgage field could save you a lot of time and stress.

Buy to Let Mortgages

Landlords that have been in the buy to let market for a long time may not realise that there are many more lenders and buy to let remortgages available on the market.

A buy to let remortgage could help you save money and with so many buy to let remortgage deals available, it is likely there is a better one out there for you.

When applying for a remortgage, it is necessary to take into account that some remortgage deals could incur charges. There are however, remortgage deals that include free legal charges.

To make Debt Release Direct work for you, please call one of our friendly, professional advisors on 0800 019 7465 today, or fill in our online contact form for a free call back.