Capital Raising Mortgage Advice in Derby

Fast & Friendly Remortgage Advice in Derby

If you have any amount of equity currently in your property and are looking at your options for potentially Capital Raising, then a Remortgage in Derby could be something you can feel the benefit of.

We often see that mortgage lenders, for the most part, will allow customers to borrow up to 90% of the value of the property.

Below are a handful of examples of how a Capital Raising mortgage can be used by people currently owning a home in Derby:

• To fund any possible home improvements like a home extension or loft conversion.
• To consolidate any debts they have accrued over time (definitely speak to a specialist advisor in Derby before doing this, it should not be done on a whim).
• So that they can help their children find their footing on the property ladder.
• As a means of purchasing a second home/property in their portfolio.
• To fund a large purchase such as a car or holiday.

Will a Capital Raising mortgage benefit me?

Taking out a Capital Raising mortgage may be a way for you to potentially ward off any financial issues sooner rather than later.

Whilst having lower interest rates and increasing the amount you borrow for your mortgage may mean paying more monthly, this sort of route may prove more financially viable than taking out any unsecured loans.

Again though, this likely means more being added to your monthly mortgage repayments, for much longer than you originally signed up for, and you may also have to pay an Early Repayment Charge (ERC) as you’ll technically be changing your mortgage.

Saving your Time, Saving your Money – Mortgage Broker in Derby

As a Mortgage Broker in Derby with a wealth of knowledge and experience under our belt, we have a rich history of helping all kinds of customers with their mortgage needs, especially those who are reaching the end of their term and are looking to Remortgage in Derby.

A member of our dedicated team will give you expert mortgage advice on the right path for you to take. If Capital Raising is right for you, your advisor will move forward with that plan.

If they believe that it isn’t right for you, they will advise otherwise and discuss how else you can achieve your goals.

If you are in need of any help to find you the best capital raising mortgage deal for your current personal and financial situation, please feel free to contact us and get yourself booked in for a free mortgage appointment.

You’ll get roughly 45 minutes with a mortgage advisor in Derby who will discuss your requirements and look at how best to proceed.

For any homeowners who are maybe past the age of 55, it may be more appropriate for you to look at Equity Release in Derby.