Mortgage Review
Censeo are committed to a long-term financial relationship with you. As part of our award-winning service, we are there to ensure your mortgage meets your needs and goals and this can only be achieved by regular mortgage reviews.
Once you have taken out a mortgage with Censeo we will carry out regular reviews to ensure the mortgage and any financial products we have arranged are fit for purpose.
During a review the advisor will look at the following:
- When your current mortgage deal comes to an end – to ensure you do not pay more than required
- Current Interest rates– because this will affect how competitive your current deal is
- Ability to purchase more shares where property is purchased via Shared Ownership or Help to Buy
- Assess current protection or discuss requirements where no protection is in place
If you do nothing when rates change or your mortgage deal ends, you might lose out to many better deals that are available in the market and pay more than required on your mortgage.
Re-Mortgage
Re-mortgaging is the process of switching your existing mortgage to a new mortgage product, usually for a better interest rate, using the same property as security. You can re-mortgage with the same lender or a different provider – you’re not moving home, and your new mortgage will still be secured against your existing property.
You may possibly have come to the end of your fixed rate term, or you may be on a higher interest rate and the mortgage rates have reduced and want to consider your options. We are here to help.
A re-mortgage could help you:
- save money on your monthly mortgage payments
- reduce the term of your mortgage for a similar payment
- buy more shares in your home (staircase)
- allow you to borrow some money for home improvements (although this will need your landlord’s approval). Your landlord is unlikely to approve debt consolidation.
Censeo are committed to a long-term financial relationship with you. As part of our award-winning service, we are there to ensure your mortgage meets your needs and goals and this can only be achieved by regular mortgage reviews.
Once you have taken out a mortgage with Censeo we will carry out regular reviews to ensure the mortgage and any financial products we have arranged are fit for purpose.
During a review the advisor will look at the following:
- When your current mortgage deal comes to an end – to ensure you do not pay more than required
- Current Interest rates– because this will affect how competitive your current deal is
- Ability to purchase more shares where property is purchased via Shared Ownership or Help to Buy
- Assess current protection or discuss requirements where no protection is in place
If you do nothing when rates change or your mortgage deal ends, you might lose out to many better deals that are available in the market and pay more than required on your mortgage.
Re-Mortgage
Re-mortgaging is the process of switching your existing mortgage to a new mortgage product, usually for a better interest rate, using the same property as security. You can re-mortgage with the same lender or a different provider – you’re not moving home, and your new mortgage will still be secured against your existing property.
You may possibly have come to the end of your fixed rate term, or you may be on a higher interest rate and the mortgage rates have reduced and want to consider your options. We are here to help.
A re-mortgage could help you:
- save money on your monthly mortgage payments
- reduce the term of your mortgage for a similar payment
- buy more shares in your home (staircase)
- allow you to borrow some money for home improvements (although this will need your landlord’s approval). Your landlord is unlikely to approve debt consolidation.
