Remortgaging is an excellent way to save money, release equity, or secure a better mortgage deal that suits your changing financial circumstances. Whether your current mortgage deal is coming to an end, you want to consolidate debts, or you’re looking to fund home improvements, finding the right remortgage is crucial.
At CRC Mortgages, we specialise in providing remortgaging advice in Liverpool, helping homeowners compare the most competitive deals available. With access to a wide range of lenders, including exclusive remortgage products not found on the high street, we help you get the most suitable possible mortgage solution tailored to your needs.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Why Consider a Remortgage in Liverpool?
There are many reasons why homeowners choose to remortgage:
Lower Interest Rates & Reduced Monthly Payments – Many people remortgage to switch to a better deal, potentially lowering their repayments and saving thousands over the mortgage term.
Remortgaging for Home Improvements in Liverpool – Need funds for renovations, an extension, or major upgrades? A remortgage can provide the financial boost needed to improve your property.
Remortgage to Release Equity in Liverpool – If your home has increased in value, you may be able to unlock some of that equity to fund large expenses, such as investments, education fees, or major life events.
Switching from a Variable to a Fixed Rate – If you’re on a variable-rate mortgage, you might want to secure a fixed-rate remortgage to protect against future interest rate rises.
Debt Consolidation – Remortgaging can help homeowners consolidate debts into a single, more manageable monthly repayment.
Get Expert Remortgaging Advice in Liverpool Today
If you’re considering remortgaging in Liverpool, our team at CRC Mortgages is here to help. Whether you’re looking for better rates, releasing equity, or funding home improvements, we’ll help you find the most suitable remortgage for your needs.
Phone: 0151 257 5330
Email: info@crcmortgages.co.uk
Your home may be repossessed if you do not keep up repayments on your mortgage.
Remortgaging in Liverpool
Tracking down the suitable remortgage deals and understanding the different options available can be time-consuming and complex. That’s where we come in. At CRC Mortgages, our experienced mortgage advisors in Liverpool handle everything for you, from comparing deals to working with lenders and legal teams.
Our step-by-step process helps you achieve a smooth and simple remortgaging experience:
Initial Consultation – We assess your current mortgage and financial goals to determine whether remortgaging is the right option for you.
Searching the Market – With access to a wide panel of lenders, we compare thousands of deals to find the most suitable remortgage product.
Providing Expert Remortgage Advice – We talk you through your options, explaining the benefits and costs so you can make an informed decision.
Application & Approval – Once you decide on a remortgage deal, we handle the application process, ensuring everything is submitted correctly.
Finalising Your New Mortgage – We liaise with lenders and solicitors (if required) to complete the remortgage process efficiently, keeping you updated at every stage.
At CRC Mortgages, we understand that remortgaging is a big financial decision, and finding the right deal can make a significant difference to your monthly payments and long-term financial health. That’s why we take the time to provide personalised, expert remortgaging advice in Liverpool, ensuring you get a solution that truly works for you.
What sets us apart is our independent access to a vast range of lenders, giving you more options than you would find by going directly to a high street bank. Instead of being limited to a handful of mortgage products, we compare thousands of deals, including exclusive offers that aren’t available to the general public. Whether you’re looking to lower your monthly payments, release equity for home improvements, or consolidate debts, we’ll help you find a remortgage deal that suits your circumstances.
Customer service is at the heart of everything we do. Our team of Liverpool remortgaging brokers is committed to making the process as simple as possible. From the moment you contact us, we handle everything, from searching for the most appropriate mortgage rates to managing the paperwork and working with your lender and legal team. Our clients consistently praise us on Facebook, Trustpilot, and Google Reviews for our clear communication, honest advice, and dedication to getting the right results.
We don’t just help you find you a mortgage – we guide you through the entire journey. Our advisors take the time to explain all your options in plain, simple terms, ensuring you understand the benefits and costs of remortgaging before making a decision. We work around your schedule, offering flexible appointments to suit your needs. Even after your remortgage is complete, we stay in touch to help you remain on the most appropriate possible deal in the future.
If you’re considering a remortgage in Liverpool, let CRC Mortgages help you secure the most suitable possible outcome. With our expertise, market access, and commitment to outstanding customer service, we’re the trusted choice for homeowners looking to remortgage with confidence.
Many people decided to remortage for multiple reasons, be it home improvements or debt consolidation. At CRC Mortgages, we’re on hand to make the whole remortgaging process as simple and stressless as possible. So, whether you’re picking out a new bathroom or consolidating old debts, our advisors are here to help.
Home Improvements
Home improvements are one of the most popular reasons for remortgaging, growing in popularity as people look to raise the value of their homes.
Be it a new bathroom, kitchen or loft conversion, should your improvements add value to your property, then remortgaging could be an ideal avenue to pursue.
At CRC Mortgages, we are here to help make your home improvements a reality; aiming to make the entire process as easy as possible, we work with your inner circle throughout every step of your remortgaging journey.
Debt Consolidation
Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing any other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
If you’re struggling to keep up with debt repayments, then it may be worth considering consolidating your debts into one, more manageable payment.
If you’ve got debts in multiple places, credit cards and loans spread across various lenders, then a debt consolidation loan could help bring everything together and even save you money.
At CRC, we want to help you manage your finances and support you in your decision making. So, if that means helping you consolidate your debt into one, more affordable payment, then our advisors are here to assist you.
A remortgage is when you switch your existing mortgage to a new deal, either with your current lender or a different one. It’s often done to secure a better interest rate, reduce monthly payments, release equity, or consolidate debt, helping homeowners improve their financial situation or fund major expenses.
Remortgaging is the process of switching your existing mortgage to a new deal, either with your current lender or a different one. It allows homeowners to secure a better interest rate, reduce monthly payments, release equity, or change their mortgage terms to better suit their financial situation.
The process begins by assessing your current mortgage deal and determining whether switching could save you money or provide additional financial benefits. If you’re on a fixed-term mortgage that’s coming to an end, remortgaging can prevent you from moving onto your lender’s standard variable rate, which is often more expensive. A mortgage broker in Liverpool, like CRC Mortgages, can help compare deals from different lenders to find the most competitive option for you.
Once you’ve chosen a new mortgage, the application process is similar to applying for a first mortgage. The lender will carry out affordability checks, a credit assessment, and a property valuation to ensure the new mortgage is suitable. If approved, your new mortgage replaces the existing one, and your payments move to the new lender under the agreed terms. The entire process typically takes four to eight weeks, depending on your lender and individual circumstances.
If you’re looking for remortgaging advice in Liverpool, our team at CRC Mortgages can guide you through the process, ensuring you get the most suitable deal with minimal hassle.
Yes, you can remortgage early, but you may face early repayment charges (ERCs) and exit fees if you leave your current deal before the fixed term ends. It’s important to compare potential savings with any penalties. Our remortgaging advisors can help assess if early remortgaging is financially beneficial.
To remortgage, start by reviewing your current mortgage deal, checking for early repayment charges and understanding your financial goals.Â
Next, compare new mortgage offers from different lenders to find a better interest rate, lower payments, or release equity. A mortgage broker can help with this process.Â
Once you choose a deal, submit an application with required documents like income proof and bank statements. The lender will conduct affordability checks and a property valuation. If approved, your new mortgage replaces the old one, and payments switch to the new lender. The process typically takes four to eight weeks.
The remortgaging process typically takes four to eight weeks, depending on the lender, your financial situation, and whether legal work is required. If switching to a new lender, expect credit checks, property valuations, and affordability assessments. Using a mortgage broker can help speed up the process and find a good deal.
Whether you need a solicitor to remortgage depends on your situation. If you’re staying with the same lender (a product transfer), legal work is usually not required. However, if you’re switching to a new lender, a solicitor is needed to handle the legal aspects, such as transferring the mortgage and updating property records.Fensu
At CRC Mortgages, our mortgage brokers work with trusted solicitors to make the remortgaging process smooth and fast. We help with all legal requirements efficiently, helping you secure your new mortgage with minimal hassle. Many lenders also offer free legal services as part of their remortgage deals.
If your house value has increased, remortgaging can allow you to release equity and access better mortgage rates. A higher property value may improve your loan-to-value (LTV) ratio, making you eligible for lower interest rates. Our mortgage brokers can help you find the deals based on your new home valuation.
You should consider remortgaging when your current mortgage deal is ending, to avoid moving onto a higher standard variable rate (SVR). This process can be started 6 months before your deal is due to expire, baring in mind the process can take 4 – 8 weeks
It’s also a good time if you want to secure a better interest rate, release equity, consolidate debt, or switch to a fixed-rate mortgage. Our mortgage brokers can help assess your options.
You can typically remortgage up to six months before your fixed rate ends without paying early repayment charges. Many lenders allow you to secure a new deal in advance, ensuring a smooth transition once your current deal expires. Our mortgage broker can help you find remortgage options.
Yes, you can remortgage with bad credit, but your options may be more limited. Specialist lenders offer remortgage deals for those with poor credit histories, though interest rates may be higher. Our mortgage brokers can help you find lenders who consider credit issues, late payments, or defaults, improving your chances of approval.
Remortgaging to release equity allows you to borrow more against your home’s increased value, giving you access to a lump sum of cash. Your lender will assess your property’s current market value and your financial situation to determine how much you can release.Â
This can be used for home improvements, debt consolidation, or other major expenses. The new mortgage replaces your existing one, often at a higher loan amount. A mortgage broker can help you find a suitable remortgage deal to release equity while keeping repayments affordable.
The amount you can remortgage your house for depends on your property value, outstanding mortgage balance, income, and lender criteria. Most lenders allow you to borrow up to 80-90% of your home’s value, though this varies based on your credit history and affordability checks.Â
If you’re looking to release equity, the amount will depend on how much your home has increased in value. Our mortgage brokers can help assess your options and find a good remortgage deal for your needs.
Yes, if you own your house outright, you can still remortgage by taking out a mortgage against your property’s value. This is known as an unencumbered remortgage, and it allows you to release equity for home improvements, investments, or other financial needs. Lenders will assess your income, credit history, and affordability before approving the loan.