|
10 Benefits of B-to-B Email Marketing
If there is any single tool that we should be enthusiastically embracing as marketers, it is business to business email marketing. There is simply no way to match the value that business to business email marketing provides for communicating with...
10 Secrets of Sales-Driven Websites
TERMS OF REPRINT You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included and you follow these rules: *Email distribution of this article MUST be opt-in email only. *If you post...
Data Visualization Tool: Information as Fast as the Imagination
Imagine the possibilities of an interactive data visualization tool. You can go almost anywhere and see how the data visualization tool is already being used to make information more accessible and interactive for your business and for your...
Leadership Lessons: Piloting in Turbulent Times
The pace of change impacting the insurance industry has never been greater. From consolidations, mergers, and acquisitions to re-engineering profit centers, creating new product lines and calming a variety of stakeholders, managers are faced with...
Maximize Your Chances of Qualifying for a Great Mortgage Loan Deal
Most mortgage loan advertisements promise rock-bottom interest rates, low down payments, and virtually guaranteed approval within just a few days. But for many prospective homeowners, the trip from advertising promises to “sign-on-the-dotted-line”...
|
|
| |
|
|
|
|
|
|
Remortgage in a nutshell
There is a common saying that “a change is as good as a rest.” This is certainly true with some borrowers who will find that by switching to a remortgage, they can be in more benefit and can save thousands of pounds a year.
Remortgage is the replacement of the existing mortgage with the new one. It means switching an existing loan with a new one from a different lender. In this type of mortgage the client already has a mortgage, but he may wish to transfer to a different lender. So it involves ending up of a current mortgage and starting of a new mortgage with a lower interest rate. This will almost always involve switching lenders. This is often a good option, as it cuts out the need for a new valuation and searches, and as a result reduces the cost of getting a new mortgage.
There are many reasons for choosing to remortgage
They are as following:
1. You want to save money on your monthly repayments.
2. You want to raise additional capital.
3. Your personal circumstances have changed and you want to consider a different type of mortgage.
4. You want to enjoy lower and discounted interest rates.
5. You want to consolidate existing loans into one monthly payment.
6. You want to release equity on your property.
7. You can move from a variable-rate deal to a fixed rate making it easier to manage your budget.
Remortgaging will almost always involve following steps:
Step 1: Deciding which of the mortgage products will bring you the most benefit.
Step 2: Once you have decided the product, you have to decide how much you can borrow.
Step 3: At this stage it’s important that you need to borrow enough in order to repay your existing loan, including your repayment fees or any other fees your current lender may charge.
Step 4: If you are happy with the terms, you are now ready to apply for a remortgage.
Step 5: Upon receipt of your application form, the new mortgage lender
will instruct a valuer to visit your property. The type of mortgage deal you are undergoing will decide the amount of fees charged by the valuer.
Step 6: At this stage you need services of the solicitor to help you with a legal procedure.
As a potential remortgagee you also have to budget for following things:
1. Current property evaluation.- In order to remortgage a property you must have it independently assessed to establish its current market value.
2. Solicitor’s fees- Fees charged by a solicitor.
3. Loan Application fees.
4. Redemption penalty- It is penalty borrowers have to pay if they redeem their mortgage before the agreed term.
If you wish to remortgage then you may be interested in a:
1. Straight Remortgage for better rate.
2. Remortgage with capital raising.
Straight remortgage for better rate involves the knowledge of all the costs such as:
1. Setup costs.
2. Ongoing interst charges.
3. Redemption charges.
For remortgaging with capital raising you are subjected to special limits depending on how you wish to use the capital.
In truth, re-mortgaging is remarkably straight forward and 'hassle-free' process. However, if you are clear of important financial considerations and procedures required for its proper functioning, then you will be able to derive the best out of it.
If you have any other queries related to mortgage, feel free to visit this site http://www.mortgagefit.com
External Resources:
1. http://www.mortgagefit.com/remortgage.html
2. http://www.mortgagefit.com/application.html
"About the Author - Lance Williams who wrote this article is an accomplished contributing writer presently working in association with http://www.mortgagefit.com/.He is a specialist in mortgage and real estate."
|
|
|
|
|
| Finance - Leases-Leasing Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
  |
| Finance: Leases Leasing Articles from EzineArticles.com |
| http://ezinearticles.com/?cat=Finance:Leases-Leasing Free Content For Your Ezine or Website http://creativecommons.org/licenses/by-nc-nd/2.0/ Why use your ... |
| ezinearticles.com |
  |
| Leases Leasing - Money & Finance Articles |
| Leases Leasing - Money & Finance Articles. Money & Finance | Accounting & Payroll | Bankruptcy | Business & Loans | Credit Tips | Currency-Trading ... |
| www.article99.com |
  |
| Finance » Leases Leasing » Absolute Article Directory |
| Absolute Article Directory: Finance, Leases Leasing. |
| www.absolutearticle.com |
  |
| - Leases-Leasing |
| By David Springer | On January 29, 2006 | In Leases-Leasing | Rated. Short on cash, but need equipment? Consider leasing what you need. ... |
| www.articlebar.com |
  |
| Leases Leasing |
| You are here: Article Directory arrow Article Directory arrow Finance arrow Leases Leasing ... Leases Leasing. Articles ... |
| www.rumorist.com |
  |
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan ... |
| Long Term Car Rental Italy Auto Rentals Leases Leasing Rome Milan Florence One Way Paris London Frankfurt Madrid Lisbon. |
| www.ideamerge.com |
  |
| europe car rental leases leasing one way rentals long term renault ... |
| pictured is the Renault Laguna Estate, With Renault tax-free, short-term auto leasing you get the exact, brand-new vehicle you reserve, plus unlimited miles ... |
| www.ideamerge.com |
  |
| Private Fleet - Finance, Insurance, novated leases, leasing, CHP ... |
| New Car Broker Australia. Private Fleet sales discounts on your new car purchase, no haggle, no hassle saving $1000s off all new and used cars for private ... |
| www.privatefleet.com.au |
  |
| Projector Leases, Leasing Companies for LCD, DLP, LCOS projectors |
| Projector leasing programs and services. Choose a company. |
| www.projectorcentral.com |
  |
| Category: leases-leasing |
| Category... leases-leasing. Results 1 - 3 of 3. Search took 0.01 seconds. Page 1 of 1. Buy or Lease: Which Automobile Transaction is Better? ... |
| www.articler.com |
  |
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| It takes two companies to bring you the premier Corporate Property Development group in Northeast Ohio: the talents of John Dellagnese and Associates ... |
| www.dellagnese.com |
  |
| John Dellagnese & Associates: offices, officespace, lease, leases ... |
| Welcome to our Tenant Login Page. * Forgot your password or haven't received one yet? Email us tinah@dellagnese.com or call 330-668-4000 and we will reply ... |
| www.dellagnese.com |
  |
| The-Arts-Magazine.com - Leases-Leasing |
| Home arrow Article Links arrow Finance arrow Leases-Leasing. Main Menu ... Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. |
| www.the-arts-magazine.com |
  |
| OmegaMotors.com - Your Money - Leases - Leasing Overview |
| Blue Book retail & trade-in value reports on used vehicles. Kelley features prices on used cars, trucks, street and dirt bikes, ATVs, scooters, ... |
| www.omegamotors.com |
  |
| Entertainment Guide - Leases-Leasing |
| Sunday, 03 December 2006, Home arrow Article Resources arrow Finance arrow Leases-Leasing ... Mosets Tree. Leases-Leasing ... |
| www.entertainment-resource-directory.com |
  |
| - Leases-Leasing |
| Mosets Tree. Leases-Leasing. Listings. There are 0 listings in this category. spacer.png, 0 kB. spacer.png, 0 kB. download joomla modules download joomla ... |
| www.healthcare-resource-guide.com |
  |
| FINANCEDEPARTMENT.COM- Finance, Mortgages, Leases, Leasing ... |
| Finance, Mortgages, Leases, Leasing, Brokerage Houses, Mortgage Lending. |
| www.financedepartment.com |
  |
| vehicle leases leasing guide and facts |
| vehicle leases leasing guide and facts. Under the federal Consumer Leasing Act, you, the consumer, have a right to information about the costs and terms of ... |
| www.shopperfavorites.com |
  |
| - Leases-Leasing |
| spacer.png, 0 kB. spacer.png, 0 kB. Home arrow Article Resources arrow Finance arrow Leases-Leasing. Mosets Tree. Leases-Leasing ... |
| www.cars-directory-guide.com |
  |