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Remortgaging with Afin
Looking to remortgage? Find out how remortgaging with Afin works, explore eligibility, and compare options today.
Your mortgage is secured against your home, which means your property may be repossessed if you fail to keep up with your mortgage payments.
Remortgaging usually involves switching your mortgage often to have an improved rate or borrow more money.
Whether you want to free up some equity and borrow for almost any purpose, or save money on a new deal, we’ve made the remortgaging process easier than ever.
Why choose to remortgage?
Remortgages are a popular option that could give you more control over your finances. You might decide to remortgage because:
You want to use equity for home improvements or to help with finances
Your current fixed rate deal is about to expire, and you want to save money on a new mortgage deal
Your circumstances have changed since your last mortgage application
Understanding remortgaging
Your eligibility to remortgage, depends on a few factors including affordability, loan-to-value* and mortgage type.
Fixed rate mortgages
Your interest rate is fixed for the initial period of the mortgage deal. This means your payments won’t go up or down during this time. This gives you certainty to support monthly budgeting in the fixed period.
Tracker mortgages
Your interest rate is a variable rate that tracks or follows the Bank of England base rate. This means your payments could increase or decrease, however there are no early repayment charges should you wish to change your mortgage or make overpayments.
Your mortgage is secured against your home, which means your property may be repossessed if you fail to keep up
with your mortgage payments.
*Loan-to-value (LTV) is the ratio of your mortgage loan to the value of your property, expressed as a percentage.
The lower your LTV, the better your mortgage rate might be.
Mortgage calculator
Curious about how much you might be able to borrow? By sharing a few details about your income and expenses, we can:
Give you a handy estimate of how much you could borrow.
Show you the home loan options we have available
Help you get a feel for what your monthly repayments might look like.
Let’s make it easier to plan your next step!
How to apply for a mortgage with Afin
To apply for a mortgage with us, follow these simple steps:
Arrange a chat with a mortgage advisor
To apply for a mortgage with us, simply use our
appointment booker to book a chat with one of our mortgage advisors.
We’re just a call away
Or, if you’d prefer, give us a call and one of our experienced mortgage advisers will be delighted to assist you.
