It is always recommended that you see what other deals are out there when looking at a product switch with your current lender or a remortgage elsewhere. Using a mortgage broker is recommended as they can search a comprehensive range and let you know if better deals are available. If your current lender is offering the best deal, your broker will be able to tell you this. A mortgage broker can give you impartial advice, which your current lender will not do as they want you to take out a product with them and not a competitor.
At Your Space Mortgages Bristol, we can help you with your product transfer/switch. The benefits of working with us include:
- We will recommend the right product with your existing lender based on your needs
- We can complete the entire switching process for you
- We will not charge any broker fees for product transfers/switches
- Pre-agreed with no underwriting (if you don’t change the term of your mortgage)
- Automated valuation or use existing valuation
- No legal costs
- Quick way to secure a new deal on your mortgage
- You can fix your mortgage product up to four months before your existing deal finished
- If your income has reduced, you can still move to a new mortgage product
The number of products available on the market is vast, and it can be complicated and overwhelming to find out the product that is best for you and your needs. At Your Space Mortgages Bristol, we use our expertise and knowledge of the market to give you the best advice, to make sure you have a product that suits you.