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Remortgage
Baker Financial can help you obtain the mortgage that's right for you & your family - with access to the whole market we can tailor a mortgage illustration to your needs, requirement and budget.
Remortgage products
With access to the whole mortgage market we have access to practically every type of remortgage.
Fixed rate - Makes budgeting easier as you know exactly how much your mortgage will cost each month
Discounted rate - Get a discount on the lenders standard variable rate!
Tracker rate - These rates track the Bank of England base rate
LIBOR rate - This is the London Inter-Bank Offered Rate is the the rate of interest most specialist and none conforming lenders use instead of the Bank of England base rate.
- Whole of Market Brokers - high street and adverse re mortgage lenders
- Bad Credit Remortgage's - even if you have CCJ's, defaults etc
- Debt Consolidation
- Credit Repair Remortgage - clean up your credit rating
- Access to some of the best deals and rates in the UK
Interest Only Remortgage
An interest only remortgage will ensure your monthly repayments are kept to a minimum as you will only repay the interest and no capital - for this reason they are often used for buy to let properties and people going through a credit repair exercise.
Its important to note that as no capital is being repaid, if the mortgage is not switched to a capital repayment mortgage or no other repayment vehicle has been arranged the full balance of the mortgage will be due at the end of the mortgage term - people repairing their credit will tend only to stay on interest only for a couple of years to help keep payments down initially and then switch onto a capital repayment mortgage when they are eligible for better credit terms.
Capital Repayment Re-mortgage
A capital repayment remortgage simply means that each time you make a monthly payment some of the money goes towards paying the interest and some towards reducing the capital owed on the mortgage loan. They are typically the safest mortgages to ensure the loan is repaid at the end of the mortgage term and are the preferred mortgage type for most borrowers
Whatever your requirements - if you need a specialist mortgage or simply want the best deal you can either contact us on 0845 094 2331 or complete the form above and we will call you back as soon as possible.
