Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
A remortgage in Essex involves switching your existing mortgage deal to a new one, either with your current lender or a different lender.
This process can be beneficial if you’re looking to get a better interest rate, consolidate debt, or release equity for home improvements.
Opting for a remortgage in Essex before your current fixed-rated expires could save you money in the long-run.
To remortgage in Essex, you’ll first need to assess your current mortgage situation and decide your financial goals. Then, you will need to find a new deal to switch over to.
This is where we come in. As experienced mortgage brokers in Essex, we’ll handle the legwork for you, searching through 1000s of remortgage deals to find the most suitable one for your needs.
From there, we’ll guide you through the application process, making it as smooth and straightforward as possible.
Our remortgage review in Essex is designed to provide you with a comprehensive overview of your remortgage options.
During this review, a mortgage advisor in Essex will assess your current mortgage, finances, and future goals to recommend suitable options.
Whether you want to secure a better rate, release equity, or shorten your mortgage term, this free service helps you make informed decisions about your mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
The best time to remortgage in Essex typically depends on your current mortgage deal and financial goals.
Many homeowners start the remortgage process 3-6 months before their current fixed rate or tracker period ends to avoid switching to a lender’s Standard Variable Rate (SVR), which is often higher.
By planning ahead, you can lock in a new rate and avoid paying unnecessary interest, especially if rates in the market are rising.
If you are thinking of remortgaging early, make sure to get mortgage advice in Essex first. Not only could it save you money, you may be able to find a better deal better suited to your personal and financial situation.
Yes, remortgaging to release equity in Essex can allow you to access the cash built up in your property.
Many homeowners use this option to fund home improvements, pay off debts, or make large purchases.
When you remortgage to release equity in Essex, you essentially take out a new mortgage for a higher amount than your existing loan.
It’s important to ensure you can afford the new payments, as increasing your mortgage balance will impact your monthly budget.
The costs of remortgaging in Essex are often similar to those you faced when you first took out your mortgage
A mortgage broker in Essex like us will go over all these expenses with you, ensuring you understand each one.
These costs will be factored in when comparing the potential savings of a new mortgage deal to your existing one.
The amount you can borrow when remortgaging in Essex depends on several factors, including the equity in your property, your income, and your credit score.
Lenders will perform an affordability assessment, taking into account your monthly outgoings and other financial commitments.
A mortgage broker in Essex like us can help you work out how much you might be able to borrow and compare deals that match your situation.
You can remortgage early in Essex, but there might be penalties if you do so before your current mortgage deal ends.
Most fixed-rate and tracker mortgages come with early repayment charges (ERCs) if you leave the deal within the initial period.
It’s essential to check your current mortgage terms to see if these charges apply.
One of our mortgage advisors in Essex can help calculate whether the savings from a new deal outweigh any potential fees.
Our Customers Love Us
5.00 Rating5 Reviews
Evan
Couldn’t be happier with the service from Jason and Stacey. Very professional and so helpful. Highly recommend this company. Thanks for everything
1 month ago
Richard
Very good service and excellent communication - definitely recommended
1 year ago
Shane
I cannot praise this team enough, they have been amazing. Especially Tom who went above and beyond to sort out my really complex mortgage and get me a deal which meant I could move to my new house. I would thoroughly recommend Essexmoneyman, they...
2 years ago
Shane
I cannot praise this team enough, they have been amazing. Especially Tom who went above and beyond to sort out my really complex mortgage and get me a deal which meant I could move to my new house. I would thoroughly recommend Essexmoneyman, they...
5 years ago
Imogen
We shopped around trying to find the most suitable deal, should have come straight to Essexmoneyman, Nathan and Laura found me a perfect mortgage. When we had picked our product, they were speedy in ensuring they processed our applications quickly...
2 years ago
Imogen
We shopped around trying to find the best deal, should have come straight to Essexmoneyman, Nathan and Laura found me a perfect mortgage. When we had picked our product, they were speedy in ensuring they processed our applications quickly and taking...
5 years ago
Jim
Matt and anna made the whole process super easy during the pandemic. as first time buyers we were worried but they made sure we were able to enjoy our first home together. thank you !!
2 years ago
Jim
Matt and anna made the whole process super easy during the pandemic. as first time buyers we were worried but they made sure we were able to enjoy our first home together. thank you !!
5 years ago
Our process begins with a remortgage review, where we assess your current mortgage and financial situation.
During this review, we will discuss your goals, whether it’s finding a better rate, consolidating debts, or releasing equity, we can help you decide the best path forward.
Once we have a clear picture of your needs, we search through 1000s of remortgage deals from a wide range of lenders.
Our access to an extensive network allows us to find the most competitive rates tailored to your circumstances.
After selecting your ideal remortgage deal, we’ll handle the application process on your behalf.
Our team will manage the paperwork, liaise with the lender, and keep you updated every step of the way. We aim to make the remortgage process as smooth and hassle-free as possible, so you can focus on your future plans.
Once your remortgage application is approved, the final step is completion. At this point, your new lender will pay off your existing mortgage, and you will move onto your new deal.
We’ll be here to answer any questions and ensure everything transitions seamlessly.
We offer a free initial mortgage review to help you understand your remortgaging options.
Our expert mortgage advisors in Essex will take the time to assess your current mortgage, financial situation, and future plans.
This personalised review allows us to explore how you could save money, release equity or find a more suitable deal.
With access to 1000s of remortgage deals from a wide panel of lenders, we aim to find you the most competitive deal tailored to your circumstances.
Whether you’re looking to reduce your monthly payments, consolidate debts, or access extra funds, we’ll find the right deal for your needs.
Our service is built on making the remortgage process simple and stress-free.
From the initial review to the final completion, we handle everything on your behalf, keeping you informed at each stage.
With our friendly and professional approach, you can trust that we’re always working to secure the most suitable outcome for you.
We understand that your time is valuable, which is why we’re here for you 7 days a week.
Whether you need to speak to us in the evening or over the weekend, we’re here to accommodate your schedule and ensure you get the advice you need, when you need it.
If your current mortgage deal is coming to an end, or you’re stuck on your lender’s standard variable rate (SVR), it might be time to remortgage to find a better deal in Essex.
By switching to a more competitive rate, you could lower your monthly payments and save a significant amount of money over the mortgage term.
Our mortgage advisors in Essex will search through 1000s of remortgage deals to ensure you secure the most favourable rate for your situation.
If you’re planning to renovate your home, a remortgage for home improvements in Essex could provide the funds you need.
By releasing some of the equity built up in your property, you can finance projects like a new kitchen, an extension, or a loft conversion.
Investing in home improvements can not only enhance your living space but also potentially increase the property’s overall value.
For homeowners juggling multiple debts, remortgaging to consolidate debts in Essex can simplify your finances.
By combining your debts into a single, more manageable monthly payment, you might find it easier to keep on top of your finances.
This option could lower your overall monthly outgoings, but it’s essential to consider the implications of securing short-term debts against your home.
If you’ve built up equity in your property, remortgaging to release equity in Essex can be a way to access these funds.
This could be used for a variety of purposes, such as funding a child’s education, helping family members with a deposit, or making a significant purchase.
We’ll assess your situation and help you understand how much equity you could release, ensuring it fits within your long-term financial goals.
Life changes, such as divorce or separation, can require one person to take over the mortgage. Remortgaging to remove a name from the mortgage in Essex is a common solution.
We’ll help guide you through the process, ensuring you meet the lender’s affordability criteria and that all necessary legal aspects are addressed.
This way, you can move forward with a mortgage that accurately reflects your new circumstances.
Read our 5 Reviews
Essexmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Essexmoneyman 2025.
Contact
Follow Us
Essexmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Essexmoneyman 2025.
Speak to an Advisor
7 Days a Week, 8am – 10pm
