Remortgages

Many people re-mortgage their homes either to get a better rate or to raise more funds on favourable terms from a competitor. This could involve raising further funds for any legal purpose e.g. extensions, family wedding, adding or removing someone from the mortgage and even to buy an investment property. Some lenders will even consider lending for business purposes or debt consolidation.

Advice from an award winning & industry respected adviser
All paperwork & jargon explained & handled for you

Guidance & support till completion & beyond

Get in touch

We offer a wide range of mortgage options for your remortgage.

The mortgage market is ever evolving where new rates, schemes and criteria changes are a daily occurrence in this fast-paced field. Our job is to keep pace with the changes and provide you with accurate and relevant advice based on your circumstances and what’s right for you. We pride ourselves in quickly identifying solutions to your needs and providing a personal service.

  • Mortgages up to 90%
  • Up to 6 times gross income for certain professions.
  • Joint Borrower Sole Proprietor options available
  • Terms can be selected according to age and income
  • Minor adverse credit history acceptable subject to credit score
  • Lending beyond retirement age is possible.

Why choose us?

These are just a few reasons why you should choose Chess Mortgages for your remortgage.

Experienced advisors

We’ve been advising clients on mortgages for over 40 years.

We move fast

No need to wait; we respond & process applications quickly.

Whole of market

We scour UK lenders, private banks & offshore lenders for deals.

What you need to know…

Do you charge a fee?

The navigation design should communicate the relationship between the links it contains so that users understand the options they have for navigating the site.

Do you offer mortgage protection?

The navigation design should communicate the relationship between the links it contains so that users understand the options they have for navigating the site.

What is a re-mortgage?

The navigation design should communicate the relationship between the links it contains so that users understand the options they have for navigating the site.

Do re-mortgage clients get good rates?

Yes, quite often lenders are keen to attract experienced mortgage payers with good amounts of equity and often give better rates. It’s a very competitive marketplace and a good adviser can source the most ideal lender for your circumstances.

Can I extend my mortgage term?

Yes. Subject to your circumstances you may be able to extend your mortgage term. If you are borrowing beyond your state retirement age or your employers retirement age then you must ensure you can afford to pay the mortgage till the end of the term. You can also shorten your term if you can afford the higher repayments or leave the term long and overpay the mortgage by making lump sum reductions in accordance with the mortgage terms and limits.

Can I now get a lifetime mortgage?

Yes. As above this may be an option you may want to consider. For elderly and vulnerable borrowers lenders take great care to ensure the correct decision is being made and that mortgage payments will be made without undue difficulty or stress.

Can I get a Retirement Interest Only Mortgage?

Yes. Subject to affordability you may be eligible for a mortgage where you pay just the interest for as long as you live.

Can parents provide assistance?

The navigation design should communicate the relationship between the links it contains so that users understand the options they have for navigating the site.

I have Loans and credit commitments – will it affect my mortgage eligibility?

Yes. Indeed all loans and credit commitments have to be declared at outset. The payments to these commitments will be factored in when calculating maximum loan eligibility. It’s often best to eliminate all debt to avail maximum loans. Some lenders lend more than others for the same income so we have software that interrogates all the lenders for a maximum loan figure and we match you to the most suitable lender for your circumstances.

I have some missed and late payments showing on my credit file. Can I still get a mortgage?

Lenders are very understanding these days. As long as the entries are historic or have been cleared/dealt with lenders will look to lend albeit the rates will reflect the level of adverse history. You must monitor your credit score and learn how to keep it rising. CLICK HERE to access your credit file so we can see it.

Can I call you to get some advice even if I don’t use you for your mortgage service?

Yes. We like to help where we can and for any informal pointers simply email us on sales@chessmortgages.co.uk and we will reply as soon as possible.

What our clients say…

"Excellent service and I would highly recommend to others"

Had the pleasure of instructing Chess Mortgages. Jaz was incredibly professional and impressive in her handling of my remortgage application. My application was dealt with within a week! Excellent service and I would highly recommend Jaz to others. Thank you Jaz!

Shaida Hussein

"Award winning mortgage advisors & I can see why"

Bob stepped in at very notice to assist us when we were in danger of missing out on our perfect home. We were impressed with advice we'd seen Bob provide on a forum, which was clear and sensible. It was later we found out that Chess are award winning mortgage advisors and I can see why.

Iftikhar Ahmad

"Chess was by far the best decision we made in looking for a mortgage"

I can't thank Jaz and Bob enough for their efforts in helping my wife and I in secure a mortgage. The process was effortless and they took weight off our shoulders. Having gone through getting a mortgage a number of times, I can safely say using Chess was by far the best decision we made. I will be using them again.

Shamit Rooproy

thin

Get in touch

Speak to an adviser today via a free, no obligation consultation.