Remortgaging your home
Remortgaging is the process of switching your existing mortgage to a new deal.
RIO Remortgage Advice Guides
Fee Free Mortgage Advice with online appointments
Retirement Interest Only Remortgage Advice Guides
Take a look at our RIO remortgage advice guides. Retirement Interest Only Remortgages (RIO Mortgages) can be really quite easy. The first, and probably most obvious time, is the end date of your existing mortgage deal. This is an ideal time to consider a RIO mortgage. By not considering a remortgage at the end of your current rate term, it’s likely you’ll end up on your lender’s Standard Variable Rate. Probably meaning your repayments will go up.
If you’re on a deal without a set end date, it can be a bit more difficult to know when’s a good time to remortgage. But, you can always call an adviser to discuss your options. If you want a video meeting with a Mortgage Broker you can book one at a time suited to you.
Changes in personal circumstances can signal when it’s time to look at a retirement interest only remortgage (RION Mortgage) House prices might have increased. You might have paid off enough of your mortgage to be able to move down a Loan to Value tier. Or you may want to borrow more money, for example for home improvements.
We also have a nice range of other help guides: RIO Mortgage Home Mover, and Rate Switching. But if you would like more information we recommend you visit the Money Advice Service.
Remortgage to save money
Probably the most common reason people remortgage is to save money. Therefore, how much can you expect to spend if you are looking to remortgage and will it be worth all the effort?
How mortgages work
It always a good idea to have an idea of what mortgages are about, how they work and things like that.
What is a Credit Score
Credit scores are usually calculated as part of the mortgage lenders automated application system
Different mortgage rates
When choosing a mortgage, you’ll need to consider different mortgage interest rates and fees you’ll be charged.
Tracker Rate Mortgage
Tracker Rate Mortgages shouldn’t be confused with other variable rate deals, such as discounted mortgage or capped mortgages.
Fixed Rate Mortgage
Whatever happens to interest rates during a fixed rate mortgage, whether they go up or down, your payments will not change.
Capped Rate Mortgages
Capped rate mortgages are rare, so if you’re going it alone, you’ll have to search well to find a selection of rates to choose from.
Different property types
When buying a property you’ll need to consider how your property choice can impact on your mortgage.
Video Mortgage Advisers
Plus you get online video advice throughout the Home Counties, likewise a mortgage adviser service via telephone, email, and live chat. The icing on the cake is, because we know you are busy, you can book your appointment anytime of the day, with availability from 8am to 8pm.
Therefore, whether you are buying your first property, moving home, remortgaging, buying to let or simply looking for some mortgage advice, we are here to help. Book an appointment and meet with a local mortgage broker.
Leave Stress Behind
Leave the stress of finding a mortgage behind. In short, let your local mortgage broker do the hard work for you.
Free Up Time
Don’t spend hours surfing the internet or on hold to your bank. Free up time for family and friends, use a mortgage broker.
Stay in Control
Make your mortgage advice appointment at a time suited to you. Pick your own appointment date and time.
