Remortgage to Raise a Deposit?

With the increasing likelihood of further interest rate hikes, many property investors are looking at ways to raise money quickly and at the lowest possible rates. 

There are a number of ways to raise a deposit in order to fund your next home or investment purchase. But one of the most popular ways is by carrying out a remortgage on your current property. 

If your existing property benefits from positive equity a simple remortgage might allow you to release tens of thousands of pounds, freeing up cash to use for new property investments. 

We must again stress the importance of reviewing your current mortgage, particularly if you are on a standard variable rate or have a fixed deal coming to an end within 6 months. 

Whilst interest rates are still relatively low this is a good time to arrange a call to discuss your circumstances and assess the options available to you, our award-winning brokers are available to review your entire portfolio.

If you would like to discuss options available to you, speak to a member of the team or our senior broker, Danny O’Keeffe on 0208 364 3444 alternatively schedule a call back by clicking on the link below.

Zoopla & Halifax expect the rate of house price growth to slow

Zoopla and Halifax house price reports reveal a similar outlook: the rate of house price growth is expected to slow, but neither anticipates a decline in prices. As such, the market is highly unlikely to ‘crash’, but more probable, is a slow return to a steady pace. Industry experts predict that in the short term, supply-demand imbalances will continue to be the reason house prices are rising so sharply.

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