When you are looking to re-mortgage it might save you time and money to go through a re-mortgage advisor. Re-mortgage advisors are trained staff who are able to offer you advice and assistance in order for you to find the best re-mortgage for you.

If your current mortgage deal has come to an end, you can arrange to switch lenders through a re-mortgage advisor who will be able to find you a new deal that is right for you. Or, you can re-mortgage to raise extra funds to enable you to complete and extension on your home or maybe even buy a new car.

If you are going through the re-mortgage process, you will already have had prior experience of the mortgage procedures. This can be a confusing time and when re-mortgaging it can sometimes pay off to go through an expert for advice.

A re-mortgage advisor will not only be able to offer you independent mortgage advice, they will also be able to arrange the re-mortgage for you. This saves you time as you won’t have to shop around for a deal that you think is good and discover that you made the wrong choice.When considering re-mortgaging, your next step should be to think about whether you need to raise extra capital by releasing more equity in your property. This can be done by re-mortgaging for a larger amount than the existing balance of your mortgage. Your existing property will need to be valued by your new lender to assess its value. The lender will then be able to assess how much they are willing to loan to you in comparison to how much you are able to afford to repay on a monthly basis.