Good news at Magic we are able to offer you the best mortgage deals from all the major UK lenders in the market place today. So whether you are looking to remortgage or are taking out a mortgage for the first time, one of Magic's friendly advisors will be able to help.
A remortgage is when you change your mortgage taking into account any increase in the value of your home. The cash you release from the property can then be used to clear any unsecured debts like credit cards and hire purchase agreements, or for you to secure a property of a higher value.
- One Reduced Monthly Payment - By clearing all your unsecured debts and including their balances in with the new mortgage you will be left with just one reduced monthly payment.
- Reduced Interest Rate - Debt secured against your home means you will not have to pay the extortionate interest rates charged by credit card and hire purchase companies. The mortgage will attract a much lower rate of interest than unsecured loans.
- Flexibility - You can set your payments for fixed terms. This gives you the ability to plan you and your family's future.
- Improved Credit Rating - As long as you maintain your mortgage payments, your credit rating will improve.
