5 Year Fixed Rate Remortgages
5 Year Fixed Rate Remortgages – 5 year fixed rate remortgages are remortgage solutions sought by individuals which last 5 years, on a fixed rate term. 5 year fixed rate remortgages are available from a number of lenders, and depending on your needs and requirements, suitable and affordable packages can be obtained. Individuals currently on variable, flexible or alternatively tracker rate mortgages could choose to opt for 5 year fixed rate remortgages if they believed the Bank of England Base Rate was to increase in the future. 5 year fixed rate remortgages would enable an individual to benefit from future interest rate rises by still enabling them to pay their lower fixed rate. However, fixed rate remortgages do not benefit from any rate reductions. If an individual’s fixed rate mortgage contract is due to expire, they may wish to acquire a 5 year fixed rate remortgage solution to prevent them from being reverted to a standard variable rate. 5 year fixed rate remortgages can enable individuals to have financial stability and enable them to budget as monthly repayments remain the same for a significant period of time. At Capital Fortune, we know our clients and we know our lenders. Over a number of years, we have become experts in placing our clients seeking 5 year fixed rate remortgages with the right lender at the right rate and importantly at the right time. We will speedily guide and assist clients throughout their application, advising which provider suits their needs and requirements most before completing all the paperwork required to secure their remortgage transaction. As a whole of market mortgage broker, Capital Fortune put you, the client, first. Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online . As part of our service, we will call you back.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.
There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.
The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.
Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital Fortune Ltd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.