Frequently Asked Questions About Mortgages

Our partnered mortgage brokers provide expert mortgage advice on all aspects of Help to Buy. Whether you are buying for the first time, looking to move home, or looking for a re-mortgage quote to repay your Help to Buy Loan, we can assist in finding the right solution to suit you.

Our partnered mortgage brokers provide advice on all types of re-mortgages. Whether you are re-mortgaging your own home to raise finance for any purpose or, re-mortgaging an investment property to release capital, we can help.

Our partnered mortgage brokers also help clients who simply wish to switch their existing mortgage deal onto a better rate. Their product transfer service is free, quick, and straight forward due to their experience and access to mortgage sourcing tools.

Our Property Consultants at The Property Portal will recommend, to our clients, to seek independent mortgage advice from a reputable mortgage broker. A broker that can research the whole market, provide advice, and recommend products to suit their personal situation.

The Property Portal can put you in touch with our partnered mortgage brokers who will offer free advice on all types of mortgages. Our partnered brokers are an established independent Mortgage Broker with expert knowledge of the mortgage market with an enviable reputation for service. Our partnered mortgage brokers provide support from start to finish and The Property Portal are happy to recommend their services to ensure our clients get a great deal.

Remortgaging generally refers to the process of moving the mortgage you have on your existing property to a different mortgage with the same lender, or to a different lender entirely.

Remortgaging when done for the right reasons can be highly beneficial, but every individual's circumstances and reasons for wanting to remortgage are unique.

Some of the main disadvantages of remortgaging relate to:

Changes in the term of your mortgage which if extended, could lead to you repaying more interest in the long term
Changes to your mortgage interest rate could increase your repayments which could affect affordability
You may end up having to make monthly mortgage repayments for longer if you increase your mortgage term which could impact things like your planned retirement age
You might need to consider potential early redemption penalties and/or arrangement fees

There are lots of reasons why people choose to remortgage. Perhaps their existing mortgage deal is coming to an end and they want a better deal, they might want to significantly reduce the term of their mortgage or they may wish to raise capital through the release of equity built up in their property.

Remortgaging means you could potentially reduce your monthly repayments or, if you reduce the term of the mortgage you might potentially save thousands in interest over the years or you could choose to free up capital for things like home improvements.

We would always recommend taking into consideration any fixed terms. If your existing deal hasn’t come to an end yet, you might find you face early redemption fees, so it makes sense to ensure you know if any fees might apply to you if you were to switch your mortgage.

Whilst we’d certainly encourage you to find out what deals your current lender can offer, don’t assume their mortgage deals will be the best, you could find that looking at other lenders means you might get a better deal.

Our tip: Get advice from a reputable independent mortgage broker. Contact us today to arrange an appointment or get an online mortgage quote.

Our partnered mortgage brokers are specialist mortgage brokers with access to a comprehensive Buy to Let lending panel. Whether you are a first-time landlord or an experienced landlord with a varied portfolio, they have the experience and know how to ensure you receive the right advice, at the right time and at the right price.

Mortgages are the biggest financial commitment most of us will ever make, but they can be complicated and with thousands of products available it’s not easy to find the right deal.

At the Property Portal we believe that to get the most suitable and competitive mortgage for your circumstances and smooth the path to an offer, making the process as hassle free and quick as possible you take advice. We recommend our partnered mortgage brokers to help you navigate the mortgage maze:

They offer personal advice tailored to your individual needs and they’re not tied to a particular provider.

They are qualified and regulated by the FCA, which means you are entitled to redress if you are unhappy with their advice.

They have access to exclusive products that are not available from your bank.

They have expert knowledge of lenders criteria potentially saving you time and money.

Advice if free and without obligation.

They do the legwork for you, removing any stress.

They specialise in the unusual! If you have found it difficult getting a mortgage, they have the expertise to help.

They provide wider financial advice and will be happy to talk to you about protecting your home so once you have it. You keep it!

They’re loyal to you.

They have hundreds of satisfied clients, which is why we choose to work with them.

If you're seeking a mortgage Agreement In Principle, it takes a short amount of time to do and is a process that can be completed online right here at The Property Portal.

Our process is easy, with no complicated jargon and it only takes a few minutes. Your information will not be shared and is secure and there are no credit checks involved.

Get your mortgage Agreement In Principle today.