If you wanted to pay off your existing mortgage and wish to switch to another lender, this would be called a re-mortgage. Integrity Mortgage Solutions are very experienced in researching the best deal for our clients that suit their individual needs.

There are many reasons why you might want to re-mortgage your existing property and some of the most popular reasons are listed below:

• Capital raising
• Home improvements
• Debt consolidation
• School fees
• Holidays / Cars
• Buy other property
• Divorce settlement
• Securing a better interest rate
• Self build and purchase of investment property.

You may be thinking of purchasing an investment property or simply wishing to raise cash or for any other reason we can help you to establish a budget and find the best lender for your circumstances.

Please note that lenders do not usually allow capital raising for business purposes or to pay a HMRC tax bill.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE  OR ANY OTHER DEBT SECURED ON IT. 

Debt consolidation is not always the most suitable option, consolidating debts must be carefully considered. It will usually mean more interest over a longer repayment term and there may also be early repayment penalties on your current mortgage, you should think carefully before securing other debts against your home. There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service these services may be more suitable for you.