Your home may be repossessed if you do not keep up repayments on your mortgage.
*Subject to application, status and lending criteria. You may be offered a higher rate.
To help you understand a typical cost for a mortgage, please see the representative example below. The figures used are for illustration purposes only, your actual costs and monthly payments will vary depending on your mortgage
A mortgage of £146,000 payable over 22 years, initially on a fixed rate for 5 years at 8.09% and then on a tracker rate of 1.8% above the Together Homeowner Managed Rate (THMR) currently 9.25% (variable), for the remaining 17 years, would require 60 instalments of £1,204.57 followed by 204 monthly payments of £1,451.18 plus a redemption administration fee of £100.00. Read more information on THMR.
The total amount payable would be £368,414.92 made up of the loan amount (£146,000) plus fees (arrangement fees (£1,495), broker fees (£862) and redemption admin fee (£100), plus interest (£220,057.92)
The overall cost for comparison is 10.2% APRC representative.
The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.
If you’re already a Together customer, you may find the process of remortgaging with us much quicker than applying for a mortgage with a new lender. That’s because we already have a good idea of your circumstances, your income and your repayment history.
You’ll also have less paperwork to fill out and we won’t require you to complete a new property valuation, saving you both time and money.
It’s normal for your circumstances to have changed since you last got a mortgage. Perhaps you’ve had a missed payment, your employment status has changed, or your relationship has ended.
Fortunately we don't mind if you're simply looking for a new rate to reduce your repayments, or want to borrow more to complete renovations or consolidate debts.
We don’t just rely on credit scores to make our lending decisions. Instead, we see the person behind the numbers. All of which means we can often lend when others can’t.
If you're ready to talk, get in touch with us on 0161 933 7059or
Do you want to understand the potential cost of your mortgage or loan?
We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.
Submit enquirySimply put, to remortgage means a new mortgage on a property you already have a mortgage on, either with a different provider or taking out a new deal with your current one. This can be a house that you are planning to still live in, or a holiday home you plan to re-develop using the money from the new loan.
For remortgaging you can choose to remortgage with the same lender as your first loan, or look for a different loan and rate elsewhere. Often, the new loan is used to pay off the existing mortgage using the equity built up as the deposit for your new mortgage.
You can but most mortgages have an early repayment charge during the fixed term period. If you re-mortgage early, you’ll trigger the charge and it can be thousands of pounds. So make sure to check:
Then you’ll then be able to work out if it’s worth leaving your deal early and paying the charge.
Most mortgages have early repayment charges during the fixed term period. If you leave your deal in the fixed term period you may be charged. You're best to check with your current provider what those charges are and when they apply till.
Yes, you can add or remove an individual whilst remortgaging. To do this, you will need to talk to a conveyancing solicitor in order to set up the new charge.
You don’t always need a solicitor to remortgage if you’re doing it with your current lender. However, if you’re looking to remortgage elsewhere, you may need a solicitor.
If your mortgage is currently with another lender then you will require a valuation as part of the process, if you're an existing customer then a valuation will likely not be required.
Speak to your mortgage lender or other lenders about how much you want to borrow, and they will offer you the best advice for your personal circumstances.
We'll happily look at your current circumstances and see what options that are available for you. Please give us a call on 0161 933 7165.
We're open Mon-Fri 9am-5:30pm.
Find out moreAs an existing customer looking to refix, you can be sure that the rate that we offer you will never be higher than the rate we’ll offer new customers on the same product at the same time.
Get in touch with our team by calling us on 0161 933 7165 so we can discuss the best options for you.
We're open Mon-Fri 9am-5:30pm.
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