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.
Do you want to quickly understand the potential cost of your mortgage?
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.
Calculate costsWe're a specialist lender. We exist to help people who would likely be turned down by mainstream lenders. Perhaps it's your employment status, your credit history, or the property itself that doesn't fit neatly into the big names' tickboxes.
Whatever it is, we'll look at your application and use our common sense – not computers – to make the final decision about whether we can lend to you.
It typically takes several weeks to arrange a mortgage.
As a responsible lender, we're duty bound to ensure you can afford the loan you're applying for. So we may take longer to underwrite your case, or request more documentation.
The rate you're offered may be influenced by several factors, including:
When you apply for a mortgage, you’ll need to go through our application process and provide certain documents so we can get a clear picture of your circumstances and what you can afford to borrow.
To help you prepare any documents required we've pulled together a mortgage application checklist so you can move quickly and smoothly when the time comes.
Mortgage application checklistFor example: A mortgage of £135,510 payable over 22 years, initially on a fixed rate for 5 years at 9.55% (and then on a tracker rate for the remaining 17 years at 1.8% above the Together Homeowner Managed Rate (THMR)) would require 60 instalments of £1,243.76 followed by 204 monthly payments of £1,323.16 plus a redemption administration fee of £110.00. Read more information on THMR.
The total amount payable would be £344,660.24 made up of the loan amount (£135,510) plus interest on the loan (£205,566.73), arrangement fee (£1,495) plus interest on this fee (£2088.51) and the redemption administration fee (£110.00).
The overall cost for comparison is 10.7% APRC representative.
The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.
