Remortgaging

If you’re coming to the end of your mortgage arrangement, you might want to start looking for an alternative deal. This is called remortgaging.

Remortgaging is the process of switching your existing mortgage to a new deal, using your home as security. You can remortgage with your existing lender or with a different provider.

If you are a shared owner and wish to remortgage you must let bpha know as we will need to approve your new mortgage.

If you are looking to borrow additional monies whilst remortgaging this can only be agreed in certain circumstances such as  home improvements  and only if there is sufficient equity and deposit on the share you own.

We have a friendly panel of independent financial advisers (IFAs) are here to help but you’re not obliged to use their products or services.