• What information must sellers disclose to buyers?
    Posted on 15 June 2023

    What information must sellers disclose to buyers?

    This is the point where a seller’s disclosure chips in. It is usually designed, giving you as a buyer insights into the defects you are likely to experience, with your new house – including the past, as well as the present. This may help you to make a more informed decision on whether to buy the house and not forgetting, saving you high costs you would have included in repair costs.

    The seller's disclosure form protects the buyer, as well as the seller. How? As a buyer, you need to have all the detailed information, of any upgrades, repairs, and renovations required, even before buying the house. As for the seller, before closing the deal, the buyer is required to sign off, proving that he/she is conversant with any pre-existing problem, thus protecting the seller from any irregular legal action you may opt to take afterwards.

    Details included in the seller’s disclosure form
    Generally, a seller is required to include all the house defects – past or current, or any major constructions done either on the foundation, roof, the structure or the house systems (plumbing, electrical, heating, septic, etc.)

    Below are examples of some of the issues to be disclosed by the seller;

    • Leakage on the roof, doors and windows
    • Knowledge of a neighboring construction or development project
    • DIY renovations or even construction done short of the city permit
    • Past occurrences of flooding
    • Any utility issues
    • Local environmental risks
    • The existence of radon, lead paint, radon, mold, or asbestos
    • Hitches with the plumbing or electrical systems
    • Soil contamination
    • Wildlife or infestations
    • Property line clashes
    • Bankruptcy proceedings
    • Recent crime or death on the property
    • Neighborhood noise or nuisances
    • Malfunction of appliances
    • Present property liens
    • Cracks in the houses’ foundation, etc.

    Anything that poses as a threat to either your health or even in devaluing your property should be included in the seller’s disclosure form. Also, note that the seller might not be fully aware of all the underlying issues. While even in some cases, to keep the house sales on track, the seller might fail to highlight all the problems.

    Being a legal document, ensure you request for a disclosure form, either from your housing agents or even directly from the house seller. Review it carefully before signing into any contract. This might save you big-time!
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  • How to make your home stand out during a virtual or video tour
    Posted on 9 June 2023

    How to make your home stand out during a virtual or video tour

    The demand for home virtual and video tours is surging as buyers seek safe ways to view and experience properties without having to come in contact with anyone. Find out how best to present your home and make it stand out during a video or virtual tour.

    Virtual and video tours are especially beneficial for buying a house remotely. After all, if a potential new home is far away, there is hardly a better way to experience it. Also, purchasing a new home remotely allows a buyer to save some time and money on traveling.

    Steps to making your home stand out during a tour

    When used correctly, virtual or video tours can be an excellent tool for home promotion. They offer an immersive way to showcase your home, which can be quite refreshing compared to standard pictures or diagrams. However, like any other tool, home tours are useless if you don’t know how to use them properly. You need to adhere to certain basics and consider some artistic choices if your tour is to be worthwhile.

    Clean your home
    While this may seem obvious to some of you, we still feel the need to mention that decluttering your home before making a home tour is necessary. Know that there is a difference between cleaning your home for a shoot and tidying up. When cleaning up your home for a tour, you need to make it look spotless. Cleaning, dusting, rearranging items, everything needs to be in perfect order. If there are any visible issues with the floor or roof, you will need to repair them. Ideally, your home should look like a show home.

    Tell a visual story
    Once your home is clean, there is an essential principle that we would like for you to keep in mind. A home tour will only work if you manage to tell a story with it. There is more to it than only going around your home and explaining which room serves which purpose. Instead, you need to consider who you are selling to and then orient your presentation to fit them.

    For instance, say that you are selling a family home. After consulting with an agent, you decide that your target buyers should be young families looking for a quiet place to settle down. Your goal then should be to make your home as family friendly as possible. Warm lighting, comfortable furniture, cosy colours, ease of use… All of these give the impression that your home is suitable for a family. So, the more you emphasise all these aspects to tell a unified, visual story, the easier it will be to sell your home.

    Using the right lighting and colours
    The first thing to note when it comes to lighting is that you should use natural light. Artificial light sources don’t look nice on camera. And, more importantly, they tend to make the whole room look subpar. So, stick with natural light.

    The question now becomes when to shoot. Well, this is where the storytelling element comes into play. If you are trying to present your home as a modern, well-situated living space for a young professional, use early morning. Early morning light is bright, which will give your home the feeling of energy and aliveness. On the other hand, if you are selling a family home, the afternoon is your best option. Afternoon light gives the feeling of comfort and homeyness that you can hardly mimic with artificial lights.

    Similar ideas apply to colours. If you are catering towards young professionals, use colder colours like blue or green. These give the feeling of openness while providing a certain sense of calm. For a family home, warmer colours like yellow or dark orange are better choices since they are cosier. Of course, these are just examples, and you need to see what works with your home instead of blindingly following them. But they do give you a good idea of how to think.

    Highlight the best features
    One of the mistakes that people often make is that they try to highlight everything about their home. The bathroom, the bedroom, the living room… Everything is showcased to its fullest potential. Unfortunately, this often proves counterproductive. This is because if everything is emphasised, nothing is. Again, you need to consider your home carefully and decide what its best aspects are. If everything is good, that’s fantastic. But still, try to see what the best feature is. Then proceed to highlight it.

    Consult with professionals
    The final way to make your home stand out during a virtual or video tour is to talk to a professional. Even now, you probably realise that there are many aspects here to consider, especially if you genuinely want your home tour to tell a story. Reach out to people who do them all the time if you feel you need the extra knowledge!

    Get in touch if you have any questions about virtual/video home tours and how to correctly use them to sell your home!
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  • 3 ways to build your equity once you’ve bought your home
    Posted on 9 June 2023

    3 ways to build your equity once you’ve bought your home

    A home is probably the biggest asset a person can invest in.

    It brings dreams, shelter, social status and furthermore savings. It may also pave the way to better neighbourhood and schools. A Home is undoubtedly a lot more than just an investment, but the importance of maximising ownership in your home can’t be denied as well.

    Home equity is the current value of your house minus any sum that you still owe on your mortgage. Home equity can help you in future renovations, buying a bigger house and execute your retirement plans, so you certainly want it to be as large as possible. If you fail to plan on a long term basis, you can miss out on the opportunity that your home equity provides you. Home equity is something that is expected to grow over time, but some active steps can speed up the process. Here’s a look at why 3 ways to build your equity once you’ve bought your home.

    Focus on Paying Off Your Mortgage
    The mortgage is the only thing between you and full ownership of your home. You contribute to both the principal amount and the interest with every monthly payment. The principal is added to your home equity and the rest goes towards paying out the interest, taxes and insurances. The aim here is to invest in your principal as much as you can, which will increase your home equity and net worth. This idea may not seem feasible but the payoff is worth it.

    Renovate and Remodel Your Home
    Several factors appreciate the equity of your home. You don’t have control over factors such as supply and demand, growth of your neighbourhood and others, but you can increase your home’s market value by making certain improvements and regular maintenance.

    You can also add an extra bedroom or a study room, renovate the old kitchen and interiors or add a master bathroom. Investment in landscaping and maintenance activities such as cleaning out sewers, small repairs, replacing filters at regular intervals will keep the value of your house from degrading.

    Get a 15 Year Mortgage
    This will help you in paying off your mortgage quickly and will save a lot of money on interest payments. Generally, the interest rate on a 15-year mortgage is lower than the interest rate on a 30-year mortgage.

    How to Use Home Equity
    It is an important financial instrument and one of the perks of owning a home. You can use this equity to move up to a bigger and more expensive home. It can also be used to carry out major improvements, investments, pay off other debts and can assist you in planning for your retirement.

    A lot can be gained from making efforts to quickly build equity in your home. Dedicating more money towards it might seem useless, but it’s going to yield results in the future. It’s better to start early or starting late than never starting at all. Think and invest.
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  • Advice on Choosing a Good Conveyancing Solicitor
    Posted on 9 June 2023

    Advice on Choosing a Good Conveyancing Solicitor

    Cheap is rarely cheerful
    You know the old adage: you can have fast, cheap, and good; but you can only have two at any one time. This is very true for conveyancers. ‘Fast’ isn’t always the best word to use as there are multiple variables that may slow down the process. ‘Efficient’ is what you’re looking for.

    There’s no template
    When getting quotes from different solicitors for the work, bear in mind that there isn’t a set template for how those quotes are presented. There can easily be hidden costs.

    Get recommendations
    And then take them with a pinch of salt. Buying and selling property is something that happens so infrequently in most people’s lives. They may have had a good experience in the past but you don’t know what’s happened in that firm. Staff changes and even holidays can mean that a previously great firm takes a dip in performance even if only for a few months.
    TOP TIP: Your estate agent has a great overview of the whole market. They deal with solicitors all day, every day. Ask them for their advice.

    Different properties need different work
    The advantage of asking your estate agent for a recommendation is that they’re used to dealing with the variety of properties in your area. Flying freeholds, chancel repair liability, coalman’s accesses: these are all things that are completely normal to deal with for some solicitors.

    Others have never dealt with them before and can cause massive delays. Even worse, they can advise their clients that it’s a risky issue, simply because they don’t understand the nuances, even causing them to pull out of the purchase.

    If you’re looking for a good conveyancing solicitor to help you to buy or sell a property, please don’t hesitate to get in touch. We can advise you on your options. Call Pinkertons on 028 9147 9393 and a member of staff will be glad to assist you.
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  • Why Do Some Properties Hang Around on the Market?
    Posted on 9 June 2023

    Why Do Some Properties Hang Around on the Market?

    Making a bad impression
    We’ve all heard the adage that first impressions are the most important. This is definitely the case when it comes to selling your home. Smart presentation is a must as it sets the tone for the whole viewing.

    First things first – kerb appeal. Does your property entice strangers to want to peek inside? If it doesn’t, make a difference by tidying up the outside of your home. Maintain the same level of pride throughout your home. Make sure you’ve cleaned and tidied and the space is smelling fresh. Clutter can be distracting, making it difficult for prospective buyers to imagine how to make your property their home.

    Poor state of repair
    It’s critical to make sure the basic fixtures in your home are in good working order. You may not need to replace whole bathrooms and kitchens before you go to market, as any modernisation required will be reflected in your sale price. But minor issues can create doubt and concern about what further essential work might be needed.

    Fix broken door handles, attend to areas of damp and replace faulty fittings. A little bit of pride goes a long way.

    The price is too high
    Sounds simple, and it is. Pricing your home is not about how much it’s worth to you, it’s about being realistic. Consider the strength of the market, the area, and what similar properties around you have sold for recently.
    Naturally, buyers are always looking for a bargain and there’s a fine line to tread, but take the guidance from your agent seriously. If you’re overpriced, you’ll struggle to get viewings, never mind offers.

    Poor photography
    Great photography of your home will make all the difference online. True first impressions begin here and if you think about how many property listings the average buyer scrolls through, it’s crucial to stand out.

    TOP TIP:
    Remove any unnecessary objects as the eye will be drawn to these first. Dishcloths, bathroom products, piles of toys, and clutter should be out of sight for pictures – even if it just means hiding them for the photographs.

    It may sound like a cliché, but fresh flowers can lift a room by their mere presence. Remember, you are creating a lifestyle that accompanies the home so your accessories should reflect that.

    Human interaction is key and the right agent can make all the difference. Here at Pinkertons, we create demand and a buzz around your property rather than solely waiting for it to be discovered online. Want to find out more about what we do click on the link https://www.pinkertonsni.com/ or call us on 028 9147 9393.
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  • Why Homeowners Should Sell Before They Start Looking
    Posted on 9 June 2023

    Why Homeowners Should Sell Before They Start Looking

    Picture the scene.

    You’re house hunting and have been trawling the internet for what seems like forever. Then one day your eyes are drawn to a beautiful looking home that ticks all your boxes.

    You visit the property and boom, fall head over heels with it. It’s the one.

    You make your offer and start dreaming about waking up in this place you’d love to call home.

    If this all sounds too good to be true, it’s because, in this scenario, it often is IF you’re making that offer without your current home being on the market already.


    In our experience, when people start looking for a new home before their existing one is under offer it creates several potential issues that can mean being thousands of pounds out of pocket.

    When you see a property you love, you can be blinded by emotion and pay over the odds for it.

    And while you may be smitten with it, sellers usually find buyers who already have their homes under offer much more attractive than those who don’t.

    The downside
    The real downside in this scenario is you may feel pressured to accept less for your current home because you don’t want to miss out on the one you’ve fallen for. However, if you pay more for your new place and get less for your old one, you can see how that creates a crater-like dent in your finances.

    So, here’s our advice for homeowners on why it’s a wise move to sell first and seek later.

    First, put your home on the market with an agent who has a clear plan and strategy to achieve the best possible price for your property.

    Once your property is under offer, it puts you in a much stronger position when offering on a new home. This is because you now fall into that attractive buyer category in the eyes of sellers.

    And you won’t have that pressure of being in a rush to sell your home and potentially accepting under asking price offers because you’re desperate to move to the new place you love.

    We’re on your side
    We’re here to help you make the best decisions when it comes to moving home. And we’d gladly give you advice on buying and selling.

    To speak with one of our friendly, experienced team, call 02891 479 393 or email info@pinkertonsni.com
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  • 9 home projects to work on over the holidays
    Posted on 9 June 2023

    9 home projects to work on over the holidays

    Putting photos into albums, tidying your closet, making holiday gifts — a long holiday can be the perfect time to tackle a project you’ve been wanting to get to but just haven’t had time for!

    Make a handmade holiday gift in multiples.
    If you’d like to try your hand at homemade gifts this year, it can be tempting to choose a different craft for each person on your list — but this can be a recipe for disaster as the days countdown to Christmas and half your list remains unfinished. To maximise your time (and the cost of tools and materials) think up a project that’s easily repeated, and gift a version of it to multiple people.

    Poll family and friends about a decorating or renovation decision you’ve been waffling on.
    Trying to choose the right paint colour, upholstery fabric or kitchen tile? Use the holiday weekend as an opportunity to poll the family and friends who come over — even if you don’t agree with their preferences, it can help you figure out what you do want!

    Finally put loose photos in albums.
    Dig out a box of photos you haven’t gotten around to sorting, have a stack of blank albums at the ready, and hold a photo-organising session solo or with family. To get through a lot of photos in a single afternoon, keep your albums simple, with just a few notes about the people and places featured.

    Try the KonMari method of tidying.
    By now you’ve probably read (or at least heard of) the phenomenally popular book on decluttering, The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing, by Marie Kondo. Use the time as an opportunity to try out her method of decluttering your home, starting with your clothes.

    Decide on a new light fixture or two.
    New lighting can completely transform the look and feel of a space. Having a light fixture replaced is usually a quick and easy job — an electrician can typically get it done in about an hour, more if you’re relocating the fixture or if you want to add a light where none currently exists. Try replacing your old dining room fixture with a beautiful pendant light or pair of lanterns or create a beautiful row of lights above a kitchen island.

    Sort through baby clothes to make a memory quilt.
    Even if you’re not a quilter yourself, you can hire someone locally to use the fabric you provide to create a one-of-a-kind keepsake quilt. Sift through all those boxes and bins of saved baby clothes and pull out the most meaningful and lovely pieces to include in the quilt — just imagine how wonderful it would be to enjoy using those sweet little clothes again, instead of hiding them away in a box!

    Put up picture shelves.
    If putting up a gallery wall of artwork has you feeling overwhelmed, take a different approach and install a row of picture shelves instead. The horizontal lines give the display structure, so you can mix and match sizes and shapes of frames as much as you wish — and with picture shelves, you can swap out your artwork whenever the mood strikes, without measuring or adding nail holes.

    Repaint the bathroom.
    Typically the smallest room in the house, the bathroom or powder room also tends to have very little wall space thanks to the tile and fixtures, which makes it a quick room to make over with paint. If you’ve been living with a plain white or builder’s beige bathroom, why not try a paint colour with a bit more oomph? Slate, charcoal, mocha and silvery green are all elegant choices for the bath.

    Put new planters out front.
    Add fresh greenery to your entrance with a pair of matching topiary flanking the front door. Choose evergreen plants that can stand up to the weather, like boxwood or juniper. This simple change is a sure way to boost kerb appeal and make your home look more inviting.

    Will you be working on any home projects?
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  • Sellling Your Home – Our Top Ten Tips
    Posted on 9 June 2023

    Sellling Your Home – Our Top Ten Tips

    1. Appoint an Agent
    At Pinkertons, we know how stressful selling a house can be. That’s why our sales team are dedicated to making this process as simple as possible for you - making them the best in the business. You want an agency who know the market inside-out, can negotiate on your behalf to get the best outcome and have a ‘can-do’ attitude and this is exactly what is on offer here at Pinkertons! We will maximise the results while minimising stress.

    2. Little Things Count
    Buyers will pay great attention to detail and will, in fact, look for faults in your home. Buyers are looking for value for money, after all! So look around the home for little odd jobs that may be worth fixing before potential purchasers view the property. Buyers will over-estimate how much repairs will cost, so it is worth sorting out the small problems before they view the property.

    3. Make a Good First Impression
    From the moment a buyer sees the outside of your home, they will have an opinion so it is vital that you make their first impression a good one! Try and ensure the garden and surrounding areas are well kept as this will appeal to a buyer before they even step foot in the house. Clean your windows, keep your pathway clear and cut the grass – these small steps will entice buyers!

    4. Get Painting!
    Interior or exterior paint could be a crucial selling point and may be the decision maker for a purchaser. Perhaps your home needs refreshed anyway so this is the perfect opportunity to update! Neutral is best as it will appeal to a range of audiences – you don’t want to limit yourself to a certain type of purchaser as then you won’t receive a lot of viewers.

    5. Declutter
    In this age of technology, most buyers view your home through a screen first and foremost. This means it is imperative to tidy your house before your photos so that they can get a good view of the property, rather than looking at your possessions. Purchasers will be put off arranging a viewing if the photos show a messy home.

    6. Get the Light Right!
    In order to enhance the look of your home, get ambient lighting in each room, use lamps to light up dark areas, open your curtains and make it look as good as you can! Although a photographer can make rooms look lighter in a photo, you want your rooms to look bright when viewers come to see your home.

    7. Organise Your Rooms
    Your property will be more appealing to purchasers if they can clearly see what each room is used for as this allows them to see the full potential of the property. Perhaps a bedroom has become more like a storage room – try and put it back to how it was intended to be as this makes it a lot easier for purchasers to get a proper feel for the house.

    8. Spend well
    Although you may be keen to make home improvements before bringing the property to market, ensure that what you spend will be covered by a value increase. The best way to budget for this is to seek information on the maximum potential value of your property.

    9. Broadband Matters
    In this day and age, WIFI is a huge selling point for buyers. People are now looking for homes with the best signal, WIFI connection and broadband. You can be sure that a question you will be asked on a viewing will be regarding your broadband connection, so don’t be afraid to boast about how good yours is as it could be a deal breaker!

    10. Research and Instruct a Solicitor
    Research and instruct a conveyancing solicitor early. By doing so this allows your solicitor to gather your property deeds etc early and could save a few weeks on the conveyancing. Pick a solicitor who agrees to give you a weekly update. Ask your agent for recommendations of conveyancers who communicate consistently.
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  • Top Tips to Make the Most of Your Staycation
    Posted on 2 June 2023

    Top Tips to Make the Most of Your Staycation

    This summer, the question mark over foreign holidays is as agonising as Ross and Rachel’s will-they-or-wont-they story.

    Some have taken the stress out of the decision and opted to book holidays in and around the UK. But for many, rising prices and limited availability has resulted in staycations at home being the preferred choice.

    Here’s a roundup of our favourite tips to make the most of your staycation.

    Turn the tech off
    Remember the good old days when a break was actually a break? For some, working from home has led to a seemingly constant availability. Work has crept into evenings and weekends and the line has most definitely blurred. Turn your phone off, put your out of office on and recharge your batteries.

    Cull the chores
    Holidays mean leisure, not labour. Put an embargo on laundry, cleaning, shopping, even cooking (unless that forms part of your R&R). Indulge in some guilty pleasures: sleep in, read some feel-good fiction, binge on Netflix, eat pancakes and syrup every day.

    Satisfy ALL the senses
    If a holiday means havaianas, Harvey Wallbangers and halloumi – have it. Use a coconut scented body lotion or sunscreen (if we’re lucky enough to see the sun…). Get out your fluffiest bath towels to turn your bathroom into a luxury hotel spa. Hang some fairy lights, splurge on some holiday-scented candles and spin some Café del Mar tunes for a holiday oasis.

    Get outdoors
    There’s bound to be somewhere that you have yet to discover. Search the net for recommended woodland dog walks, hiking trails, or picnic spots. If you have the space, borrow a tent from a friend and set up camp in the garden. Toast some marshmallows, put on a little festival music, and lie out under the stars. (A chemical toilet is optional.) If rain stops play, set up camp inside. You can even listen to cicadas or a crackling fire on YouTube.

    Get your mates together for some football, rugby, or rounders in the park. Get everyone involved and throw some bangers on the barbie for a post-game jolly.

    Try something new
    You’re never too old to learn something new. Try your hand at a new sport (a dining table and a table tennis paddle and ball can provide hours of fun) or have a go at painting, yoga, or perfect your mum’s pavlova.

    Whether you’re vacationing or staycationing, from all of us here at Pinkertons, have fun and stay safe.
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  • The do's and don’ts of remortgaging your property
    Posted on 2 June 2023

    The do's and don’ts of remortgaging your property

    There are many reasons why you may need to remortgage your property at some point in your life, so here’s our top tips on how to remortgage your property while avoiding any costly mistakes.

    Remortgaging is the process of paying off what you currently have left on your property's existing mortgage with a new mortgage. The benefits of remortgaging can be reducing your monthly payments, securing a better interest rate and shortening the time it will take to pay back. It can also be a good option if you want to borrow more to afford home improvements or pay off other more costly debts, such as credit card loans.

    See our top tips below:

    DO give yourself time to research the market
    Our best advice is to start discussing options with your broker or mortgage adviser at least six months in advance of when you plan to remortgage your property.

    Timing is key and it pays to line up and apply for your new deal no less than three months in advance. In a mortgage climate where rates are rising, this ensures a competitive rate and also safeguards against rolling onto a more expensive standard variable rate at the end of your mortgage term.

    DON'T stick with your lender just because it's easier
    The benefit of remortgaging your property is that you may be able to save money by reducing the rate of interest and your monthly payments. The mortgage world is competitive, and the simple fact is that your current lender may not be the cheapest.

    Unlike simply swapping to a different mortgage rate with the same lender, remortgaging opens up options with new lenders. If for example you have a higher income compared to when your mortgage was initially arranged five years ago, you may find that you are able to increase your borrowing power. You may choose to release capital for a number of different reasons, while securing yourself a more competitive rate than what your current lender offered.

    However, if your earnings have gone down since first taking out your mortgage, it may be the case that you're unable to secure the lending needed to remortgage with a new lender. The best option may therefore be to switch to a new deal with the same lender.

    DO shop around for the best options
    The best option may not be the one that gives you the lowest monthly payments, but the one that allows you to pay back your mortgage quicker, making a larger saving over time.

    While your current lender may offer a reasonable retention product, such as a more favourable rate if you stay with them, you'll tend to find the best deals are available when you switch lender.

    If you need additional borrowing, a further advance loan from your existing lender of a new second charge mortgage – meaning a second mortgage on the same property – may be more appropriate than remortgaging, so it's worth considering all the options before making a decision.

    DON'T try and guess your property's value
    While it can be tempting to guess how much the value of your home has changed since you bought it, you’ll need an accurate valuation to know how much you can spend or save with your new mortgage.

    If your property has increased in value since you first took out your mortgage, when you choose to remortgage, the loan-to-value figure is likely to decrease. This then means you are less risky to a mortgage lender and your interest rates may drop, depending on the current interest rate climate.

    A correct valuation is also important if you want to release any equity. But by doing this, you need to be aware that you will be taking out a larger loan and paying more interest over time and in some cases, it may be cheaper to secure a short-term bank loan if you want to do home improvements or pay for a holiday.

    DO get your paperwork prepared
    The process of remortgaging is almost exactly the same as getting a new mortgage. This means that there can be a lot of paperwork, so the quicker you can get all your documents together, the quicker the whole process will be. You will need ID, proof of address, proof of income and bank statements, while also undergoing the same affordability tests that are required when applying for a new mortgage. It's worth keeping all your documentation in a safe and easily accessible place when the time comes to start filling out forms.

    DON'T forget there are associated fees
    One of the main things to take into account when remortgaging your property are the fees and if these costs make overall financial sense.

    Some lenders will make you pay a charge for terminating your contract early if you're still within your fixed-term period, which will usually be a percentage of what time is left on your fixed contract. In addition to this, there may be an exit fee to cover admin costs.

    Your new lender will also charge set-up fees, which are the same as when taking out a new mortgage.

    Legal work is also required when remortgaging your property, which typically takes 2-3 weeks. Most lenders will provide a free legal service; however, this can be slow. Some lenders offer a cash-back service, where the lender pays the borrower a sum of money – typically £250 – to put towards hiring their own solicitor, who could prove to work more efficiently.

    And remember.

    One of the most important things to remember is to keep an open mind. Many people assume that a remortgage is as simple as choosing a new rate, but this isn't the case and it's worth asking a mortgage broker for advice. Remortgaging is a good way to reorganise your finances and you could be making greater short-term or long-term savings.
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