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100 Mortgages
And only mortgages 100% of the way!Remortgage
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Once a new home is purchased the homeowner tends to want to put their own mark on their property. This usually results in home improvements like a fitted bedroom, new kitchen or conservatory. However, if the borrower feels that the property is becoming too small, an extension maybe another avenue to pursue. In which case, a re-mortgage will most definitely need to be approved in order to acquire the required capital.
The lender will issue a re-mortgage on the proviso that you can provide
collateral in the event that the repayments cannot be met. Such examples
of collateral could be a car, household items that hold substantial value
or the house itself.
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