Remortgage Advice in Sheffield

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Finding you the Perfect Remortgage Deal!

If you’re approaching the end of your fixed mortgage term and you want to look at the possibility of Remortgaging in Sheffield, you’ve landed in the right place!


During our twenty years of working as a mortgage broker in Sheffield, we’ve become Remortgage experts. We’ve managed to help thousands of customers secure competitive Remortgage deals that were perfect for them.


Remortgage Advisors in Sheffield

Our Remortgage Advisors in Sheffield will search through 1000’s of Remortgage deals on your behalf. If they find a great deal that matches your personal and financial situation and you are happy to proceed with the deal, we can get the ball rolling and get your Remortgage application submitted.


Our Mortgage Advisors in Sheffield want the best for you and will always recommend that you choose your best option. If your best option is to stick with your current product, our Mortgage Advisors in Sheffield will tell you so.


We strongly recommend that you take advantage of our free Remortgage consultation. Getting a free mortgage review could potentially allow you to access a better mortgage rate which could end up saving you money further down the line. Get in touch with your Mortgage Broker in Sheffield today. We are available from early until late, we’ll be ready to take your call!


How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Popular Reasons to Remortgage in Sheffield

Remortgage to Find a Better Deal

Towards the end of your initial fixed period for your mortgage in Sheffield, you’ll need to start looking at your options.


Typically, people will look to obtain a Remortgage, as at this point, you will find yourself automatically switched onto your lenders’ SVR, Standard Variable Rate.


This interest rate for an SVR will usually be higher than your initial fixed period, which will serve to increase your monthly mortgage repayments.


This is why it’s a popular choice to seek Remortgage Advice in Sheffield at this point in time.

Remortgage to Fund Home Improvements

We have worked hard to help a vast variety of customers release equity from their homes as a means of funding any home improvements.


These are usually for rather large planned improvements, such as a home extension, a new kitchen remodel, or a conversion to the loft space.


If you would like to look at your options to release a large amount of equity to fund any new home developments, such as an extension, there are some mortgage lenders who may ask you to show any quotations you’ve received for the work costs.

Remortgage to Consolidate Debts

Consolidating unsecured debts into your mortgage is a potential way that you could merge all your outgoings into a manageable and more consistent monthly payment.


It is important to note though that doing this will extend your debt over the course of your mortgage term and will result in you paying more overall. There’s a lot you need to look into before going into debt consolidation.


With this in mind, we would highly suggest that you speak to a Mortgage Broker in Sheffield prior to securing any debt against your main asset, in this case being your home.



You should think carefully before securing other debts against your home. By adding your unsecured debts to your mortgage, which is secured on your home, you are potentially putting your home at risk if you cannot make the required repayments.


Although the total monthly cost of servicing your debt may have reduced, the total cost of repayment may still have risen as the term of your mortgage is longer than it may have taken to repay the debts originally.



Remortgage to Remove a Name

If you are a co-owner of a property in Sheffield and are looking to take a name off the mortgage, you will need to look at getting a Remortgage to see this achieved.


Even if you choose to stay with your existing lender, you’ll find yourself encountering a similar process. This is because the lender needs to have confidence that the person still on the mortgage is creditworthy, and is still able to afford the mortgage.


For more information and support regarding common Remortgage scenarios, please take a look at our Remortgage guides section or get in touch with one of our mortgage advisors in Sheffield.

Why choose us for your Remortgage in Sheffield?

Our dedicated team of mortgage advisors will offer all customers a free Remortgage consultation in Sheffield.


We are available 7 days a week, from early on until late at night, with appointments at a time that best suits you and your lifestyle.


Are you perhaps looking to release equity from your Remortgage? Maybe you’re just looking to find a better deal? No matter the case, our mortgage advisors in Sheffield are ready and able to search through your mortgage options with you.


We are able to search through 1000s of unique mortgage products in order to find the most appropriate mortgage deal for your personal and financial circumstances.


Here at Sheffieldmoneyman, we take a lot of pride in our ability to provide open and honest Mortgage Advice in Sheffield. We adore what we do, ensuring customers achieve their Remortgage targets.


To learn more about our service and customer satisfaction, please take a look at our company reviews. You’ll be sure to see many happy customers who trusted us to get them through their mortgage journey.


If you would like to book a free Remortgage appointment, please don’t hesitate to get in touch with us. Our trusted Mortgage Advisors in Sheffield are ready and willing to help answer all your questions and get your Remortgage journey started!

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Common mortgage

If you are on your lenders SVR (Standard Variable Rate of Interest) it is more than likely that you are able to save money! As a Mortgage Broker in Sheffield, we will compare the new products available against your current mortgage deal to work out these savings for you. If you have equity in your property in Sheffield, a remortgage would also allow you to release some of this money if required. Usually, for home improvements.

You can Remortgage and increase the size of your mortgage to pay off unsecured debts. Please do not rush into this though as there are some downsides. Always seek Mortgage Advice in Sheffield before consolidating your debts!

Your free remortgage consultation in Sheffield will last around 30 mins. Your remortgage consultation can be carried out over the telephone or face to face. We will then compare a new deal vs your current product and recommend the most suitable with no obligation. You can then decide whether you wish to go ahead or not.

The fees will be similar to the ones involved when you started your current mortgage. However, your dedicated Mortgage Advisor in Sheffield will run through all of the fees with you. Taking these into consideration when comparing the savings of the new deal vs your current mortgage.

As a trusted Mortgage Broker in Sheffield, we carry out a fact find to verify your needs before recommending you with a mortgage deal. After a Mortgage Advisor in Sheffield has evaluated your situation, they will perform a credit check on you, this is required for an agreement in principle. Then after you have provided all of the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued.

Yes, you can get a second mortgage. Whether this is for debt consolidation or home improvements, this is possible. It is also possible to take out a second mortgage on a second property but only if it is own use, the use of a family member, a holiday home or a Buy to Let.

It will be harder but yes you can. You will have to show that you can afford a mortgage by putting down a higher deposit, perhaps 10% or 15% of the purchase price.

If you are an employee, you will need to provide three payslips to prove your income. If you are Self Employed in Sheffield, you will have to prove for the latest 2 years’ accounts. Along with this, you must produce proof of ID, address and 3 months’ bank statements.

We make it so easy!
Our 4 step process

Step 1

Once you get in touch with our fantastic team in Sheffield, we will get a few details from you so that we can get the ball rolling.

Step 2

You will undergo your free Remortgage consultation with on of our Mortgage Advisors in Sheffield. Here we will find a little more about you and your situation.

Step 3

Your dedicated advisor will search through 1000s of products to find you the perfect deal for your personal and financial situation.

Step 4

Application stage - We'll make sure that everything goes to plan with your lender. You'll have our support from your initial contact right through to when your Remortgage process has completed.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links & Sheffieldmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

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Sheffieldmoneyman, Courtwood House, Silver Street Head, Sheffield, S1 2DD.

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