What information do I need for my remortgage?

Existing Mortgage Details

This includes your outstanding balance, term of your mortgage and the monthly repayments. We will also need to know of any early repayment charges that may be payable.

Income details

This can be provided via 3 months payslips or the last 2 years SA302s if you are self-employed. If you are to use any tax credits, pensions or other benefits we will need the latest years award letter for each.

Current outgoings

In order to check whether a new mortgage will be affordable, ourselves and the lender will need to know of any regular monthly outgoings you have. This can be evidenced by 3 months’ bank statements. It is important to be aware of any other debts, properties and additional mortgages you have and what you pay each month towards these.

Future circumstances

It is important that we are made aware of any future plans you may have included relocating, home improvements and anything that will affect your financial situation such as a change of job or any expected promotions.

Your home may be repossessed if you do not keep up repayments on your mortgage.