Remortgage & Equity Release

Remortgage refers to the process of replacing an existing mortgage on a property with a new mortgage either from a different Lender / Bank or renegotiating the terms of your current mortgage with your existing lender / Bank. There are number of reasons why customers choose to remortgage

• For Securing better interest Rates:
  Customers opt this option if they may coming to an end of their fixed term mortgage and would like to avoid expensive variable interest rate or if interest rates are generally reduced in the market.
• To get Equity:
  If the value of the property has increased or customers have paid a large portion of their mortgage, remortgage option can be utilized to get excess cash to invest into additional property.
• To Change Existing Terms:
  If customers would like to switch from variable interest rate to Fixed term interest rate, would like to reduce or increase the tenor or change existing terms such as partial settlement or floor rates, remortgage option is available.

With specialists like Financify, whether customers want a lower interest rate, more flexible terms or additional borrowing, we ensure to provide access to a much better remortgage deal on the basis of our extensive experience and strong relationships with UAE lenders.