With the interest rate constantly changing, many clients need to refinance to take advantage of good rates. We work with all the main UK lenders as well as Bank of China, East Asia Bank, First Commercial Bank and HSBC to help our client refinancing their properties.

Before you decide to refinance you might wish to consider the following factors,

  • Is there a redemption penalty on your old mortgage?
  • Is there a penalty for early repayment on your new one ?
  • Will your new lenders require a survey, and if so who pays for it?
  • Will the new lenders pay your legal costs?
  • If not, do you know what your legal costs may be?

Note that these costs will invariably be higher for a leasehold refinance than a freehold by anything from £100 - £250.