General Mortgage Fact Sheet

If re-mortgaging from another lender…

i.             What’s the reason for re-mortgaging?

ii.            Will there be an ERC?

iii.           Are you looking to increase the borrowing secured on your property and for what purpose?

If additional borrowing;

I need to let you know that alternative finance options may be available and more appropriate, for example…

1.            A further advance from your existing lender;

2.            A secured loan or;

3.            Unsecured lending.

These alternative finance options are something for you to consider before you decide to remortgage to the Loughborough.