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What is a capital raising mortgage?
With this type of deal you can raise funds on your property for any reasonable purpose - from home improvement to property investment. Many people use this type of offer to take advantage of lower interest rates, consolidating debts into one manageable monthly fee.
Is a capital raising mortgage deal right for you?
Taking out a capital raising mortgage deal can be a very useful short-term way to help with financial problems, whatever you need the money for. The lower interest rates means that by increasing your mortgage, you will likely pay less than getting an unsecured loan. However, remember that you will have to pay back more on your mortgage, with a longer repayment term. Some offers also have early repayment or switch penalties. You may also want to learn more about other types of mortgage, including:
Debt consolidation First time buyer 100% 125% Homemover Buy to let
Call us on 0845 603 1525 for a free consultation. Our team are on hand to give you an immediate quote and help you secure the very best offer on the market. Remember - if you do find a better offer we’ll not only match it, but also refund twice the payment difference for the entire first year.
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First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
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