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What is a capital raising mortgage?
This type of deal is usually a way of remortgaging your house to release funds for other purposes. The cash could be for home improvements, a holiday, a new car or simply to consolidate existing debts. Many people use remortgaging to take advantage of lower interest rates when consolidating all their loans into one manageable monthly fee.
Capital raising mortgage rates...
Capital raising mortgage rates can be some of the most competitive on the market, but you’re guaranteed to find the very best deal with First Mortgage. This type of offer can be a useful way to raise cash for various purposes - but it’s worth remembering when securing extra funds on your home that your property can be repossessed if you do not keep up your repayments. However, as you will usually pay less interest than with an unsecured loan, this type of deal can be a very good way of lowering your monthly payments (often by as much as 60%).
Call us on 0845 603 1525 for more advice, information and assistance. We are happy to provide an immediate quote and help you choose the best option for you circumstances.
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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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