The Importance of an Accurate What is My House Value at Current Market Assessment When Re-Mortgaging
When applying for a re-mortgage, homeowners must be able to realistically define what is my house value at current market. This is the figure that should be included on any re-mortgage application.
This allows homeowners to select the right re-mortgaging option that corresponds with what is my house value at current market. By over-estimating what is my house value at current market, at best homeowners may not see any financial gain by re-mortgaging their home. At worst, overestimating what is my house value at current market may even result in an increase in monthly mortgage payments.
However, the available interest rates calculated when re-mortgaging on a property, combined with an accurate understanding of what is my house value at current market will only be affected if a reduced valuation pushes homeowners into a different loan-to-value band. If this is the case, mortgage lenders will not charge you a fee for re-mortgaging your home.
Springbok Properties has comprehensive knowledge of the UK-wide property market and have sold more than 5,500 homes across the UK in just 8 years!
Should you decide that after discovering what is my house value at current market to sell your home, we can help you. Call us today and speak to a customer service team that has been awarded 7 gold awards for customer service.