First Choice Finance - Mortgage Broker First Choice Finance Compare Home Owner Loans
First Choice Finance - Mortgage BrokerCompare Home Owner Loans

I Own My House Outright Can I Remortgage

I Own My House Outright Can I Remortgage

Remortgage Plans For Outright Home Owners.
Competitive Rates & Obtain £5,000 - £250,000.
Home Improvements, Special Occasion & Debt Consolidation.
Fast Turnaround & Confidential Free Remortgage Quotes.


It is a great achievement for anyone to have fully paid off their homes mortgage and own their house or flat outright. If you find yourself in this position you have done well and now can choose from a wide number of borrowing options - a common one is remortgaging your house or flat. The equity in your property could be released at any time with either a remortgage or possibly an equity release plan, thereby giving you a competitive & cost effective way of borrowing.

Money From House Owned Outright Our remortgage loans are usually at notably lower rates than personal loans, credit cards or store cards. So it may be an option to consolidate your credit if your cash flow is under pressure or may just offer a cheaper way to access money to top up your spending and enhance your life style. Any quotes are free and without obligation and the money advanced can be used for any purpose - to find out how much you could borrow and your repayments please call our UK based remortgage team for free on 0800 298 3000 / 0333 003 105 (mobile friendly). Alternatively use our short, no credit check on line enquiry and we will get back to you at your convenience.

Common Reason To Remortgage Property Owned Outright

In financial jargon clients who own their property outright are often known as deeds cases. There are some excellent deeds case loan plans available and as some customers in this arena are a little older these plans, can have loan terms that go to age 75 (or beyond). That being said the minimum age is usually only 18 so even if you have inherited a property or managed to own your house outright at a younger age the option to borrow on it is very much there. The money borrowed by remortgaging your house or another properties equity can be used for almost any purpose.

Very popular uses are:

  • Home Improvements,
  • Holiday Home Purchase,
  • Or Consolidating Other Debts.

  • Other reasons included:

  • Special Occasions (weddings / anniversaries),
  • Helping Out The Family,
  • Holiday Of A Lifetime,
  • Buying A Car,
  • Pay University Fees Or A Tax Bill

….the list goes on.

Whatever the reason First Choice Finance has been doing this for over 25 years and our clients have already borrowed over £1Billion Pounds - hence we could help you. Our UK remortgage team is here to give you no obligation help and advice to get you the right remortgage loan with affordable repayments to suit your budget . Our remortgage advisers are here to answer any questions you may have, please give us a call for free or enquire online and lets find out what your loan options really are.

If you are looking to remortgage your house when you currently do not have a mortgage then First Choice Finance is here to help, offering highly competitive mortgage rates. Many home owners who have paid off their mortgage are over the age of 55, this can limit mortgage options with some lender reluctant to lend to older people. First Choice Finance here could still offer you many mortgage options available for people over the age of 55 with many remortgage deals available to them, even if they are retired .

Another option for home owners who have a large amount of equity in their home is equity release, these include lifetime mortgage or reverse mortgages, both these options allow you the home owner to release equity from your house for use for almost any purpose and you can choose to pay the interest or not make repayments and have it added to the loan.

Remortgaging Your Home To Purchase A Buy To Let Property

If you own your house outright and looking to enter the buy to let property arena, then remortgaging your home may offer a better rate than purchasing the buy to let house with a BTL mortgage. A drawback to using your house is the mortgage is secured on your home which is at risk if you do not keep up repayments on your mortgage.

First Choice Finance is a long established mortgage business for people looking for a smooth, convenient way to get low cost remortgage rates and terms for their needs. Couple this with our commitment to customer service and you can understand why we have earnt the reputation in the mortgage industry as a highly competitive national mortgage intermediary.

Here at First Choice Finance we arrange some fantastic mortgage plans with lenders with names you will easily recognise as well as some mortgage lenders who are not available on the high street - this help us give you access to lenders offering top rates for your circumstances, perhaps even when you have been refused or declined a remortgage or loan elsewhere.

At First Choice Finance our lenders offer the consumer a variety of products via our advice, which include first mortgages, fixed and variable mortgages, homeowner loans, secured loans (second mortgages) personal loans and guarantor loans.

We are committed to helping people realise their dream of using their equity as they wish through remortgaging or obtaining home ownership through a purchase mortgage and we hope this is reflected in our business model in the wide variety of deals our lenders offer.

Security is required on immovable property.

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home

First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014-2018.

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First Choice Finance helping people find loans for any purpose with loan plans for home owners and tenents and for all credit profiles good fair and poor apply online and receive a no obligation free loan quote.

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