KINGDOM MORTGAGES
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HOME IMPROVEMENT MORTGAGES
Release equity from your home to fund your dream renovation project
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FREE Impartial Mortgage Advice
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Search the whole mortgage market
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No lengthy appointments or paperwork
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Quick personalised no obligation quotes
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Speak with an Adviser today to discuss your options
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Remortgage to fund home Improvements
If you are looking to make improvements to your home, often the easiest and most cost-effective way to raise finance is through a remortgage, effectively borrowing additional funds against the value of your home. This is because the interest rates you pay on a mortgage are significantly lower than other forms of finance, such as secured homeowner loans, second charge loans or bridging finance.
You can borrow additional funds for any project, no matter how big or small. From simply needing new windows or a kitchen, creating that new loft conversion, to full blown 2 storey extensions or finally landscaping that tired looking garden. Whatever the project we can help.
How does it work?
Let’s say you require £100,000 to fund a new extension and you have an existing mortgage of £150,000. You could apply for a new remortgage for £250,000 then use the additional £100,000 to pay for the new extension. The surplus funds will be paid directly into your bank account when the remortgage completes.
Pretty much all mortgage lenders will allow remortgages for home improvements, but affordability and lending criteria can vary widely from lender to lender, so it's important to seek expert mortgage advice to secure the best home improvement remortgage for your project.
It's important to note that the new mortgage will be assessed against the current value of your property, not the future value once the works are done. Some lenders will only allow you to remortgage back up to 85% of the value of your property while others may go up to 95%. Some lenders require more information than others depending on the type of improvements planned, and what stage you're at. Which is why using an experienced broker to navigate criteria and mortgage options will always save you time and money.
Call us today and speak to an expert regarding your new home improvement project. We here to help, we will always listen to your questions and take time to explain your options. There is never any obligation to proceed with our advice.
So, you are looking to raise money for home improvements and naturally you have questions...
Honestly, a quick five-minute call with an adviser can answer all your questions and save you from hours of internet scrolling trying to figure things out for yourself. Our advice is completely FREE and we're always happy to answer any queries you have, no matter how early on you are in the process.
We’re not here to sell you anything; we’re regulated FCA mortgage advisers and provide clear, straightforward, informative advice so you can make an informed decision. Our aim is to give you the best advice and help you access the best rates.
Part of the Award Winning Stonebridge Mortgage Network
Customer Testimonials
We are nothing without our customers, we've built our business by always going above and beyond and doing a good job, in turn our customers frequently recommend us to their friends and family.
Natalie O'Sullivan:
"Fantastic support! Russell really listened and understood our requirements working diligently to get us the best deal and taking all the stress out of what had become a very stressful process through our original lender"
Clare Brown:
"Great experience using Kingdom Mortgages. Very helpful and knowledgeable throughout the whole process. I highly recommend and will be using again. Thank you."
Joel Pearce:
"Fantastic service. Made getting a mortgage simple and stress-free. Can't recommend enough."
ABOUT US
Kingdom Mortgages are a whole of market national mortgage broker. Unlike some other brokers, who may be tied to a small panel of lenders, Kingdom Mortgages are able to search the whole mortgage market to find you the best deal. We are a member of the Stonebridge Mortgage Group which is one of the fastest growing mortgage networks in the UK, giving us access to 100’s of exclusive deals from top lenders that you won’t find direct or in branch.
Some mortgage brokers will charge you a fee for their advice. However, due to the way we work, mainly over the telephone and via email, we are able to offer our clients a completely fee FREE service. We do however receive a fee from the lender once the mortgage completes.
We always aim to put you first. We will listen to your needs and objectives then advise you on the most suitable mortgage products. As part of our service and commitment to our clients, we can also give fee free advice on mortgage protection products such as life insurance and critical illness cover, along with general insurance such as home insurance.