Getting a remortgage can be a difficult process. What was already a long and anxious journey for many homeowners has become an even bumpier road with new lending guidelines for mortgage and remortgage lending. The Mortgage Market Review, which was instated early of last year, requires more detailed and intimate information of a borrower’s spending and saving habits. This makes getting an approval a longer process, more paperwork for lender and borrower, and more work for the borrower to discover the right lender for their unique needs.

The missing piece to the remortgage puzzle could be a remortgage broker. Brokers are separate and different from a lender. They work not for the lender, but for the homeowner or home buyer if it is a mortgage broker. They work with a variety of lenders and have a unique set of skills in matching up the right lender with the right borrower and deal.

Remortgage brokers will seek out the lender that is most likely to offer and approve a borrower’s application. This can save time for the borrower in most cases. They will assist the homeowner in completing the application, gathering the necessary paperwork and data, and help fend off roadblocks to an approval.

They also have access to many deals that are not offered directly to customers. A remortgage broker could have the right remortgage from the right lender just in time to grab one of the very low interest rates on the market. Grab the missing piece to your remortgage needs by taking on a qualified remortgage broker.