Message from Castle Trust
When raising capital via a remortgage, the “marginal rate” of borrowing can be greater than you think when the interest rate increases due to the hike in LTV.
Instead a second charge could prove to be a viable alternative to a remortgage, particularly with Castle Trust where there are no monthly payments and no additional stress test on the rental calculation.
So take a look at our remortgage calculator and work out the marginal cost of a remortgage.
Try our remortgage calculator now >>
Download Cost of Remortgaging Infographic >>
To discuss a case, call 0845 241 0252.