Types of Mortgages & Transactions:

There are different types of mortgages available. This is to suit many different situations / lifestyle requirements. These are some of the most popular mortgages explained. Click on the type for more of an explanation:

Remortgaging is in simple terms the process of switching your existing mortgage to a new one, usually with a different lender.

You secure a new mortgage against your property and use the money from this to repay the previous existing mortgage, effectively transferring it. Introductory offers can often mean that the rates available at present are lower than those agreed for your mortgage when you took it out.

Reasons to remortgage:

Save money - reduce your mortgage outgoings

Consolidation Debt/Loans - All loans/debts into one mortgage

Capital raising - Releasing the positive equity in your home for Home Improvements, Car purchase, Holidays, pay for a Wedding or perhaps buy a business

Think carefully before securing other debts against your home.

Your home may be repossessed if you do not keep up repayments on your mortgage

Think carefully before securing other debts against your home.

Your home may be repossessed if you do not keep up repayments on your mortgage.

For mortgage advice you can choose how we are paid: pay a fee, usually 1% of the loan amount or we can accept commission from the lender Majestic Finance Plus Limited is an Appointed Representative of Sesame Ltd which is authorised and regulated by the Financial Services Authority.

Commercial mortgages, buy to let and foreign mortgages are not regulated by the FSA.

Commercial and foreign mortgages are not arranged via Sesame. Changes in the exchange rate may increase the sterling equivalent of your debt.

Sesame is entered on the FSA register (www.fsa.gov.uk/register) under reference 150427.

The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore restricted to consumers within the UK