How much can you Remortgage a House for

The TMB Mortgage Business

While TMB no longer accepts new transactions, you can be sure that your existing TMB mortgages will remain inviolable. What effect will a changed interest rates have on my mortgages? When you have a floating interest and there is a variation in the interest rates of the British Central Bank, we can modify your interest and if we do so, we will re-calculate your total amount of your loan.

Is my loan repayments per month going to vary? The interest on your TMB mortgages is the interest you pay on your mortgages. Interest rates can vary and if so, the amount of your loan will vary with it. When you have a floating interest and there is a variation in the interest rates of the British Central bank, we can modify your interest and if we do so, we will re-calculate your total amount of your loan.

When you are at a set interest and there is a modification to the bank rates of the B.E., your total amount of your loan may not be re-calculated. Is it possible to modify my acceptance giro? We can only modify your credit entry after receipt of your money if your money is due within the next 5 working days.

Which are my prepayment penalties? When you have a permanent or trackers mortgages and are still within the permanent or trackers interest periods, there may be a prepayment penalty if you pay back the mortgages within this time. For more information, please see your current mortgages offering.

When you have a Buy to Let mortgages, you can transfer your mortgages to Birmingham Midshires. They would have to comply with their credit policies at the moment of application. Please note that early redemption fees may be charged. How soon will I get my mortgageslip? Flat-rate payments are when you repay part of your loans with a one-time overpayment.

In order to agree a flat fee or a periodic excess charge, call us at 0345 725 3253. If you make a lump-sum excess repayment during a prepayment penalty, you may have to make a prepayment penalty. You can make indefinite excess payments if your interest charge is not covered by a prepayment penalty.

Do I want to raise my money now? Which other charges do I have to pay for my hypothec? How can I find a mortgages advisor? You will be able to find out about the available mortgages from your nearest mortgages advisor. To find a locally based expert consultant, call IFA Promotion Ltd. at 0800 0853 250.

Ensure that you only seek guidance from a BCA-approved expert. To find out more about the FCA Registry and to see if your expert advisor is included, visit the FCA website. Call rates differ by operator. Mortgage Business plc. Incorporated in England and Wales No. 1997277.