Knowledge Center

Browse the answers to some common questions

How do I remortgage

People think it’s more complicated than it is. At Sussd we have designed and developed a unique hassle-free application process. We have built our bespoke platform designed to ensure an application is so simple that it can be completed easily from your phone. Our system does a lot of the work for you.

Simply input some general details and answer a few quick questions and we’ll move fast to get you sorted.

Our technology will search online for an optimal mortgage deal to suit your needs and our mortgage advisors will also negotiate with our lenders to get your loan approval sorted quickly.

We recommend that you progress a few steps to get started:

  • Check your existing mortgage. Find out what kind of mortgage are you on? What’s your interest rate, your monthly payments and the remaining balance on the mortgage loan.
  • Compare your rate and payments on our monthly calculator. See how much you can save or if you can reduce your term by maintaining the same monthly payment.
  • Start your application now. Follow our step by step process so we can quickly get your details and see what options are best for you.
  • Have a 20-minute zoom call. Once we have got some initial details we can discuss your preferred options and help you with any questions you may have.
  • Check with your lender. Often some lenders have offerings that are not widely advertised. Check with them first to see if you can improve your rate before switching.
  • Make your mortgage application. We’ll have a lot of your details saved so a lot of this work is done already. When you are happy to progress then simply upload some documentation utilising our bespoke personal dashboard.
  • Contact your solicitor. Re-mortgaging will require some legal work to be completed for the new lender. This fee is generally smaller than the initial fee charged when the property was originally purchased. These fees can range from €1,000- €1,500 depending on the solicitor and work involved. We often see these fees covered by lenders so check with us as we may be able to get any fees covered by the lender as part of your approval. Even if they were not covered, in general, the savings we see from switching would ensure that this outlay is covered in your first year’s savings.