Suite 120 Railway House, 14 Chertsey Road Woking, United Kingdom, GU21 5AH,
First class service! Straight forward to deal with, answered all questions quickly and a speedy turn around to mortgage offer being issued. I cannot recommend AJMS and the Team highly enough. I would…
Thank you so much to AJMS for helping out with my recent remortgage. Always available on his mobile to answer any questions I had and made the whole process as stress free as possible for me. I would…
AJMS was extremely helpful in arranging my remortgage. His excellent knowledge allows him to provide a fast, efficient and professional service. Previously I have tried to arrange these myself which …
Highly recommended explained everything well, went to and from the lender so many times making sure all was agreed before spending my money on a survey 5 star amazing service!
Thank you AJMS for helping us with our mortgage! We really appreciate your patience and for always being at the end of the phone to answer any questions no matter how big or small!
Thank you so much to AJMS for helping out with my recent remortgage. Always available on his mobile to answer any questions I had and made the whole process as stress free as possible for me. I would definitely recommend him to friends and family!
“I received protection advice from Brian at AJMS and we proceeded to arrange various insurances for myself & my partner. I am very happy with the service I received and the policy I was recommended, I wouldn’t hesitate to recommend Brian’s services to anyone looking to arrange their personal insurance. “
AJMS has been our mortgage/financial advisor for many years now. His knowledge and expertise is second to none and I can’t recommend his services enough!
Alexander James Mortgage Services - The Best Woking Mortgage Brokers
AJMS is extremely knowledgeable, professional, supportive and well versed in many financial services, including but not limited to Mortgages. I would highly recommend you engage with him and his company to assist with your financial needs and mortgage application. A one stop shop in financial services with friendly advice and exceptional service delivery. Happy Customer !!
Alexander James Mortgage Services - Woking Mortgage Brokers
AJMS has been very helpful and knowledgeable helping me out get the mortgage to get my first house. His knowledge does not only limit on mortgage but broader financial areas. I was a happy customer and would definitely ask him for your help if I will need to get more properties with mortgages or advice on financial planning.
I used AJMS over the course of the years for my property purchases. In all my dealings with him he has always given me impartial advice and in my opinion found the best rates on the market. I would recommend AJMS as an honest and genuine financial adviser.
We were recommended to use the services of Alexander James Mortgage Services by our then financial adviser.
In retrospect, this was an excellent recommendation as AJMS provided an outstanding service.
We were so impressed with the service that AJMS provided that when our youngest daughter decided to purchase a flat, we again secured the services of AJMS.
Who provided a first class service in helping her obtain a very competitive mortgage and appropriate life, critical illness, contents and health insurance cover.
And in the future will help her to set up a private pension fund.
So to anyone looking for sound, sensible and straightforward financial advice, we all recommend Alexander James Mortgage Services.”
Suite 120 Railway House, 14 Chertsey Road Woking, United Kingdom, GU21 5AH,
Let’s be honest: thinking about your mortgage is rarely the highlight of your week. It’s right up there with filing your tax return or realising you’ve run out of milk just as the kettle boils. We get it. The world of interest rates, equity, and "Standard Variable Rates" can feel completely overwhelming, especially with the market shifting as it has lately.
But here’s the good news! Remortgaging doesn't have to be a headache. In fact, if done correctly, it’s one of the most effective ways to put some serious money back into your pocket. Think of it like swapping that expensive daily high-street latte for a home-brewed version: except instead of saving a few pounds a week, you could be saving hundreds of pounds a month.
At Alexander James Mortgage Services (AJMS), we’ve helped countless neighbours in Woking, Camberley, and Guildford navigate these waters. We’re not just here to crunch numbers; we’re here to be that friendly guide-on-the-shoulder, making sure you don’t trip over any hidden pitfalls.
If you’ve been asking yourself, "Why should I remortgage and when?", you’re in the right place. Here are 10 essential things every Woking homeowner should know before they start.
If your current fixed-rate deal is ending, don’t wait until the final month to start looking. We always recommend starting the process six months before your deal expires.
Why so early? Because it gives us plenty of time to scan the market and lock in a rate. If rates happen to drop while your application is processing, we can often switch you to the lower rate before you complete. It’s a win-win! It also relieves the stress of a last-minute scramble, which is the last thing you need when you’re busy with work and life in Woking.
When your fixed deal ends, your lender will automatically move you onto their Standard Variable Rate (SVR). In the industry, we sometimes think of this as the "zombie" rate: it’s expensive, it’s scary, and it will eat away at your savings!
SVRs are typically much higher than fixed-rate deals. Moving from a competitive rate to an SVR could see your monthly payments jump significantly. Our goal is to make sure you never spend a single day on an SVR if we can help it.
Before you jump ship to a new lender, we need to look at your current mortgage's Early Repayment Charges (ERCs). Think of this as the "break-up fee" for leaving your current lender before the contract is officially over.
Sometimes, even if a new rate is much lower, the cost of the ERC might mean it’s better to wait a few more months. We’ll help you do the math to ensure that switching actually saves you money in the long run.
One of the best pieces of remortgage advice we can give is that a mortgage offer is usually valid for three to six months. You can secure a deal today to protect yourself against future rate rises. However, we’re always keeping a watchful eye on the market. If a better deal pops up in Camberley or Guildford's lending circles before your current one ends, we can usually pivot. It’s all about staying flexible!
It’s easy to get distracted by a flashy, low-interest rate, but you have to look at the "total cost of the loan." Many deals come with:
We’ll help you compare a deal with a 5.2% rate and no fees against a 4.9% rate with a £1,500 fee to see which one actually leaves you better off. Knowledge and expertise are second to none when it comes to these calculations!
Your "Loan to Value" (LTV) is a fancy way of saying how much you owe compared to what your house is worth. If your Woking home has shot up in value since you bought it (which many have!), you might find yourself in a lower LTV bracket.
Lenders reserve their absolute best rates for people with more equity (usually 20% or more). Before we start, it’s worth checking recent sales on your street to get an idea of your home’s current value. It might be time to celebrate: your "paper wealth" could be the key to a much cheaper mortgage!
If you walk into your local high street bank in Woking, they can only tell you about their products. It’s like going to a car dealership that only sells one brand; they’re never going to tell you the guy down the road has a better deal.
As an impartial mortgage broker in Camberley and Woking, we have access to a huge panel of lenders, including some "broker-exclusive" deals you won't find on the high street. We work for you, not the bank. Our job is to find the right fit for your specific life goals, whether that's a state-of-the-art kitchen or just lower monthly bills.
Since remortgaging involves a "hard" credit check, it’s a good idea to make sure your credit report is looking its best. Simple things like ensuring you’re on the electoral roll at your Woking address and making sure there are no errors on your report can make a big difference. Don’t worry; we can talk you through how to do this without the stress!
Remortgaging isn't just about saving money on interest; it can also be a tool to release cash. Many Woking homeowners remortgage to fund:
If you’re a landlord, remortgaging for landlords is also a great way to expand your portfolio. Whatever your goal, we’ll help you see if the equity in your home can make it happen.
The most important thing to know is that you don’t have to spend your evenings staring at spreadsheets and confusing comparison sites.
Whether you need a mortgage advisor in Woking, a mortgage broker in Camberley, or a mortgage advisor in Guildford, we are right here in your community. We pride ourselves on being Woking's best mortgage brokers, providing professional service with a personal touch.
We love what we do because we love helping our neighbours. Don't just take our word for it: check out what others have said about their experience with us:
Navigating the mortgage market doesn't have to be a solo mission. Whether you're a first-time remortgager or a seasoned pro, we’re here to relieve the stress and find the deal that makes sense for you.
If you're looking for expert remortgage advice, let's have a natter. We can meet virtually or in person to go through your options and see how much we can save you. It’s time to take control of your finances and get back to enjoying life in beautiful Woking!
Get in touch with Nigel and the team today at Alexander James Mortgage Services. We’re always here to help!
Visit our News and Expert Advice page for more tips or read more about our fantastic service.