Remortgage · Cesano Maderno and Brianza
Remortgaging (surroga): what you actually save, in euros
If you are paying an instalment built on a market that no longer exists, a remortgage moves the loan to another bank without touching the house. By law it costs you nothing. But the sums come first, and they are not a comparison of two percentages.
Ci ha seguito passo dopo passo nell'ottenimento del nostro primo mutuo
- Kìron Partner S.p.A. · OAM no. M39
- More than 20 partner lenders
- 25 years of experience
This is for you if
You have a mortgage running and the payment was built on terms that are now out of date, or the variable rate has stopped being predictable.
How it works
I find the bank willing to take on your mortgage on better terms and handle the transfer: the two lenders deal with each other, you sign once.
What you get
The difference in euros between staying and moving, and the transfer managed through to the deed. At no cost, as the law provides.
- What it costsNothing, by law: no penalties, and costs and notary paid by the new bank (Decree-Law 7/2007).
- How long it takesThirty to forty-five days, with one signature.
- What you can changeRate, remaining term and type of rate. Not the amount: that takes a different transaction.
- First assessmentFree and with no commitment: we look at whether it is feasible, at no cost and with no obligation to proceed.
On your own, or with me
The same mortgage, two ways of looking at it
On your own
- You compare your rate with one you saw in an advert
- You cannot tell how much the remaining years weigh
- Your bank offers to renegotiate and you have no yardstick
- You risk confusing a remortgage with a replacement loan
With me
- The sums done on your actual balance, rate and term
- The total you would pay staying, and the total moving
- The counter-offer measured against the others
- I tell you straight away which of the two you are in
The saving cannot be written here: it depends on the balance, the current rate and the years remaining. With those three numbers I can do the sums on the phone in ten minutes.
Start here
How the consultation works
- 1You give me three numbersOutstanding balance, current rate, years remaining. Enough for the first calculation, over the phone.
- 2The comparisonI check which banks offer the best terms on your particular balance and term, and which absorb the valuation fee.
- 3Through to signingThe new bank handles the transfer with the old one, I keep the timings moving and see you through the signature.
FAQ
Frequently asked questions
Is remortgaging really free?
For the customer, yes. Decree-Law 7/2007, known as the Bersani decree, bans penalties and puts the cost of the transaction, including the notary, on the new bank. There may be a valuation fee, which many lenders absorb: I tell you beforehand, bank by bank.
Can my bank object or drag its feet?
No, it cannot refuse the transfer or obstruct it. It can offer you a renegotiation to keep you: that happens often and is sometimes the best offer on the table. I compare it with the others and tell you which number is lower.
Can I change the term and the type of rate too?
Yes, both. You can switch from variable to fixed or the other way round and shorten or lengthen the term. Bear in mind that lengthening lowers the payment but raises the total interest: I show you both schedules side by side.
Can I also borrow more?
Not with a remortgage, which transfers only the outstanding balance. To borrow more you need a replacement loan: in that case the notary costs are yours and the property is revalued. We can look at whether the sums work.
Other services: Mutuo prima casaMutuo seconda casaConsolidamento debitiCessione del quintoMutuo ristrutturazione
Who handles your case
Calogero Fortunato
Owner of the Kìron agency in Cesano Maderno · Credit broker
I have been doing this for 25 years. In that time I have learned one thing that really matters: the difference between a yes and a no almost never lies with the client, it lies in which bank reads their situation and how it is put to them.
- Kìron Partner S.p.A. — credit broker registered with the OAM under no. M39
- Via Borromeo, 29 · 20811 Cesano Maderno (MB)
- By appointment, including outside office hours for those working in Milan