Homeowners encouraged to remortgage | Winston Solicitors
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Homeowners encouraged to remortgage

Jonathan Winston Jonathan Winston
2 min read

New analysis from HSBC provides good news for those people who bought their homes between 2006 and 2008. It suggests that people in this position may be able to switch to cheaper loans as the equity in their property has risen during the past year.

The analysis finds that due to low interest rates and rising house prices, a person who bought their home in April 2006 has increased the amount of equity from 17% last year to 25%. The increase means that homeowners can now apply for mortgages with a lower loan-to-value thereby cutting the cost of their monthly repayments.

The HSBC figures are based on 25-year repayment mortgages and house prices collected by the Land Registry. Head of mortgages at HSBC, Martijn van der Heijden said: “This analysis just shows how important the rebound in house prices have been for existing homeowners. Whether they have any intention to sell or not, rebuilding the equity in their homes is an essential element in gaining access to lower rates when they come to remortgage.”

https://www.theguardian.com/money/2010/may/25/homeowners-remortgage-equity-rebound

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I can’t speak highly enough of Sidraa at Winston Solicitors for her exceptional support throughout my house purchase. From start to finish, she has been absolutely brilliant. Her prompt responses, attention to detail, and professionalism made a stressful process feel manageable and smooth. This is actually the second time I’ve used Winston Solicitors, and once again, they have been great. Consistent, reliable, and professional and Sidraa in particular truly went above and beyond. She was always kind, polite, and incredibly approachable, nothing ever felt like too much trouble. Even when dealing with a particularly difficult chain and the added pressure of a new stamp duty deadline, she worked tirelessly to get everything done on time. She responded to queries even out of hours, always called back when she said she would, and genuinely made me feel like a priority. What really stood out to me was her dedication — despite having preplanned annual leave for Eid, she still tried to keep things moving, which shows how committed she is to her clients. Her communication was clear and consistent, and she made a complex process feel a lot less daunting. I felt fully supported and in safe hands throughout. If you're looking for a solicitor who is professional, caring, and truly exceptional at what she does, Sidraa at Winston Solicitors is the one to go to. I’m incredibly grateful for everything she did and wouldn’t hesitate to work with her again or recommend her to others. - April 2025
I Younas, Leeds
I would really like to thank both Amr and his assistant Joe. Throughout the whole process they kept me informed, nothing was ever too much. I am a first time buyer, this was a very stressful time but both members of staff made me feel at ease that it would get sorted. Thank you so much both!
Y Hinton, Leeds
Leasa and Julie were fantastic at helping us buy and sell our house. They were punctual, and kept us up to date with what was going on. Their online platform was clear to follow. Leasa's email response time was rapid, this was incredibly valuable. - March 2025
J Salthouse, Leeds
Superb service from a knowledgeable and professional team.The sale of my property was as far from straight forward as you could get, yet they handled everything perfectly. This made the process less stressful as i had the confidence in them to get it sorted!
Amy
2nd time using Winstons. 1st time was for a purchase and 2nd time was for a Sale. Sidra and Tom kept me updated at each stage of the process. We're very prompt in their responses and completed both times in a timely manner. Would highly recommend for conveyancing services
Farhana
Professional, prompt and courteous service throughout the sale process. - March 2025
Ian M, Leeds
Leasa and Julie did a great job. They were very prompt to answer our questions (even more prompt that we expected). They informed us very clearly in each step. We are very happy with the service they provided. - March 2025
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Your service has fantastic and i honestly cant see room for improvement. Sidra razak has been absolutely so helpful and has made the whole process so easy.i would definitely recommend this firm to my family and friends.thank you - March 2025
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