Remortages

Reviewing your mortgage regularly is a smart way to ensure you're getting the best deal. Remortgaging can help lower your monthly payments, secure a more competitive interest rate, or even reduce the term of your loan, helping you pay off your mortgage faster.

One of the biggest mistakes homeowners make is letting their mortgage roll onto the lender's Standard Variable Rate (SVR), which can be much higher than other options. Remortgaging gives you the opportunity to secure a better rate, raise funds for home improvements, or even consolidate existing debts, all while keeping your financial goals on track.

We have the ability to lock rates in for clients up to 6 months before their existing mortgage renewal date, and then facilitate any application rate reductions in the preceding months. This is particularly beneficial in terms of uncertainty and such volatile markets.

Let us help you find the right remortgage solution tailored to your needs.

  Frequently Asked Questions

  • You might consider remortgaging if your current deal is ending, if you're on your lender’s standard variable rate (SVR), or if you want to reduce your monthly payments. It’s also worth exploring if you need to borrow additional funds for home improvements or other major expenses.

  • Yes, it’s possible to remortgage even if your financial situation has changed, though your options may depend on factors like your income, credit history, and property value. We can work with you to find lenders that fit your current circumstances.

  • Potential costs include early repayment charges (if leaving your current deal early), valuation fees, legal fees, and arrangement fees for the new mortgage. We’ll help you understand these costs and find a deal that offers the best overall value for your situation.

  • Yes, remortgaging can allow you to release equity, which is the difference between your property’s value and your remaining mortgage balance. This can provide funds for home improvements, debt consolidation, or other large expenses.

  • The remortgaging process typically takes 4-8 weeks, depending on factors like the complexity of your application and how quickly documents are submitted. We’ll guide you through each step and ensure everything moves as smoothly and efficiently as possible.

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