Remortgages
Thinking about remortgaging? You could save thousands by switching to a better deal, we'll show you exactly what's available.
A remortgage is when you switch your existing mortgage to a new deal, either with your current lender or a different one. The most common reason is that a fixed rate or tracker deal is coming to an end, and without action, you will automatically roll onto your lender’s standard variable rate (SVR), which is typically 1–2% higher than competitive fixed rates and can add hundreds of pounds to your monthly payments. For more information, see the FCA guidance on mortgage advice.
As whole-of-market mortgage brokers, we compare every remortgage deal across the full lending market to find the most competitive rate available for your loan-to-value, credit profile, and circumstances. We handle the entire process, from identifying the right deal to managing the application and legal transfer.
Why do people remortgage?
Current fixed rate is ending, the most common reason. Moving to a new deal before your rate expires avoids the SVR and secures competitive monthly payments.
Release equity, if your property has increased in value, you may be able to remortgage to a higher loan amount and release cash for home improvements, debt consolidation, or other purposes.
Lower loan-to-value, if you have paid down your mortgage or your property has risen in value, you may now qualify for a lower LTV tier with better rates.
Change mortgage term, you may want to extend or shorten the remaining term to adjust your monthly payments.
Switch from interest-only to repayment, or vice versa, depending on your financial goals.
Better flexibility, some lenders offer features like offset accounts, payment holidays, or overpayment allowances that your current deal does not.
How much could I save by remortgaging?
The savings depend on how far your current rate is above the market. If you are currently on a standard variable rate of 7–8%, switching to a competitive 2-year fixed rate of around 4.5% on a £200,000 mortgage could save you approximately £300–£400 per month. Even a 0.5% reduction makes a meaningful difference over the life of a mortgage.
We will give you a clear comparison of your current payments against the best available deals before you commit to anything, so you can see exactly what you stand to save.
If your fixed rate is coming up to an end then you should look to review this sooner rather than later
You can start reviewing your remortgage options up to 6 months before your current deal expires, and we strongly recommend doing so. Many lenders allow you to secure a new deal in advance and lock in a rate while still benefiting from your existing deal until it ends. This means you are protected if rates rise in the interim.
If your deal has already expired and you are on your lender’s standard variable rate, you can remortgage at any time. There are usually no early repayment charges once you are on the SVR, making it straightforward to switch.
If you are still within a fixed or tracker period, switching early may incur an early repayment charge (ERC). We will calculate whether the savings from switching outweigh the ERC cost before recommending you move.
Don't leave it too late to review your options, get in touch today so that we can help to ensure the process is as smooth as possible.
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What We Do For You
Source The Best Deals
We compare every remortgage deal from over 90 lenders, including exclusive broker-only products not available on comparison sites. We will identify the most competitive rate for your loan-to-value and circumstances, and show you clearly what you stand to save before you commit to anything.
Provide Additional Services
Remortgaging can also be an opportunity to review your life insurance and critical illness cover, particularly if your circumstances have changed since you took out your original mortgage. We can advise on any protection products that may be relevant to your situation.
Work Quickly and Efficiently
We move quickly to avoid your rate expiring without a deal in place. We can identify the best available options and submit your application promptly. Most straightforward remortgage applications take 2–4 weeks from application to completion of the switch.
Remortgages
Whether your fixed rate is ending soon, you want to release equity, or you’re simply wondering if you could be on a better deal, get in touch today. We will review your current mortgage, compare it against the market, and give you an honest assessment of your options, completely free of charge.