Remortgaging
Time to review your mortgage?
When a fixed or tracker deal ends, most lenders move you onto their standard variable rate. That is a good moment to review what else is available. We look at your current deal, the wider market and your plans, then explain the realistic options.
Who this is for
- Your current deal is ending in the next six months
- You are already on a standard variable rate
- Your circumstances have changed since you took the mortgage
- You want to borrow more against your home
- You want to change the term or the type of mortgage
How we help.
Reviewing where you are now
We look at your current lender, rate, remaining balance, term and any charges for leaving early.
Comparing the market
We compare lenders across the market and also consider what your existing lender can offer, so you can see the full picture rather than one option.
Raising additional funds
If you are looking to borrow more, for home improvements for example, we explain how lenders assess that and what it means for your payments.
Handling the switch
We prepare the application and manage the paperwork so the new deal is in place in good time.
Worth knowing
before you start.
- Leaving a deal early can trigger an early repayment charge (ERC). We check this first.
- A remortgage is a new application, so income and outgoings are assessed again.
- Fees, legal costs and valuation arrangements all affect the true cost of a deal, not just the headline rate.
- Starting around six months before your deal ends usually leaves enough time.
Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured against it.
What happens next
Start with a conversation.
Tell us what you are planning. We will explain the options, tell you what we need, and aim to come back to you the same day.
Common questions
Around six months before your current deal ends is a sensible time to review. That leaves room to arrange a new deal without slipping onto a standard variable rate.
It might, but that depends entirely on your current deal, the market at the time and any fees involved. We will explain the numbers clearly rather than promise a saving.
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Let's talk about
your mortgage.
Tell us what you're planning. We'll explain what happens next and aim to come back to you the same day.
Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured against it.