Finding a new deal at the end of your fixed rate or remortgaging to access equity from your home can be time-consuming and stressful. Staying with your existing lender might seem more straightforward, but it's not always the best scenario. You may be able to save money by switching to a new mortgage provider, so it's always worth assessing the alternatives. We'll search and evaluate the options to find you the most favourable remortgage product.
We'll take the time and hassle out of the remortgage process and find you the deal most suited to your needs.
Whether you’re coming to the end of a fixed rate, looking to secure a better deal, or wanting to increase your borrowing, there’s more to consider than the headline mortgage rate. For example, the lender’s fee, mortgage term and type of mortgage are all important considerations. So when assessing your options, we’ll consider all factors and only advise on what’s right for your circumstances.
When interest rates fluctuate, remortgaging can make longer-term financial sense even if you’re locked into a fixed term. We can help you determine if this is the case. We’ll review your current mortgage, assess the alternatives and advise on whether it’s worth switching.
It's a good idea to start planning your remortgage about six months before you need it. We recommend this timeframe because it can take several months to process an application. Also, when interest rates are rising, you could benefit by securing a rate at the current level.
Because we play by the book we want to tell you that...
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
You may have to pay an early repayment charge to your existing lender if you remortgage.