In plain English
When your current deal ends, most lenders move you onto their standard variable rate, which is often higher. Remortgaging means switching to a new deal before that happens, either with your current lender or a new one. It can also be a chance to borrow more or change how long your mortgage runs for.
A good fit if…
Your fixed or tracker deal ends in the next six months, or you think you’re paying more than you need to.
Worth asking us about
Early repayment charges, borrowing more for home improvements, and whether your life cover still matches your mortgage.
Questions people ask us
When should I start looking?
Around six months before your current deal ends. Many lenders let you secure a new rate months in advance, so you aren’t rushed.
Will I have to pay to leave my current deal?
If you leave during a fixed or discounted period, you may have to pay an early repayment charge. We’ll check your current terms and work out whether switching still saves you money.
Should I just take my lender’s renewal offer?
Sometimes it’s the best option, sometimes it isn’t. We compare it against the wider market so you can decide with the full picture.
Can I borrow more when I remortgage?
Often, yes, subject to the lender’s criteria and affordability checks. People commonly use it for home improvements. We’ll talk through whether it’s the right way to do it.
How it works
- Drop us a message
- Have a proper chat
- We keep looking after you