Get a better remortgage deal without the legwork

Remortgaging means switching your mortgage to a new deal, either with your current lender or a different one. The most common trigger is your fixed rate ending and your lender moving you onto their SVR. You should also consider it if rates have dropped significantly, you want to release equity, or your financial situation has changed since you took out the original mortgage.

It depends on the gap between your current rate and what's available, your remaining balance and term, and the costs involved in switching. Our clients save £2,400 on average each year. We'll calculate your exact saving, including factoring in fees, before you commit to anything.

Common costs include arrangement fees (often £0 to £2,000), valuation fees (often free), legal fees (often free), and potentially an early repayment charge if you're still in a fixed-rate period. Many lenders offer fee-free remortgage packages. We'll tell you the total cost of switching versus staying put.

Yes. If your property is worth more than you originally paid, you may be able to remortgage for a larger amount and take the difference as cash. Common uses are home improvements, debt consolidation, or funding a large purchase. The amount you can release depends on your property value, outstanding balance and your income.

Most remortgages complete in four to eight weeks from application. We recommend starting the process three to six months before your current deal ends, that way you're not left on the SVR for any longer than necessary.

Usually yes, but most lenders include a free valuation as part of their remortgage package. In some cases they'll use an automated desktop valuation, which can speed things up.

Staying with your current lender (called a product transfer) is faster and involves fewer checks, but it rarely gives you the best rate available in the market. We always compare your lender's retention offers against the wider market. Most of the time, switching saves you more.

Your lender moves you onto their Standard Variable Rate, which is almost always significantly higher than fixed rates. This is the most expensive thing you can do by accident. Get the remortgage process started three to six months before your deal ends and you can lock in a new rate before the SVR kicks in.

Changed income, new dependants, a period of adverse credit, or becoming self-employed can all affect your options, but they don't necessarily block you from remortgaging. We have access to lenders who deal with complex situations day in, day out. Tell us what's changed and we'll tell you what's possible.