FAQ's

A remortgage is when you switch your current mortgage to a new deal — either with your existing lender (called a product transfer) or with a different lender. This can help reduce your monthly payments, release equity, or avoid your lender’s higher standard variable rate (SVR).

Ideally, 3–6 months before your current deal ends. This gives time to find the best rate and avoid rolling onto your lender's SVR, which is often much more expensive.

Yes — but there may be early repayment charges (ERCs) if you're still in your fixed or tracker period. In some cases, the long-term savings still make it worthwhile.

Absolutely. You can either stay with your current lender (a product transfer) or move to another lender for a better rate or different terms.

Yes and we help self-employed clients remortgage regularly. Lenders typically want 1–2 years of accounts or tax returns to assess your affordability.

Yes while options may be more limited, we work with specialist lenders who accept CCJs, defaults, or historic credit issues.

Yes this is known as capital raising or equity release. You may be able to borrow more for home improvements, debt consolidation, or even to help family get on the ladder.

Not always but using a broker means you’ll access 100+ lenders, including deals not available directly. Plus, we handle the paperwork, lender negotiations, and ensure you don’t miss key deadlines.

Yes, but you will usually pay an early repayment charge. Some lenders allow you to remortgage early without an ERC,, but this will need to be checked first. Most people apply up to six months before their deal ends so the new mortgage starts the day the old deal finishes.

Most lenders want at least 5% to 10% equity, and the best rates usually start at 25% to 40%. Lenders often cap borrowing to release equity at a lower loan-to-value than for a like-for-like remortgage.

Most lenders run a soft search for a decision in principle and a hard search at full application. One hard search has only a small, short-term effect for most people.

Yes. Home improvements are one of the most common reasons lenders accept for raising money on a remortgage, as long as your income supports the larger loan.