If you have a mortgage agreement but want better rates or more free cash, then re-mortgaging may be the right choice for you. Re-mortgaging is the renegotiation of a policy, by changing the deal with your current mortgage lender or by moving to a different lender that is offering a superior deal.
When looking at re-mortgaging, it is important to compare and contrast the many deals on offer – the market is very competitive and there is a huge selection to choose from, so you need to make sure that the re-mortgage you choose is the best one for you.
Fill out our online enquiry form to be put in touch with a re-mortgaging expert, who can provide you with more information and advice on re-mortgaging and a no-obligation quote. Our comparison tables and brand list offer you a summary of the current interest rates on offer from different policy providers, helping you to make an informed decision.
With hundreds of remortgage packages on the market, we recommend that you speak to a specialist to ensure you get the right deal for your circumstances. Take these steps beforehand to clarify your ideas:
- Decide what you are looking for in a remortgage. Would you prefer the peace of mind of a fixed-rate package, or can you be more flexible? If you’ve suffered poor credit history in the past, consider discussing this with a specialist.
- Contact your current lender for a redemption statement. A remortgage can incur various legal and arrangement charges, which you’ll need to factor into your calculations.
- Find out what deals are available. Our remortgage calculator lets you check the cost of repayments under different interest rates and loan types.