How to remortgage your home

Perhaps you’ve come to the end of your introductory mortgage rate but still have years of repayments ahead. If so, you may be paying more than you should be each month if you have reverted to your mortgage provider’s standard variable rate (SVR). The best option here is to remortgage; effectively switching what you owe to a new – and more cost-effective – mortgage product.

Here is a simple step-by-step guide to understanding the remortgage process and getting a market-leading remortgage deal:

  1. Decide what you want from your new deal. Maybe you’re simply looking for the lowest monthly repayments, or perhaps you’re looking for a specific type of mortgage deal, for example if you’re on a fixed-rate deal but would prefer a more flexible option such as a variable rate mortgage, or vice versa. Or maybe you are looking to release some of the equity in your home if the value of your property has increased. Work out what you need most from your remortgage deal before you start looking.
  2. Compare mortgage deals. Use to check out the best remortgage options on the market. Our brokers compare deals from the UK’s top providers to ensure that you get the very best mortgage for you. Some people simply remortgage with their existing providers for the sake of convenience, but doing so means you are likely to miss out on more affordable deals. Our brokers are independent, experienced and FCA-regulated, and they will do all they can to ensure that you get the best possible deal.
  3. Check the small print. You may be tempted to go with the very cheapest monthly repayment option when you carry out your search, but make sure you take into account the total amount you will pay over the mortgage term, including any fees that might apply. Find out if there are any clauses that could end up costing you money down the line and make sure that you compare deals on a like-for-like basis.
  4. Apply for your new deal. Once you’ve decided which type of mortgage is best for you and have tracked down a great deal, you will need to fill out an application, providing all the required information. Our brokers can help you to do this efficiently so that your application is accepted first time round without the endless back and forth queries between you and the mortgage lender that you might have faced the first time round.
  5. Enjoy the benefits. Once your new remortgage deal is in place you can start reaping the rewards. The sooner you get your new deal, the sooner you will pay less each month for your mortgage, or the sooner you will be able to spend the funds you have released from your property.

Find a new deal at

The quickest and easiest way to find a new remortgage deal is to use our straightforward form. Simply enter your details and our experienced brokers will search the market on your behalf. At we are dedicated to finding you the very best deal with minimal effort on your part. Fill in our simple form now to get started.

*2 year fixed with TSB 1.09% then 3.59% - APRC is 3.3% Max LTV is 60%. Quoted on 27th May 2020.