Remortgaging is where you swap your mortgage from one lender to another. Most people remortgage every few years to ensure they are always on a good deal. When people remortgage they often take the opportunity to raise capital at the same time, perhaps for home improvements or debt consolidation. If you are a landlord, raising capital from remortgaging a buy to let can allow you to fund any home improvements as well as using equity to fund a deposit for any portfolio additions.
Get Started
You can start the remortgage process up to 6 months before your current deal expires and we recommend you get the ball rolling early to ensure your mortgage payments do not lapse onto your lender’s standard variable rate.
Apply NowWhy should I remortgage?
There are multiple reasons people choose to remortgage, this could be releasing equity to pay for home improvements or consolidation of debts. Alternatively, it could be simply to get a better rate and save money.
When should I remortgage?
Ideally, you want to be looking to remortgage around 3 to 6 months before your current mortgage is due to end. This will give enough time to research and get the new mortgage set up and ready to begin just as your last deal ends.
Can I remortgage to pay off debt?
Yes, you can remortgage to release equity in your home and then use the generated lump sum to pay off any unsecured debt. If you do not have much equity within your home, you could still remortgage and look for a better rate so that you can save money each month to put towards paying off your debt. Always speak to a mortgage advisor before securing debts against your home as you are likely to end up paying back more interest in the long run, although your initial monthly payments can often be much lower.
Can I remortgage my buy to let?
Yes, it is possible for buy to let landlords to remortgage their property. This is something we encounter often and are able to assist you with. To find out more and to see how we can help, head to our buy to let remortgage page.
How many times can I remortgage?
Most homeowners remortgage several times in their lifetime and there is no restriction on the number of times you can do this. However, if you are looking to remortgage whilst you are still tied into a deal with your current lender then you would have to factor in paying an early repayment charge for settling early.
We're flexible around your work and family, we'll be there when you need us.
No upfront fees payable, we are paid on results only.
You'll always know who you are dealing with.
No vested interests, do you want your builder or estate agent knowing your maximum lending when you're trying to negotiate your price, you'll receive a mortgage tailored to your needs.
Meaning you're safe and protected by our process, providing peace of mind. We take all the responsibility for the advice.
We shop around for the cheapest deal for you, saving you time and money.
There isn't a situation we haven't come across before, we fully understand your needs.
We'll help you overcome hurdles that you face along the way, for example, removing the stress of property survey and valuation problems.
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Excellent service from Matt & Molly. Throughly recommend UK money man
All staff very helpful ..patient and knowledgeable. I was always spoken to professionally and courteously. Wayne gave me sound advice and helped me sort out issues in an area I am new too. Very grateful for help and support given.
Excellent professional service from start to finish. Staff are extremely friendly, professional and kept us informed every step of the way, making what can be an extremely stressful process quick, efficient and hassle free. This is the second time...
House-buying is a very stressful business but obtaining a later-life mortgage with UK Moneyman was a pleasure. The staff were extremely professional, knowledgeable, efficient and polite. They obtained a very good deal for us at the speed of light!...
Very Easy to talk to and Very Helpful.
From the start all the staff I have had the pleasure of dealing with were kind, knowledgeable and helpful, and accommodating to my variable shift patterns. Thank you Jason and Chloe for taking me through it all step by step.
Third time using Moneyman. The service has been excellent every time.
UK Moneyman have helped to co-ordinate both my initial mortgage as well as the remortgaging of my current property. The team members from initial deal scoping across the markey to seeing the process through to completion have all been extremly...
Excellent service provided, took out a new life insurance policy easy and stress free 5* service as always
Very polite, help and friendly, listened to what I had to say .
Really helpful and quick to get back
Couldn't have wished for better service. So helpful and supportive; Moneyman completely took the hassle out of everything. Thanks so much.
Being a first time buyer and not really knowing any process or what I need to do Mizna Coates was incredible at helping me sort my life insurance out. She was determined and diligent at trying to source a provider to give me critical illness...
Moneyman are brilliant. Don't know what I would have done without them. They have sorted my mortgage, life Insurance and home insurance. I had know idea were to start. Mizna is a total asset to the company. I feel like I have made a new...
Very helpful thank you
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Brilliant service from start to finish. Great communication and always go out their way to help. Mizna looked after us this time for our life insurance and critical illness cover. It wasn’t straight forward to get us cover but she did...
Happy with the fast communication and help from Aaron
First rate service mizna kept me informed every step of the way of where we were at and was clear of what I needed to do. Would recommend to friends and family.
UK Moneyman (Charlie and Chloe) were fantastic during the process of applying for a Mortgage. I sought their help for a mortgage that was outside of what the bank was currently offering and after a few negotiations, they delivered the product that I...
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UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.
