Compare Remortgage Deals

Coffee Cup

COMPARE 1000S OF REMORTGAGE RATES

£
£
£
Matching mortgages
Try sorting by Annual Cost
?
Allied Irish Bank
Max LTV 60%:
Fixed to 31/05/29
Initial rate
4.09%
then 7.75% (variable)
Monthly repayments
£666
Scheme fees
£200
Annual cost
£8,032
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £200
Other fees £0
Cashback £0
Flexibility
Overpayments allowed?
Early Repayment Charge:
6 months interest until 31/05/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.09% and then on a variable rate of 7.75% for the remaining 20 years would require 60 payments of £666 and 240 payments of £895. The total amount payable would be £254,960 made up of the loan amount plus interest (£129,760) and fees (£200). The overall cost for comparison is 6.5% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Allied Irish Bank
Max LTV 75%:
Fixed to 31/05/29
Initial rate
4.29%
then 7.75% (variable)
Monthly repayments
£680
Scheme fees
£200
Annual cost
£8,200
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £200
Other fees £0
Cashback £0
Flexibility
Overpayments allowed?
Early Repayment Charge:
6 months interest until 31/05/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.29% and then on a variable rate of 7.75% for the remaining 20 years would require 60 payments of £679 and 240 payments of £898. The total amount payable would be £256,460 made up of the loan amount plus interest (£131,260) and fees (£200). The overall cost for comparison is 6.5% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Natwest
Max LTV 60%:
Fixed to 31/07/29
Initial rate
4.30%
then 8.24% (variable)
Monthly repayments
£681
Scheme fees
£1,544
Annual cost
£8,477
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/07/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.30% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £680 and 240 payments of £931. The total amount payable would be £265,784 made up of the loan amount plus interest (£139,240) and fees (£1,544). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
Cumberland
Max LTV 60%:
Fixed to 01/05/29
Initial rate
4.33%
then 8.24% (variable)
Monthly repayments
£683
Scheme fees
£999
Annual cost
£8,393
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 01/05/29
Other info
Exit fee £125
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.33% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £682 and 240 payments of £932. The total amount payable would be £265,599 made up of the loan amount plus interest (£139,600) and fees (£999). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
HSBC
Max LTV 60%:
Fixed to 30/04/29
Initial rate
4.33%
then 6.99% (variable)
Monthly repayments
£683
Scheme fees
£998
Annual cost
£8,393
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/04/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.33% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £682 and 240 payments of £848. The total amount payable would be £245,438 made up of the loan amount plus interest (£119,440) and fees (£998). The overall cost for comparison is 6.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
Nationwide
Max LTV 60%:
Fixed for 5 years
Initial rate
4.34%
then 7.99% (variable)
Monthly repayments
£683
Scheme fees
£798
Annual cost
£8,361
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.34% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £683 and 240 payments of £915. The total amount payable would be £261,378 made up of the loan amount plus interest (£135,580) and fees (£798). The overall cost for comparison is 6.7% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.7% APRC
?
Natwest
Max LTV 60%:
Fixed to 31/07/29
Initial rate
4.35%
then 8.24% (variable)
Monthly repayments
£684
Scheme fees
£1,044
Annual cost
£8,419
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/07/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.35% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £684 and 240 payments of £932. The total amount payable would be £265,764 made up of the loan amount plus interest (£139,720) and fees (£1,044). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
First Direct
Max LTV 60%:
Fixed for 5 years
Initial rate
4.37%
then 6.99% (variable)
Monthly repayments
£686
Scheme fees
£490
Annual cost
£8,325
Fees and charges
Booking fee £490
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.37% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £685 and 240 payments of £848. The total amount payable would be £245,110 made up of the loan amount plus interest (£119,620) and fees (£490). The overall cost for comparison is 6.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
Allied Irish Bank
Max LTV 80%:
Fixed to 31/05/29
Initial rate
4.40%
then 7.75% (variable)
Monthly repayments
£688
Scheme fees
£200
Annual cost
£8,293
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £200
Other fees £0
Cashback £0
Flexibility
Overpayments allowed?
Early Repayment Charge:
6 months interest until 31/05/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.40% and then on a variable rate of 7.75% for the remaining 20 years would require 60 payments of £687 and 240 payments of £900. The total amount payable would be £257,420 made up of the loan amount plus interest (£132,220) and fees (£200). The overall cost for comparison is 6.6% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
MPowered Mortgages
Max LTV 60%:
Fixed for 5 years
Initial rate
4.44%
then 8.74% (variable)
Monthly repayments
£691
Scheme fees
£999
Annual cost
£8,486
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
4.5% reducing to 1% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.44% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £690 and 240 payments of £968. The total amount payable would be £274,719 made up of the loan amount plus interest (£148,720) and fees (£999). The overall cost for comparison is 7.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.3% APRC
?
Leeds
Max LTV 65%:
Fixed to 30/06/29
Initial rate
4.44%
then 8.24% (variable)
Monthly repayments
£691
Scheme fees
£999
Annual cost
£8,486
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 30/06/29
Other info
Exit fee £199
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.44% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £690 and 240 payments of £934. The total amount payable would be £266,559 made up of the loan amount plus interest (£140,560) and fees (£999). The overall cost for comparison is 7.0% APRC representative.
Max LTV 65% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Halifax
Max LTV 60%:
Fixed to 31/05/29
Initial rate
4.44%
then 8.74% (variable)
Monthly repayments
£691
Scheme fees
£999
Annual cost
£8,486
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.44% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £690 and 240 payments of £968. The total amount payable would be £274,719 made up of the loan amount plus interest (£148,720) and fees (£999). The overall cost for comparison is 7.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.3% APRC
?
Halifax
Max LTV 60%:
Fixed to 30/06/27
Initial rate
4.44%
then 8.74% (variable)
Monthly repayments
£691
Scheme fees
£999
Annual cost
£8,619
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% until 30/06/27
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.44% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £690 and 264 payments of £992. The total amount payable would be £287,727 made up of the loan amount plus interest (£161,728) and fees (£999). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Virgin Money
Max LTV 60%:
Fixed to 01/06/29
Initial rate
4.44%
then 9.49% (variable)
Monthly repayments
£691
Scheme fees
£995
Annual cost
£8,485
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/06/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.44% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £690 and 240 payments of £1,021. The total amount payable would be £287,435 made up of the loan amount plus interest (£161,440) and fees (£995). The overall cost for comparison is 7.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
?
Santander
Max LTV 60%:
Fixed to 02/08/29
Initial rate
4.45%
then 7.50% (variable)
Monthly repayments
£691
Scheme fees
£1,048
Annual cost
£8,505
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 02/08/29
Other info
Exit fee £225
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.45% and then on a variable rate of 7.50% for the remaining 20 years would require 60 payments of £691 and 240 payments of £883. The total amount payable would be £254,428 made up of the loan amount plus interest (£128,380) and fees (£1,048). The overall cost for comparison is 6.5% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Co-Op
Max LTV 60%:
Fixed to 31/07/29
Initial rate
4.46%
then 8.12% (variable)
Monthly repayments
£692
Scheme fees
£749
Annual cost
£8,453
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
5% reducing to 1% until 31/07/29
Other info
Exit fee £50
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.46% and then on a variable rate of 8.12% for the remaining 20 years would require 60 payments of £691 and 240 payments of £926. The total amount payable would be £264,449 made up of the loan amount plus interest (£138,700) and fees (£749). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
First Direct
Max LTV 60%:
Fixed for 5 years
Initial rate
4.48%
then 6.99% (variable)
Monthly repayments
£693
Scheme fees
£0
Annual cost
£8,320
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.48% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £693 and 240 payments of £850. The total amount payable would be £245,580 made up of the loan amount plus interest (£120,580) and fees (£0). The overall cost for comparison is 6.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
HSBC
Max LTV 60%:
Fixed to 30/04/29
Initial rate
4.48%
then 6.99% (variable)
Monthly repayments
£693
Scheme fees
-£1
Annual cost
£8,320
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/04/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.48% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £693 and 240 payments of £850. The total amount payable would be £245,579 made up of the loan amount plus interest (£120,580) and fees (-£1). The overall cost for comparison is 6.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
MPowered Mortgages
Max LTV 60%:
Fixed for 3 years
Initial rate
4.49%
then 8.74% (variable)
Monthly repayments
£694
Scheme fees
£999
Annual cost
£8,662
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% for 3 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.49% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £694 and 264 payments of £993. The total amount payable would be £288,135 made up of the loan amount plus interest (£162,136) and fees (£999). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Newbury
Max LTV 75%:
Fixed to 29/04/29
Initial rate
4.49%
then 7.00% (variable)
Monthly repayments
£694
Scheme fees
£850
Annual cost
£8,499
Fees and charges
Booking fee £850
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 29/04/29
Other info
Exit fee £115
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.49% and then on a variable rate of 7.00% for the remaining 20 years would require 60 payments of £694 and 240 payments of £851. The total amount payable would be £246,730 made up of the loan amount plus interest (£120,880) and fees (£850). The overall cost for comparison is 6.1% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
TSB
Max LTV 60%:
Fixed to 30/06/29
Initial rate
4.49%
then 8.74% (variable)
Monthly repayments
£694
Scheme fees
£994
Annual cost
£8,528
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.49% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £694 and 240 payments of £969. The total amount payable would be £275,194 made up of the loan amount plus interest (£149,200) and fees (£994). The overall cost for comparison is 7.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.3% APRC
?
Newbury
Max LTV 75%:
Fixed to 29/04/27
Initial rate
4.49%
then 7.00% (variable)
Monthly repayments
£694
Scheme fees
£850
Annual cost
£8,612
Fees and charges
Booking fee £850
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 2% until 29/04/27
Other info
Exit fee £115
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.49% and then on a variable rate of 7.00% for the remaining 22 years would require 36 payments of £694 and 264 payments of £864. The total amount payable would be £253,930 made up of the loan amount plus interest (£128,080) and fees (£850). The overall cost for comparison is 6.5% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Nationwide
Max LTV 60%:
Fixed for 5 years
Initial rate
4.49%
then 7.99% (variable)
Monthly repayments
£694
Scheme fees
-£201
Annual cost
£8,289
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.49% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £694 and 240 payments of £917. The total amount payable would be £261,519 made up of the loan amount plus interest (£136,720) and fees (-£201). The overall cost for comparison is 6.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.8% APRC
?
Cumberland
Max LTV 60%:
Fixed to 01/05/29
Initial rate
4.49%
then 8.24% (variable)
Monthly repayments
£694
Scheme fees
£0
Annual cost
£8,329
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 01/05/29
Other info
Exit fee £125
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.49% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £694 and 240 payments of £934. The total amount payable would be £265,800 made up of the loan amount plus interest (£140,800) and fees (£0). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
First Direct
Max LTV 75%:
Fixed for 5 years
Initial rate
4.51%
then 6.99% (variable)
Monthly repayments
£696
Scheme fees
£490
Annual cost
£8,444
Fees and charges
Booking fee £490
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.51% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £695 and 240 payments of £850. The total amount payable would be £246,190 made up of the loan amount plus interest (£120,700) and fees (£490). The overall cost for comparison is 6.1% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.1% APRC
?
Coventry
Max LTV 65%:
Fixed to 31/08/29
Initial rate
4.53%
then 7.49% (variable)
Monthly repayments
£697
Scheme fees
£948
Annual cost
£8,553
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £350
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 31/08/29
Other info
Exit fee £125
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.53% and then on a variable rate of 7.49% for the remaining 20 years would require 60 payments of £696 and 240 payments of £884. The total amount payable would be £254,868 made up of the loan amount plus interest (£128,920) and fees (£948). The overall cost for comparison is 6.5% APRC representative.
Max LTV 65% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Virgin Money
Max LTV 70%:
Fixed to 01/06/29
Initial rate
4.54%
then 9.49% (variable)
Monthly repayments
£698
Scheme fees
£995
Annual cost
£8,571
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/06/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.54% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £697 and 240 payments of £1,023. The total amount payable would be £288,335 made up of the loan amount plus interest (£162,340) and fees (£995). The overall cost for comparison is 7.8% APRC representative.
Max LTV 70% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
?
Yorkshire BS
Max LTV 75%:
Fixed to 30/06/29
Initial rate
4.54%
then 8.24% (variable)
Monthly repayments
£698
Scheme fees
£1,495
Annual cost
£8,671
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 30/06/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.54% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £697 and 240 payments of £935. The total amount payable would be £267,715 made up of the loan amount plus interest (£141,220) and fees (£1,495). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
MPowered Mortgages
Max LTV 75%:
Fixed for 3 years
Initial rate
4.54%
then 8.74% (variable)
Monthly repayments
£698
Scheme fees
£999
Annual cost
£8,705
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% for 3 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.54% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £697 and 264 payments of £993. The total amount payable would be £288,243 made up of the loan amount plus interest (£162,244) and fees (£999). The overall cost for comparison is 7.9% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
MPowered Mortgages
Max LTV 60%:
Fixed for 3 years
Initial rate
4.54%
then 8.74% (variable)
Monthly repayments
£698
Scheme fees
£798
Annual cost
£8,638
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% for 3 years
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.54% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £697 and 264 payments of £993. The total amount payable would be £288,042 made up of the loan amount plus interest (£162,244) and fees (£798). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Allied Irish Bank
Max LTV 85%:
Fixed to 31/05/29
Initial rate
4.56%
then 7.75% (variable)
Monthly repayments
£699
Scheme fees
£200
Annual cost
£8,429
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £200
Other fees £0
Cashback £0
Flexibility
Overpayments allowed?
Early Repayment Charge:
6 months interest until 31/05/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.56% and then on a variable rate of 7.75% for the remaining 20 years would require 60 payments of £699 and 240 payments of £902. The total amount payable would be £258,620 made up of the loan amount plus interest (£133,420) and fees (£200). The overall cost for comparison is 6.6% APRC representative.
Max LTV 85% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
HSBC
Max LTV 70%:
Fixed to 30/04/29
Initial rate
4.56%
then 6.99% (variable)
Monthly repayments
£699
Scheme fees
£998
Annual cost
£8,588
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/04/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.56% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £699 and 240 payments of £851. The total amount payable would be £247,178 made up of the loan amount plus interest (£121,180) and fees (£998). The overall cost for comparison is 6.2% APRC representative.
Max LTV 70% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
?
HSBC
Max LTV 75%:
Fixed to 30/04/29
Initial rate
4.56%
then 6.99% (variable)
Monthly repayments
£699
Scheme fees
£998
Annual cost
£8,588
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/04/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.56% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £699 and 240 payments of £851. The total amount payable would be £247,178 made up of the loan amount plus interest (£121,180) and fees (£998). The overall cost for comparison is 6.2% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
?
Halifax
Max LTV 60%:
Fixed to 31/05/29
Initial rate
4.57%
then 8.74% (variable)
Monthly repayments
£700
Scheme fees
£0
Annual cost
£8,397
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.57% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £699 and 240 payments of £970. The total amount payable would be £274,740 made up of the loan amount plus interest (£149,740) and fees (£0). The overall cost for comparison is 7.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.3% APRC
?
Leeds
Max LTV 65%:
Fixed to 30/06/29
Initial rate
4.57%
then 8.24% (variable)
Monthly repayments
£700
Scheme fees
£0
Annual cost
£8,397
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 30/06/29
Other info
Exit fee £199
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.57% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £699 and 240 payments of £936. The total amount payable would be £266,580 made up of the loan amount plus interest (£141,580) and fees (£0). The overall cost for comparison is 7.0% APRC representative.
Max LTV 65% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Halifax
Max LTV 60%:
Fixed to 30/06/27
Initial rate
4.57%
then 8.74% (variable)
Monthly repayments
£700
Scheme fees
£0
Annual cost
£8,397
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% until 30/06/27
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.57% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £699 and 264 payments of £994. The total amount payable would be £287,580 made up of the loan amount plus interest (£162,580) and fees (£0). The overall cost for comparison is 7.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
?
MPowered Mortgages
Max LTV 60%:
Fixed for 2 years
Initial rate
4.57%
then 8.74% (variable)
Monthly repayments
£700
Scheme fees
£999
Annual cost
£8,897
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
2% reducing to 1% for 2 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 2 years at 4.57% and then on a variable rate of 8.74% for the remaining 23 years would require 24 payments of £699 and 276 payments of £1,005. The total amount payable would be £295,155 made up of the loan amount plus interest (£169,156) and fees (£999). The overall cost for comparison is 8.2% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 8.2% APRC
?
Santander
Max LTV 60%:
Fixed to 02/08/29
Initial rate
4.58%
then 7.50% (variable)
Monthly repayments
£700
Scheme fees
£49
Annual cost
£8,416
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 02/08/29
Other info
Exit fee £225
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.58% and then on a variable rate of 7.50% for the remaining 20 years would require 60 payments of £700 and 240 payments of £885. The total amount payable would be £254,449 made up of the loan amount plus interest (£129,400) and fees (£49). The overall cost for comparison is 6.5% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Halifax
Max LTV 75%:
Fixed to 30/06/27
Initial rate
4.59%
then 8.74% (variable)
Monthly repayments
£701
Scheme fees
£999
Annual cost
£8,747
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% until 30/06/27
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.59% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £701 and 264 payments of £994. The total amount payable would be £288,651 made up of the loan amount plus interest (£162,652) and fees (£999). The overall cost for comparison is 7.9% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
TSB
Max LTV 60%:
Fixed to 30/06/27
Initial rate
4.59%
then 8.74% (variable)
Monthly repayments
£701
Scheme fees
£995
Annual cost
£8,746
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% until 30/06/27
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.59% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £701 and 264 payments of £994. The total amount payable would be £288,647 made up of the loan amount plus interest (£162,652) and fees (£995). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Natwest
Max LTV 60%:
Fixed to 31/07/29
Initial rate
4.59%
then 8.24% (variable)
Monthly repayments
£701
Scheme fees
£49
Annual cost
£8,424
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/07/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £701 and 240 payments of £936. The total amount payable would be £266,749 made up of the loan amount plus interest (£141,700) and fees (£49). The overall cost for comparison is 7.0% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Virgin Money
Max LTV 60%:
Fixed to 01/06/29
Initial rate
4.59%
then 9.49% (variable)
Monthly repayments
£701
Scheme fees
£0
Annual cost
£8,414
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/06/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £701 and 240 payments of £1,024. The total amount payable would be £287,820 made up of the loan amount plus interest (£162,820) and fees (£0). The overall cost for comparison is 7.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
?
Nationwide
Max LTV 75%:
Fixed for 5 years
Initial rate
4.59%
then 7.99% (variable)
Monthly repayments
£701
Scheme fees
£798
Annual cost
£8,574
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £701 and 240 payments of £919. The total amount payable would be £263,418 made up of the loan amount plus interest (£137,620) and fees (£798). The overall cost for comparison is 6.8% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.8% APRC
?
First Direct
Max LTV 60%:
Fixed for 3 years
Initial rate
4.59%
then 6.99% (variable)
Monthly repayments
£701
Scheme fees
£490
Annual cost
£8,578
Fees and charges
Booking fee £490
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 3 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.59% and then on a variable rate of 6.99% for the remaining 22 years would require 36 payments of £701 and 264 payments of £864. The total amount payable would be £253,822 made up of the loan amount plus interest (£128,332) and fees (£490). The overall cost for comparison is 6.5% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Family BS
Max LTV 60%:
Fixed to 30/06/29
Initial rate
4.59%
then 8.44% (variable)
Monthly repayments
£701
Scheme fees
£1,148
Annual cost
£8,644
Fees and charges
Booking fee £175
Arrangement fee £999
Valuation fee £175
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £100
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.44% for the remaining 20 years would require 60 payments of £701 and 240 payments of £950. The total amount payable would be £271,208 made up of the loan amount plus interest (£145,060) and fees (£1,148). The overall cost for comparison is 7.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Bath BS
Max LTV 80%:
Fixed for 5 years
Initial rate
4.59%
then 8.39% (variable)
Monthly repayments
£701
Scheme fees
£1,613
Annual cost
£8,737
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £315
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £100
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.39% for the remaining 20 years would require 60 payments of £701 and 240 payments of £946. The total amount payable would be £270,713 made up of the loan amount plus interest (£144,100) and fees (£1,613). The overall cost for comparison is 7.1% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Halifax
Max LTV 75%:
Fixed to 31/05/29
Initial rate
4.59%
then 8.74% (variable)
Monthly repayments
£701
Scheme fees
£999
Annual cost
£8,614
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £701 and 240 payments of £971. The total amount payable would be £276,099 made up of the loan amount plus interest (£150,100) and fees (£999). The overall cost for comparison is 7.3% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.3% APRC
?
Vernon
Max LTV 80%:
Fixed to 30/06/27
Initial rate
4.59%
then 8.10% (variable)
Monthly repayments
£701
Scheme fees
£1,043
Annual cost
£8,762
Fees and charges
Booking fee £0
Arrangement fee £499
Valuation fee £245
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 2% until 30/06/27
Other info
Exit fee £130
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.59% and then on a variable rate of 8.10% for the remaining 22 years would require 36 payments of £701 and 264 payments of £945. The total amount payable would be £275,759 made up of the loan amount plus interest (£149,716) and fees (£1,043). The overall cost for comparison is 7.4% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 7.4% APRC
?
Darlington
Max LTV 80%:
Fixed to 30/04/29
Initial rate
4.59%
then 8.09% (variable)
Monthly repayments
£701
Scheme fees
£798
Annual cost
£8,574
Fees and charges
Booking fee £0
Arrangement fee £499
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10%
Early Repayment Charge:
5% reducing to 2% until 30/04/29
Other info
Exit fee £100
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.09% for the remaining 20 years would require 60 payments of £701 and 240 payments of £926. The total amount payable would be £265,098 made up of the loan amount plus interest (£139,300) and fees (£798). The overall cost for comparison is 6.9% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
Yorkshire BS
Max LTV 75%:
Fixed to 30/06/27
Initial rate
4.59%
then 8.24% (variable)
Monthly repayments
£701
Scheme fees
£1,495
Annual cost
£8,913
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 2% until 30/06/27
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.59% and then on a variable rate of 8.24% for the remaining 22 years would require 36 payments of £701 and 264 payments of £956. The total amount payable would be £279,115 made up of the loan amount plus interest (£152,620) and fees (£1,495). The overall cost for comparison is 7.5% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.5% APRC
?
Load more

When compiling our remortgage best buy tables we compare the best remortgage rates from across the UK market, including deals that are exclusive to us. It's important to remember that the best remortgage deals are not necessarily about getting the lowest mortgage rate possible, you also need to take into account all the fees and charges associated in setting up your new mortgage deal.

By choosing L&C to find your next remortgage deal our advisers will research the market for you, looking at criteria, set up fees and the rate to help you compare the best remortgage deal for your circumstances, saving you time and effort. Our best buy tables above show you the remortgage deals currently available, both fixed rates and variable rates, whether you are looking to purchase or remortgage to a better deal.

After using L&C for their remortgage or another financial product, 93% of L&C customers would recommend us based on 1463 Reviews.co.uk respondents. Read our reviews

Discover the best remortgage rates

Our remortgage best buy tables compare the best remortgage rates from across the UK market, including any deals that are exclusive to us. It's important to remember that the best remortgages are not necessarily about getting the lowest mortgage rate possible, you also need to take into account all the fees and charges associated with setting up your new mortgage deal.

By choosing L&C to find your next remortgage deal, our advisers will research the market for you, looking at criteria, set up fees and the interest rate to help you compare remortgage offers based on your circumstances, saving you time and effort. Our best buy tables above show you the remortgage deals currently available, both fixed rates and variable rates, as well as those with special features such as offset .

Remember, the best remortgage rates change all the time, so it’s important to have accurate, recent information at hand to make your decision. The best remortgage deals will depend on your unique circumstances and what you’re eligible for, get in touch with us today and we can help you find the right option.


Do you get a better rate when you remortgage?

The UK mortgage market is highly competitive, with deals changing on a regular basis. That’s good news for those looking to remortgage as there’s often a good deal waiting if you look for it.

That said, there are always a few important factors to consider when it comes to whether you’ll be able to get a good remortgage offer or not.

Things that will increase your chances of finding a better deal include:

  • Your property value has increased. Rising house prices lead to a lower loan to value (LTV), potentially meaning lower rates and a better deal.
  • You’ve paid off a substantial portion of your loan. This also means you’ll have a lower LTV and may be able to access new, better mortgage deals.

On the other hand, there are certain factors that may reduce your ability to get a better remortgage deal. These include:

  • Your home has reduced in value. This will raise your LTV, meaning you might have less choice when it comes to remortgaging.
  • Your credit score is low. Lenders may regard you as higher risk, increasing the interest rate they charge and the overall cost accordingly.

The best way to get a good remortgage deal is always to shop around with the help of a knowledgeable adviser, who can guide you based on your specific needs and circumstances and provide sound guidance when it comes to fees and overall costs, as these can vary a lot from deal to deal.

To improve your chances of getting a good remortgage deal, you could; work towards improving your credit score, try to pay down your debt quickly to reduce your LTV, and make sure to always compare remortgage rates.

If you’d like to understand more about what options are available to you or find out about the different costs that might be involved, we can help.


How much could you save by switching to a better deal?

The amount you can save by remortgaging will vary depending on the size of your mortgage, your mortgage term, and whether your new rate is lower than your old one.

Savings are likely to be biggest if you're moving from your lender's standard variable rate (SVR) to a new deal and these savings could potentially be hundreds or even thousands of pounds a year.

For example, saving 2% on a £150,000, 25-year repayment mortgage would cut the monthly payments by about £160 a month or nearly £2,000 over a year.


What remortgage deal should you get?

There are lots of different types of remortgage deals to choose from, so it's important to get to grips with how they all work.

A good remortgage deal will depend on what your current circumstances are. It could be that you are after something that will offer you a lower interest rate than you’re currently paying, or a fixed rate to give you stability of monthly payments, or if your mortgage balance is lower it could be a deal with low or no setup fees.

Here, we look at the main remortgage options, and why you might want to consider each one.

Fixed rate remortgages

A fixed rate remortgage, as the name suggests, enables you to lock into a fixed rate for a set period of time. This is typically either two, three or five years, but can be ten or more years. There will usually be an Early Repayment Charge if you want to pay off or switch your mortgage during the fixed rate period.

Ideal if you want to... fix your mortgage payments for a certain period so you'll have peace of mind that your monthly mortgage payments won't change if interest rates rise.

Tracker remortgages

A tracker remortgage usually tracks the Bank of England base rate, plus a set percentage. Homeowners with tracker mortgages benefit when interest rates are falling, as their mortgage rate and monthly payments reduce when the base rate does. However, when the base rate increases, their mortgage rate also goes up, meaning steeper monthly payments.

Ideal if you want to... benefit from a low remortgage rate now, and are comfortable that your monthly payments may fluctuate over time.

Capped rate remortgages

If you choose a capped rate remortgage deal, your mortgage rate can go up or down over time, but it will never go above a certain limit. It's worth noting however that capped rate mortgages are rarely available at the moment.

Ideal if you want to... benefit from lower rates if interest rates fall, but don't want your payments to exceed a particular amount if they move in the other direction.

Discount remortgages

With a discount remortgage, the lender will typically offer you a discount off their standard variable rate (SVR) for a specified period of time. This means that during the discount period, typically 2 to 5 years, you'll pay a rate that is always lower than the SVR and will benefit if interest rates fall and the lender passes on this cut by reducing the SVR. You must, however, be prepared for higher payments if interest rates rise and your lender increases their SVR.

Ideal if you want to... benefit from lower rates if interest rates are cut, although your lender doesn't have to move its SVR down if this does happen.

Offset remortgages

An offset mortgage allows you to offset any savings you have against the amount you're borrowing, so reducing the amount of interest you pay. This can help you to pay off your mortgage sooner. Bear in mind though, that offset remortgage rates tend to be slightly higher than standard mortgage rates.

Ideal if you want to... keep your savings readily accessible but use them to help keep mortgage interest costs to a minimum.


Compare remortgage deals

Ready to start your remortgage? You can compare remortgage deals with our online Mortgage Finder tool. Don't forget, if at any point you want to chat anything through with one of our advisers, you can call us on 0808 292 0922.

Remortgage FAQs

Am I eligible to remortgage?

To be eligible to remortgage, you'll need to have at least 5% equity in your home. The more equity you have, the more likely it is that you'll be able to access the best deals.

You'll also need a good credit score and must be able to demonstrate to your new lender that you'll be able to keep up with your repayments.

Your monthly income will also be a key factor that lenders will look at, along with any debts you might have. If, for example, you have lots of other outstanding loans and credit card debts, they may limit the amount you can borrow.

You can see which deals you’re eligible for and get started on your remortgage easily in 5 minutes using our online Mortgage Finder.