Remortgage
How to remortgage your home
Start your remortgage online
See the deals you qualify for & how much you could borrow
Compare the best providers to find your perfect remortgage deal
Whether you’re looking to switch to a better deal, coming to the end of your existing mortgage term, or want to borrow money against your property, a remortgage could be the solution for you.
We’ve got all the remortgage advice you need - and because our expert mortgage advisers give advice on deals from across the market, you can be sure that you’ll secure the best remortgage deal for your circumstances.
Remortgage basics for getting started
Why do people remortgage?
There's lots of good reasons to remortgage, discover them here.
How do I remortgage my home?
Find out how remortgaging works and what you need to do to move to a new deal
Can I remortgage early?
Timing is important, read our guide to find out when you should be getting started.
When is the right time to remortgage?
There are many reasons to remortgage but when should you get started?
How much does it cost to remortgage?
Find out what costs may be involved to change your deal.
Where to get started with your remortgage
If this is the first time you’re looking to remortgage, it can be a little confusing. How do you remortgage a house? When do you do it? And how does a remortgage work? We’re here to help you navigate the process with helpful tips and advice.
Why choose L&C for your remortgage?
L&C could save you time and hassle whether you’re remortgaging your home or a property that’s let out. We’ll compare your existing lender’s deal to 1000s of other deals from over 90 lenders and make it easy for you to find your best remortgage deal in just a few simple steps.
All you need to get started is to give us some information about yourself and your mortgage needs, which you can submit online using our Mortgage Finder, or over the phone if you’d prefer. We’ll then search thousands of mortgages from trusted lenders on your behalf, to help you find the best deal you’re eligible for. And don’t forget, our mortgage advisers are on hand to provide you with all the fee free advice you need.
Once we’ve found the right deal for you and you’ve submitted your application, we’ll support you through the mortgage process from start to finish, from help with the paperwork to chasing things up. You’ll also be able to track your application online 24/7 or over the phone seven days a week.
What else should I know?
We know you’ll probably have lots of questions about remortgaging. From “how to remortgage my house?” to “what information do I need?” we’ve answered some common questions below and in our handy guides. If you still have questions, or want support with the remortgaging process, just get in touch with our friendly team today to find out more.
An experts guide to remortgaging
Remortgaging is a great opportunity to shop around and look for a better deal. Our mortgage expert, David Hollingworth, provides all the tips you need to know on remortgaging. He covers everything from when to start thinking about remortgaging to how to find the best rates on the market. Watch the video to find out more.
Let us guide you
There are many different reasons why someone would look to remortgage - and we’re here to help with expert advice, at every step of your journey.
The key things you need to know about remortgaging
Check out our essential guides on all you need to know about the remortgage process.
Can I remortgage my home?
You may think your circumstances are unusual but, whatever your situation, lenders will usually consider an application.
What information do I need for my remortgage?
At L&C our expert mortgage advisers will review your circumstances and tell you whether it is worth remortgaging.
How does remortgaging work?
The remortgage process is usually less involved than buying a new home and it may be easier than you think.
Questions to ask when remortgaging
Remortgaging means switching to a new deal, either with your existing lender or a different one, while still living in the same home.
Ready to remortgage?
We can help you switch to a new deal, either with your existing lender or a different one
We’ll search across the market to find the best deal for you
We’ll handle all the paperwork & make the process hassle-free
We won’t charge you a penny - our entire advice service is fee free!
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Remortgage FAQs
What is a remortgage?
A remortgage is when you move your mortgage on your existing property from one lender to another, or change to a new deal with your current lender. There are a variety of reasons you might do this, but it’s most common when homeowners are coming to the end of their current mortgage deal. It’s always worth shopping around for a good deal on your property remortgage, rather than just staying with your existing lender. Timing is important too, as once you reach the end of your deal, you’ll be switched to their Standard Variable Rate – and that means you could end up paying more interest. Some people also choose to remortgage in the middle of their mortgage deal in order to switch to a better rate. If you do this, you may be subject to Early Repayment Charges, but we can help you work out whether now is the right time to remortgage. Another reason some owners will want to remortgage their property is if they’re looking to borrow more money against it, for example to fund home improvements.
When should I remortgage?
If you want to remortgage your house or flat, timing is everything. Switch too early and you may be subject to Early Repayment Charges on your current mortgage which will reduce any benefits of cheaper mortgage deals – but leave it too late and you could find yourself paying over the odds. Getting a new deal in place before your existing mortgage deal expires can avoid you paying an expensive Standard Variable Rate. It’s a good idea to start thinking about your next mortgage deal 6 months from your end date and some lenders will even let you ‘lock in’ to a new deal at this time.
How much can I borrow on a remortgage?
The amount you can borrow on a remortgage will depend on both your income and how much equity you have in the property. Although many people just look to switch their mortgage over to a better deal it can also be a good time to raise additional money for things such as home improvements. You can get an idea of how much you could borrow on a remortgage and what it might cost by using our online Mortgage Finder.