Remortgaging advice.

We’re here to help you remortgage, for whatever reason that may be, just get in touch.

Help from start to finish.

Once you choose us, you're our client for life. We will help you every single step of the way.

Around the clock support.

Offering flexible options to meet your requirements, after work or evening appointments and more.

Access to a panel of lenders.

We have access to a huge range of different lenders, meaning, we're able to source deals you can't find on the high street.

What is Remortgaging?

Remortgaging basically means taking out a different mortgage on a property you already own. There are a couple of reasons you might do this; usually when your existing mortgage deal comes to an end, or to raise some extra cash.

Either way, talking through the options with an experienced broker can help you identify the various costs involved, avoid any potential pitfalls and find the best deal for your circumstances.

Our overall aim is to save you time and money in what can otherwise be a very complicated and costly process.

There can be a variety of fees involved in remortgaging and it’s important to take all of these into account when considering moving to a new product. We will help you identify the costs so you are armed with all the facts early on. That way you can be prepared for any fees without receiving any nasty surprises later on.

Why would someone want to Remortgage?

To save some money…

Everyone should think about shopping around on their mortgage when a deal or fixed rate term comes to an end, the same way you would with your car insurance. Remortgaging can save you a significant amount of money on your monthly repayments – especially in light of the recent rise in interest rates.

As well as looking to reduce the cost of your monthly repayments, it could be you want to switch from a variable rate to a fixed rate to give you more stability on monthly repayments, or you want a more flexible mortgage, perhaps to allow for overpayments.

Deals change on an almost daily basis and it can be hard to keep track – that’s where Your Mortgage Solutions comes in. We have access to our comprehensive lender panel to ensure you are getting the best possible rates available.

To raise some money…

People often consider remortgaging to release some of the equity they have built up in their homes. This could be to raise money for things like home improvements, debt consolidation or buying a second property.

A variety of factors can affect the rate you will be offered on a remortgage, including the value of your property, how much of it you own outright, how much you’re looking to borrow and your income. The higher the proportion of the property you own in comparison to the size of your mortgage (loan to value) the more favourable rates you are likely to get.

We are experts in all areas of re-mortgaging and will use our vast knowledge and experience to help you. We can compare all of the deals from our comprehensive lender panel.

Why use a mortgage broker?

A mortgage is a life-long commitment so it’s important to get the decision right from the outset. It’s not a straight-forward process and this can make it seem a very daunting task. So how can a broker help?

  • A broker gives you professional, expert help and advice along every step of the journey. Mortgage brokers are regulated by the Financial Conduct Authority and must be professionally qualified to give you advice.
  • Brokers can search a variety of lenders to find the best product for your needs.
  • They have an in-depth knowledge of lenders’ criteria to help work out which deal is best for you
  • Brokers smooth the process from start to finish, helping with form filling, negotiations and liaising with other parties on your behalf if needed

Frequently asked questions.

You can cancel your current mortgage at any time subject to a fee to your current lender. This is known as a redemption fee. You would clear your current mortgage balance with a new lender, and this is known as a re mortgage. At this time the new lender may be willing to offer you additional money to clear other non-mortgage related financial commitments. This is called debt consolidation.
Additional borrowing is when you ask your current lender if they would lend you additional money above the current mortgage. This could then be used for various purposes including buying a new car. This would depend upon your current financial circumstances and property value.
Yes, but this would depend upon your current financial circumstances and property value.
We may be able to swap your current mortgage with your current lender to reduce your monthly payments. Alternatively, we could apply for a new mortgage with another lender to save you money.

Ask a question of your own.

We will aim to answer your query within 24 hours.

Do you want to schedule an appointment?

If you want to speak with a member of the team, you can enquire about an appointment. Hit the button below to get started.

Try our helpful calculators.

We have a series of calculators, for you to use, for free. Helping you plan, budget and work out how likely you are to need protection.

Hand holding a phone that shoes the mortgage calculator on the Your Mortgage Solutions website.