Remortgage Rates

With customers looking to find the best rates, remortgaging is becoming the busiest area of the business for many brokers. Our database currently has 387 products from 10 lenders, initial fixed rates are between 3.69% and 8.99% with varying LTV percentages

Remortgage Rates

With customers looking to find the best rates, remortgaging is becoming the busiest area of the business for many brokers.  Our database currently has 387 products from 10 lenders, initial fixed rates are between 3.69% and 8.99% with varying LTV percentages.

Check back weekly or favourite this page to keep an eye on the ever-changing rates. The table below is updated as of April 9, 2024 and rates are subject to change.

Remortgage rates – 2-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Residential Remortgage Offset Tracker at BEBR + 1.22% 2 years 6.47% 8.7 APRC £1749.00 75%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.14% Premium Exclusive 2 years 5.39% 8.4 APRC £999.00 60%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.15% 2 years 5.40% 8.4 APRC £999.00 60%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.36% 2 years 5.61% 8.4 APRC £999.00 75%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.76% 2 years 6.01% 8.5 APRC £999.00 85%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.50% Premium Exclusive 2 years 5.75% 8.4 APRC £0.00 75%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.35% 2 years 5.60% 8.4 APRC £1999.00 60%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.55% 2 years 5.80% 8.4 APRC £1999.00 70%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.57% 2 years 5.82% 8.4 APRC £1999.00 75%
BARCLAYS Residential Remortgage Fixed Rate (Premium Exclusive) 2 years 4.63% 8.2 APRC £999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 2 years 4.64% 8.2 APRC £999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 2 years 4.70% 8.2 APRC £999.00 75%
BARCLAYS Residential Remortgage Fixed Rate 2 years 5.67% 8.5 APRC £999.00 85%
BARCLAYS Residential Remortgage Fixed Rate 2 years 4.74% 8.2 APRC £1999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 2 years 4.85% 8.2 APRC £1999.00 70%
BARCLAYS Residential Remortgage Fixed Rate 2 years 4.95% 8.2 APRC £1999.00 75%
BARCLAYS Residential Remortgage Fixed Rate Great Escape 2 years 4.91% 8.2 APRC £0.00 60%
BARCLAYS Residential Remortgage Fixed Rate Great Escape 2 years 4.95% 8.2 APRC £0.00 75%
BARCLAYS Buy to Let (BTL) Purchase & Remortgage Fixed Rate (Not available for Portfolio Landlords) 2 years 5.80% 9.3 APRC £2495.00 60%
BARCLAYS Buy to Let (BTL) Remortgage Only Fixed (Not available for Portfolio Landlords) 2 years 5.80% 9.2 APRC £0.00 60%
BARCLAYS Buy to Let (BTL) Remortgage Only Fixed (Not available for Portfolio Landlords) 2 years 5.76% 9.4 APRC £1795.00 75%
BARCLAYS Buy to Let (BTL) Portfolio Landlords Purchase & Remortgage Fixed Rate (Available for Portfolio Landlords* Only) 2 years 5.70% 9.4 APRC £2495.00 75%
COVENTRY BS Remortgage Fixed Rate 2 years 5.02% 7.2 APRC £999.00 65%
COVENTRY BS Remortgage Fixed Rate 2 years 5.12% 7.2 APRC £999.00 75%
COVENTRY BS Remortgage Fixed Rate 2 years 5.60% 7.3 APRC £999.00 85%
COVENTRY BS Remortgage Fixed Rate 2 years 5.66% 7.4 APRC £999.00 90%
COVENTRY BS Remortgage Fixed Rate Offset 2 years 5.42% 7.3 APRC £999.00 75%
COVENTRY BS Remortgage Fixed Rate 2 years 5.25% 7.2 APRC £0.00 65%
COVENTRY BS Remortgage Fixed Rate 2 years 5.30% 7.2 APRC £0.00 75%
COVENTRY BS Remortgage Fixed Rate 2 years 5.97% 7.4 APRC £0.00 85%
COVENTRY BS Remortgage Fixed Rate 2 years 6.02% 7.4 APRC £0.00 90%
HSBC Remortgage Fixed Fee Saver 2 years 5.00% 6.8 APRC £0.00 60%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 5.00% 6.8 APRC £0.00 60%
HSBC Remortgage Fixed Standard 2 years 4.71% 6.8 APRC £999.00 60%
HSBC Remortgage Fixed Standard (Cashback) 2 years 4.71% 6.8 APRC £999.00 60%
HSBC Remortgage Tracker Standard 2 years 5.49% 7.0 APRC £999.00 60%
HSBC Remortgage Fixed Fee Saver 2 years 5.13% 6.8 APRC £0.00 70%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 5.13% 6.8 APRC £0.00 70%
HSBC Remortgage Fixed Standard 2 years 4.87% 6.9 APRC £999.00 70%
HSBC Remortgage Fixed Standard (Cashback) 2 years 4.87% 6.9 APRC £999.00 70%
HSBC Remortgage Tracker Standard 2 years 5.54% 7.0 APRC £999.00 70%
HSBC Remortgage Fixed Fee Saver 2 years 5.13% 6.8 APRC £0.00 75%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 5.13% 6.8 APRC £0.00 75%
HSBC Remortgage Fixed Standard 2 years 4.87% 6.9 APRC £999.00 75%
HSBC Remortgage Fixed Standard (Cashback) 2 years 4.87% 6.9 APRC £999.00 75%
HSBC Remortgage Tracker Standard 2 years 5.54% 7.0 APRC £999.00 75%
HSBC Remortgage Fixed Fee Saver 2 years 5.86% 7.0 APRC £0.00 80%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 5.86% 7.0 APRC £0.00 80%
HSBC Remortgage Fixed Standard 2 years 5.54% 7.0 APRC £999.00 80%
HSBC Remortgage Fixed Standard (Cashback) 2 years 5.54% 7.0 APRC £999.00 80%
HSBC Remortgage Tracker Standard 2 years 5.74% 7.0 APRC £999.00 80%
HSBC Remortgage Fixed Fee Saver 2 years 5.93% 7.0 APRC £0.00 85%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 5.93% 7.0 APRC £0.00 85%
HSBC Remortgage Fixed Standard 2 years 5.59% 7.0 APRC £999.00 85%
HSBC Remortgage Fixed Standard (Cashback) 2 years 5.59% 7.0 APRC £999.00 85%
HSBC Remortgage Tracker Standard 2 years 5.79% 7.0 APRC £999.00 85%
HSBC Remortgage Fixed Fee Saver 2 years 6.08% 7.0 APRC £0.00 90%
HSBC Remortgage Fixed Fee Saver (Cashback) 2 years 6.08% 7.0 APRC £0.00 90%
HSBC Remortgage Fixed Standard 2 years 5.78% 7.0 APRC £999.00 90%
HSBC Remortgage Fixed Standard (Cashback) 2 years 5.78% 7.0 APRC £999.00 90%
HSBC Remortgage Tracker Standard 2 years 6.19% 7.1 APRC £999.00 90%
HSBC Buy-to-Let Remortgage Fixed Fee Saver 2 years 5.28% 7.4 APRC £0.00 60%
HSBC Buy-to-Let Remortgage Fixed Standard 2 years 4.64% 7.5 APRC £1999.00 60%
HSBC Buy-to-Let Remortgage Tracker Fee Saver 2 years 6.34% 7.6 APRC £0.00 60%
HSBC Buy-to-Let Remortgage Tracker Standard 2 years 5.73% 7.7 APRC £1999.00 60%
HSBC Buy-to-Let Remortgage Fixed Standard 2 years 5.33% 7.4 APRC £0.00 65%
HSBC Buy-to-Let Remortgage Fixed Standard 2 years 4.68% 7.5 APRC £1999.00 65%
HSBC Buy-to-Let Remortgage Tracker Fee Saver 2 years 6.34% 7.6 APRC £0.00 65%
HSBC Buy-to-Let Remortgage Tracker Standard 2 years 5.79% 7.8 APRC £1999.00 65%
HSBC Buy-to-Let Remortgage Fixed Fee Saver 2 years 5.33% 7.4 APRC £0.00 75%
HSBC Buy-to-Let Remortgage Fixed Standard 2 years 4.75% 7.5 APRC £1999.00 75%
HSBC Buy-to-Let Remortgage Tracker Fee Saver 2 years 6.44% 7.6 APRC £0.00 75%
HSBC Buy-to-Let Remortgage Tracker Standard 2 years 5.99% 7.8 APRC £1999.00 75%
LLOYDS BANK Club Lloyds Buy to Let Remortgages Fixed Rate 2 years 5.16% 9.2 APRC £0.00 0-70%
LLOYDS BANK Club Lloyds Buy to Let Remortgages Fixed Rate 2 years 5.36% 9.2 APRC £0.00 0-70%
LLOYDS BANK Non-Club Lloyds Remortgage Fixed Rate 2 years NaN% undefined £0.00 75%
LLOYDS BANK Non-Club Lloyds Remortgage Tracker 2 years NaN% undefined £999.00 75%
LLOYDS BANK Club Lloyds Remortgage Fixed Rate 2 years NaN% undefined £0.00 75%
LLOYDS BANK Club Lloyds Remortgage Tracker 2 years NaN% undefined £999.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 3.69% 8.49% 3% of loan 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 3.99% 8.49% 3% of loan 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 4.54% 8.49% £3995.00 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 4.59% 8.49% £3995.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 4.69% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 4.79% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 5.04% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 5.19% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 5.34% 8.49% 3% of loan 65%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 5.49% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker 2 years 5.94% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker Cashback 2 years 6.14% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 6.14% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker 2 years 6.34% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 6.54% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 3.79% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 4.19% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 4.64% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 4.79% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 4.79% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 4.99% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 2 years 5.09% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Fixed (HMO) 2 years 5.19% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 5.29% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 5.44% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 2 years 5.59% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker 2 years 6.04% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 6.24% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker Cashback 2 years 6.24% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Tracker 2 years 6.44% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Tracker (HMO) 2 years 6.44% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Remortgage Tracker 2 years 6.64% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Fixed (HMO) 2 years 6.79% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 5.29% 8.99% 2% of loan 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 2 years 5.64% 8.99% 2% of loan 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 2 years 6.29% 8.99% £0.00 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 2 years 6.64% 8.99% £0.00 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 2 years 5.39% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed (HMO) 2 years 5.39% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Remortgage Further Advance Limited Company Tracker 2 years 5.74% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 2 years 5.89% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 2 years 6.49% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 2 years 6.69% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 2 years 6.49% 8.99% 2% of loan 80%
NATIONWIDE BS Remortgage Fixed Rate 2 years 4.59% 7.5 APRC £999.00 75%
NATIONWIDE BS Remortgage Fixed Rate 2 years 4.89% 7.5 APRC £0.00 75%
NATIONWIDE BS Remortgage Tracker 2 years 5.54% 7.7 APRC £999.00 75%
NATIONWIDE BS Remortgage Tracker 2 years 6.19% 7.8 APRC £0.00 75%
NATWEST BANK PLC Remortgage Tracker 2 years 5.94% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Tracker 2 years 5.94% 8.24% £995.00 80%
NATWEST BANK PLC Remortgage Tracker 2 years 6.18% 8.24% £0.00 75%
NATWEST BANK PLC Remortgage Tracker 2 years 6.29% 8.24% £0.00 80%
NATWEST BANK PLC Remortgage Fixed Rate Green Mortgage 2 years 4.89% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Online Only 2 years 4.89% 8.24% £1495.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 2 years 5.09% 8.24% £0.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 2 years 4.94% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Help to Buy Shared Equity Cashback 2 years 5.09% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Online Only 2 years 5.49% 8.24% £1495.00 80%
NATWEST BANK PLC Remortgage Fixed Rate 2 years 5.54% 8.24% £995.00 80%
NATWEST BANK PLC Remortgage Fixed Rate Help to Buy Shared Equity Cashback 2 years 5.24% 8.24% £0.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 2 years 5.87% 8.24% £0.00 80%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 4.86% 7.2 APRC £999.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 5.73% 7.3 APRC £999.00 85%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 5.25% 7.1 APRC £0.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 5.96% 7.5 APRC £0.00 85%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 5.94% 7.4 APRC £999.00 90%
SANTANDER UK PLC. Remortgage Fixed Rate 2 years 6.09% 7.5 APRC £0.00 90%
SANTANDER UK PLC. Remortgage Tracker 2 years 5.75% 7.4 APRC £999.00 75%
TSB Remortgage Fixed Rate 2 years 4.84% 8.3 APRC £995.00 60%
TSB Remortgage Fixed Rate 2 years 5.24% 8.3 APRC £0.00 60%
TSB Remortgage Tracker Rate 2 years 5.64% 8.4 APRC £995.00 60%
TSB Remortgage Fixed Rate 2 years 4.94% 8.3 APRC £995.00 60% to 75%
TSB Remortgage Fixed Rate 2 years 5.34% 8.3 APRC £0.00 60% to 75%
TSB Remortgage Tracker Rate 2 years 5.69% 8.5 APRC £995.00 60% to 75%
TSB Remortgage Fixed Rate 2 years 5.44% 8.4 APRC £995.00 75% to 80%
TSB Remortgage Fixed Rate 2 years 5.84% 8.4 APRC £0.00 75% to 80%
TSB Remortgage Tracker Rate 2 years 5.94% 8.5 APRC £995.00 75% to 80%
TSB Remortgage Fixed Rate 2 years 5.54% 8.4 APRC £995.00 80% to 85%
TSB Remortgage Fixed Rate 2 years 5.94% 8.4 APRC £0.00 80% to 85%
TSB Remortgage Tracker Rate 2 years 5.94% 8.5 APRC £995.00 80% to 85%
TSB Remortgage Fixed Rate 2 years 5.94% 8.4 APRC £0.00 85% to 90%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 4.79% 9.0 APRC £1995.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 4.99% 9.0 APRC £995.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 5.39% 9.0 APRC £0.00 60%
TSB Buy-to-Let Remortgage Tracker 2 years 5.74% 9.2 APRC £995.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 4.89% 9.0 APRC £1995.00 60% to 75%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 5.09% 9.0 APRC £995.00 60% to 75%
TSB Buy-to-Let Remortgage Fixed Rate 2 years 5.39% 9.0 APRC £0.00 60% to 75%
TSB Buy-to-Let Remortgage Tracker 2 years 5.89% 9.2 APRC £995.00 60% to 75%
VIRGIN MONEY Remortgage Everyday Freedom to Fix Tracker 2 years 5.67% 8.9 APRC £995.00  
VIRGIN MONEY Remortgage Everyday Fixed 2 years 5.19% 8.8 APRC £995.00  
VIRGIN MONEY Remortgage Everyday Fixed 2 years 5.49% 8.8 APRC £0.00  
VIRGIN MONEY Remortgage Buy-to-Let CA Rewards Everyday Fixed 2 years 4.94% 9.3 APRC £1495.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed 2 years 5.88% 9.4 APRC £995.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed Cashback 2 years 5.88% 9.4 APRC £995.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed 2 years 6.10% 9.4 APRC £0.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed Cashback 2 years 6.10% 9.4 APRC £0.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Tracker 2 years 6.35% 9.5 APRC £995.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Tracker Cashback 2 years 6.35% 9.5 APRC £995.00  
YORKSHIRE BS Remortgage Fixed Rate 2 years 4.94% 7.04 APRC £1495.00 75%
YORKSHIRE BS Remortgage Fixed Rate Cashback 2 years 5.19% 7.10 APRC £495.00 75%
YORKSHIRE BS Remortgage Fixed Rate 2 years 5.29% 7.13 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Tracker 2 years 5.59% 7.20 APRC £995.00 75%
YORKSHIRE BS Remortgage Fixed Rate Cashback 2 years 5.19% 7.29 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate 2 years 5.29% 7.13 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Offset 2 years 5.59% 7.20 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Offset 2 years 5.24% 7.11 APRC £1495.00 75%

 

Remortgage rates – 3-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
COVENTRY BS Remortgage Fixed Rate 3 years 4.82% 6.9 APRC £999.00 65%
COVENTRY BS Remortgage Fixed Rate 3 years 4.92% 6.9 APRC £999.00 75%
COVENTRY BS Remortgage Fixed Rate 3 years 5.35% 7.1 APRC £999.00 85%
COVENTRY BS Remortgage Fixed Rate 3 years 5.62% 7.2 APRC £999.00 90%
COVENTRY BS Remortgage Fixed Rate 3 years 5.08% 6.9 APRC £0.00 65%
COVENTRY BS Remortgage Fixed Rate 3 years 5.18% 6.9 APRC £0.00 75%
COVENTRY BS Remortgage Fixed Rate 3 years 5.72% 7.1 APRC £0.00 85%
COVENTRY BS Remortgage Fixed Rate 3 years 5.82% 7.2 APRC £0.00 90%
HSBC Remortgage Fixed Fee Saver 3 years 4.94% 6.6 APRC £0.00 60%
HSBC Remortgage Fixed Standard 3 years 4.66% 6.6 APRC £999.00 60%
HSBC Remortgage Fixed Fee Saver 3 years 5.08% 6.6 APRC £0.00 70%
HSBC Remortgage Fixed Standard 3 years 4.82% 6.6 APRC £999.00 70%
HSBC Remortgage Fixed Fee Saver 3 years 5.08% 6.6 APRC £0.00 75%
HSBC Remortgage Fixed Standard 3 years 4.82% 6.6 APRC £999.00 75%
HSBC Remortgage Fixed Fee Saver 3 years 5.81% 6.9 APRC £0.00 80%
HSBC Remortgage Fixed Standard 3 years 5.49% 6.8 APRC £999.00 80%
HSBC Remortgage Fixed Fee Saver 3 years 5.88% 6.9 APRC £0.00 85%
HSBC Remortgage Fixed Standard 3 years 5.54% 6.9 APRC £999.00 85%
HSBC Remortgage Fixed Fee Saver 3 years 6.03% 6.9 APRC £0.00 90%
HSBC Remortgage Fixed Standard 3 years 5.73% 6.9 APRC £999.00 90%
NATIONWIDE BS Remortgage Fixed Rate 3 years 4.79% 7.1 APRC £999.00 75%
NATIONWIDE BS Remortgage Fixed Rate 3 years 5.04% 7.1 APRC £0.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 3 years 4.98% 6.8 APRC £0.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 3 years 4.73% 6.9 APRC £999.00 75%
TSB Remortgage Fixed Rate 3 years 4.59% 7.8 APRC £995.00 60%
TSB Remortgage Fixed Rate 3 years 4.69% 7.8 APRC £995.00 60% to 75%
TSB Remortgage Fixed Rate 3 years 4.99% 7.9 APRC £995.00 75% to 80%
TSB Remortgage Fixed Rate 3 years 5.09% 8.0 APRC £995.00 80% to 85%
YORKSHIRE BS Remortgage Fixed Rate 3 years 4.64% 6.82 APRC £1495.00 75%
YORKSHIRE BS Remortgage Fixed Rate 3 years 4.94% 7.13 APRC £0.00 75%

 

Remortgage rates – 5-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Residential Remortgage Offset Tracker at BEBR + 1.25% 5 years 6.50% 8.1 APRC £1749.00 75%
BARCLAYS Residential Remortgage Tracker at BEBR + 0.60% 5 years 5.85% 7.8 APRC £999.00 60%
BARCLAYS Residential Remortgage Tracker at BEBR + 1.00% 5 years 6.25% 7.9 APRC £999.00 85%
BARCLAYS Residential Remortgage Fixed Rate (Premium Exclusive) 5 years 4.46% 7.3 APRC £999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.47% 7.3 APRC £999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.54% 7.4 APRC £999.00 75%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.93% 7.6 APRC £999.00 85%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.47% 7.0 APRC £1999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.51% 7.1 APRC £1999.00 70%
BARCLAYS Residential Remortgage Fixed Rate 5 years 4.54% 7.1 APRC £1999.00 75%
BARCLAYS Residential Remortgage Fixed Rate Great Escape 5 years 4.65% 7.2 APRC £0.00 60%
BARCLAYS Residential Remortgage Fixed Rate Great Escape 5 years 5.15% 7.4 APRC £0.00 85%
BARCLAYS Buy to Let (BTL) Purchase & Remortgage Fixed Rate (Not available for Portfolio Landlords) 5 years 5.40% 8.1 APRC £2495.00 60%
BARCLAYS Buy to Let (BTL) Remortgage Only Fixed (Not available for Portfolio Landlords) 5 years 4.83% 7.8 APRC £0.00 60%
BARCLAYS Buy to Let (BTL) Remortgage Only Fixed (Not available for Portfolio Landlords) 5 years 4.60% 7.8 APRC £1795.00 75%
BARCLAYS Buy to Let (BTL) Remortgage Only Fixed (Not available for Portfolio Landlords) 5 years 4.88% 7.8 APRC £0.00 75%
COVENTRY BS Remortgage Fixed Rate 5 years 4.53% 6.3 APRC £999.00 65%
COVENTRY BS Remortgage Fixed Rate 5 years 4.63% 6.4 APRC £999.00 75%
COVENTRY BS Remortgage Fixed Rate 5 years 5.15% 6.6 APRC £999.00 85%
COVENTRY BS Remortgage Fixed Rate 5 years 5.20% 6.6 APRC £999.00 90%
COVENTRY BS Remortgage Fixed Rate Offset 5 years 4.93% 6.5 APRC £999.00 75%
COVENTRY BS Remortgage Fixed Rate 5 years 4.65% 6.3 APRC £0.00 65%
COVENTRY BS Remortgage Fixed Rate 5 years 4.74% 6.4 APRC £0.00 75%
COVENTRY BS Remortgage Fixed Rate 5 years 5.25% 6.6 APRC £0.00 85%
COVENTRY BS Remortgage Fixed Rate 5 years 5.30% 6.6 APRC £0.00 90%
HSBC Remortgage Fixed Fee Saver 5 years 4.48% 6.1 APRC £0.00 60%
HSBC Remortgage Fixed Fee Saver (Cashback) 5 years 4.48% 6.1 APRC £0.00 60%
HSBC Remortgage Fixed Standard 5 years 4.33% 6.1 APRC £999.00 60%
HSBC Remortgage Fixed Standard (Cashback) 5 years 4.33% 6.1 APRC £999.00 60%
HSBC Remortgage Fixed Premier Standard 5 years 4.30% 6.1 APRC £1499.00 60%
HSBC Remortgage Fixed Fee Saver 5 years 4.74% 6.2 APRC £0.00 70%
HSBC Remortgage Fixed Fee Saver (Cashback) 5 years 4.74% 6.2 APRC £0.00 70%
HSBC Remortgage Fixed Standard 5 years 4.56% 6.2 APRC £999.00 70%
HSBC Remortgage Fixed Standard (Cashback) 5 years 4.56% 6.2 APRC £999.00 70%
HSBC Remortgage Fixed Premier Standard 5 years 4.53% 6.2 APRC £1499.00 70%
HSBC Remortgage Fixed Fee Saver 5 years 4.74% 6.2 APRC £0.00 75%
HSBC Remortgage Fixed Fee Saver (Cashback) 5 years 4.74% 6.2 APRC £0.00 75%
HSBC Remortgage Fixed Standard 5 years 4.56% 6.2 APRC £999.00 75%
HSBC Remortgage Fixed Standard (Cashback) 5 years 4.56% 6.2 APRC £999.00 75%
HSBC Remortgage Fixed Premier Standard 5 years 4.53% 6.2 APRC £1499.00 75%
HSBC Remortgage Fixed Fee Saver 5 years 5.21% 6.4 APRC £0.00 80%
HSBC Remortgage Fixed Fee Saver 5 years 5.21% 6.3 APRC £0.00 80%
HSBC Remortgage Fixed Standard 5 years 5.07% 6.4 APRC £999.00 80%
HSBC Remortgage Fixed Standard 5 years 5.04% 6.4 APRC £999.00 80%
HSBC Remortgage Fixed Premier Standard 5 years 5.04% 6.4 APRC £1499.00 80%
HSBC Remortgage Fixed Fee Saver 5 years 5.24% 6.4 APRC £0.00 85%
HSBC Remortgage Fixed Fee Saver (Cashback) 5 years 5.24% 6.4 APRC £0.00 85%
HSBC Remortgage Fixed Standard 5 years 5.11% 6.4 APRC £999.00 85%
HSBC Remortgage Fixed Standard (Cashback) 5 years 5.11% 6.4 APRC £999.00 85%
HSBC Remortgage Fixed Premier Standard 5 years 5.08% 6.5 APRC £1499.00 85%
HSBC Remortgage Fixed Fee Saver 5 years 5.44% 6.5 APRC £0.00 90%
HSBC Remortgage Fixed Fee Saver (Cashback) 5 years 5.44% 6.5 APRC £0.00 90%
HSBC Remortgage Fixed Standard 5 years 5.29% 6.5 APRC £999.00 90%
HSBC Remortgage Fixed Standard (Cashback) 5 years 5.29% 6.5 APRC £999.00 90%
HSBC Remortgage Fixed Premier Standard 5 years 5.26% 6.5 APRC £1499.00 90%
HSBC Buy-to-Let Remortgage Fixed Fee Saver 5 years 4.72% 6.5 APRC £0.00 60%
HSBC Buy-to-Let Remortgage Fixed Standard 5 years 4.32% 6.6 APRC £1999.00 60%
HSBC Buy-to-Let Remortgage Fixed Fee Saver 5 years 4.78% 6.6 APRC £0.00 65%
HSBC Buy-to-Let Remortgage Fixed Standard 5 years 4.42% 6.7 APRC £1999.00 65%
HSBC Buy-to-Let Remortgage Fixed Fee Saver 5 years 4.78% 6.6 APRC £0.00 75%
HSBC Buy-to-Let Remortgage Fixed Standard 5 years 4.45% 6.7 APRC £1999.00 75%
LLOYDS BANK Non-Club Lloyds Buy to Let Remortgages Fixed Rate 5 years 4.53% 8.0 APRC £0.00 0-70%
LLOYDS BANK Non-Club Lloyds Buy to Let Remortgages Fixed Rate 5 years 4.73% 8.2 APRC £0.00 0-70%
LLOYDS BANK Non-Club Lloyds Remortgage Fixed Rate 5 years NaN% undefined £0.00 75%
LLOYDS BANK Club Lloyds Remortgage Fixed Rate 5 years NaN% undefined £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 3.99% 8.49% 3% of loan 55.00000000000001%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.34% 8.49% £3995.00 55.00000000000001%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.44% 8.49% £1495.00 55.00000000000001%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.54% 8.49% £0.00 55.00000000000001%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.04% 8.49% 3% of loan 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.14% 8.49% 3% of loan 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.44% 8.49% £3995.00 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.49% 8.49% £3995.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.54% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.59% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.59% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 5 years 4.64% 8.49% £1495.00 65%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.69% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.14% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.24% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.44% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.49% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.54% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.59% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 5 years 4.69% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 4.74% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Remortgage Fixed 5 years 4.89% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Fixed (HMO) 5 years 4.99% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Fixed (HMO) 5 years 5.29% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Fixed (HMO) 5 years 5.34% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 5.14% 8.99% 2% of loan 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 5 years 5.29% 8.99% 2% of loan 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 5 years 5.54% 8.99% £0.00 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed Cashback 5 years 5.69% 8.99% £0.00 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 4.99% 8.99% 5% of loan 70%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed (HMO) 5 years 5.34% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 5.34% 8.99% 3% of loan 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 5.59% 8.99% £3995.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 5.84% 8.99% £1495.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 5.89% 8.99% £0.00 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 5.99% 8.99% 2% of loan 80%
NATIONWIDE BS Buy to Let Purchase Remortgage Further Advance Limited Company Fixed 5 years 6.49% 8.99% £0.00 80%
NATIONWIDE BS Remortgage Fixed Rate 5 years 4.59% 6.3 APRC £999.00 75%
NATIONWIDE BS Remortgage Fixed Rate 5 years 4.69% 6.3 APRC £0.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Green Mortgage 5 years 4.51% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Online Only 5 years 4.41% 8.24% £1495.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 5 years 4.56% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 5 years 4.73% 8.24% £0.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Help to Buy Shared Equity Cashback 5 years 4.71% 8.24% £995.00 75%
NATWEST BANK PLC Remortgage Fixed Rate Online Only 5 years 4.94% 8.24% £1495.00 80%
NATWEST BANK PLC Remortgage Fixed Rate 5 years 4.99% 8.24% £995.00 80%
NATWEST BANK PLC Remortgage Fixed Rate Help to Buy Shared Equity Cashback 5 years 4.88% 8.24% £0.00 75%
NATWEST BANK PLC Remortgage Fixed Rate 5 years 5.15% 8.24% £0.00 80%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 4.55% 6.3 APRC £999.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 4.72% 6.0 APRC £0.00 75%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 5.14% 6.6 APRC £999.00 85%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 5.24% 6.6 APRC £0.00 85%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 5.37% 6.9 APRC £999.00 90%
SANTANDER UK PLC. Remortgage Fixed Rate 5 years 5.43% 6.7 APRC £0.00 90%
TSB Remortgage Fixed Rate 5 years 4.49% 7.1 APRC £995.00 60%
TSB Remortgage Fixed Rate 5 years 4.69% 7.1 APRC £0.00 60%
TSB Remortgage Fixed Rate 5 years 4.64% 7.2 APRC £995.00 60% to 75%
TSB Remortgage Fixed Rate 5 years 4.84% 7.2 APRC £0.00 60% to 75%
TSB Remortgage Fixed Rate 5 years 4.99% 7.3 APRC £995.00 75% to 80%
TSB Remortgage Fixed Rate 5 years 5.19% 7.4 APRC £0.00 75% to 80%
TSB Remortgage Fixed Rate 5 years 5.04% 7.3 APRC £995.00 80% to 85%
TSB Remortgage Fixed Rate 5 years 5.24% 7.4 APRC £0.00 80% to 85%
TSB Remortgage Fixed Rate 5 years 5.29% 7.4 APRC £0.00 85% to 90%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.39% 7.6 APRC £1995.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.59% 7.6 APRC £995.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.79% 7.6 APRC £0.00 60%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.49% 7.6 APRC £1995.00 60% to 75%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.64% 7.6 APRC £995.00 60% to 75%
TSB Buy-to-Let Remortgage Fixed Rate 5 years 4.84% 7.7 APRC £0.00 60% to 75%
VIRGIN MONEY Remortgage Everyday Fixed 5 years 4.89% 7.6 APRC £995.00  
VIRGIN MONEY Remortgage Everyday Fixed 5 years 5.09% 7.6 APRC £0.00  
VIRGIN MONEY Remortgage Everyday Fixed CA Rewards 5 years 4.59% 7.4 APRC £895.00  
VIRGIN MONEY Remortgage Buy-to-Let CA RewardsEveryday Fixed 5 years 4.69% 8.2 APRC £1495.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed 5 years 5.28% 8.4 APRC £995.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed Cashback 5 years 5.28% 8.3 APRC £995.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed 5 years 5.38% 8.3 APRC £0.00  
VIRGIN MONEY Remortgage Buy-to-Let Everyday Fixed Cashback 5 years 5.38% 8.3 APRC £995.00  
YORKSHIRE BS Remortgage Fixed Rate 5 years 4.54% 6.51 APRC £1495.00 75%
YORKSHIRE BS Remortgage Fixed Rate 5 years 4.64% 6.56 APRC £495.00 75%
YORKSHIRE BS Remortgage Fixed Rate 5 years 4.69% 6.59 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Cashback 5 years 4.59% 6.79 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate 5 years 4.69% 6.59 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Offset 5 years 4.99% 6.74 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Offset 5 years 4.84% 6.67 APRC £1495.00 75%

 

Remortgage rates – 10-year term

COMPANY TYPE TERM INITIAL RATE THE OVERALL COST FOR COMPARISON IS PRODUCT FEE LOAN TO VALUE (LTV)
BARCLAYS Residential Remortgage Fixed Rate 10 years 5.15% 6.4 APRC £999.00 60%
BARCLAYS Residential Remortgage Fixed Rate 10 years 5.86% 6.9 APRC £999.00 80%
HSBC Remortgage Fixed Fee Saver 10 years 5.19% 5.9 APRC £0.00 60%
HSBC Remortgage Fixed Standard 10 years 5.09% 5.9 APRC £999.00 60%
HSBC Remortgage Fixed Fee Saver 10 years 5.19% 5.9 APRC £0.00 70%
HSBC Remortgage Fixed Standard 10 years 5.09% 5.9 APRC £999.00 70%
HSBC Remortgage Fixed Fee Saver 10 years 5.19% 5.9 APRC £0.00 75%
HSBC Remortgage Fixed Standard 10 years 5.09% 5.9 APRC £999.00 75%
HSBC Remortgage Fixed Fee Saver 10 years 5.38% 6.0 APRC £0.00 80%
HSBC Remortgage Fixed Standard 10 years 5.28% 6.0 APRC £999.00 80%
LLOYDS BANK Club Lloyds Remortgage Fixed Rate 10 years NaN% undefined £0 to £999 75%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 10 years 4.89% 8.49% £0.00 65%
NATIONWIDE BS Buy to Let Purchase Remortgage Fixed 10 years 4.99% 8.99% £0.00 75%
NATIONWIDE BS Remortgage Fixed Rate 10 years 4.78% 5.6 APRC £999.00 75%
NATIONWIDE BS Remortgage Fixed Rate 10 years 4.62% 5.7 APRC £0.00 75%
VIRGIN MONEY Remortgage Everyday Fixed 10 years 4.89% 6.3 APRC £995.00  
YORKSHIRE BS Remortgage Fixed Rate 10 years 5.39% 6.33 APRC £0.00 75%
YORKSHIRE BS Remortgage Fixed Rate Cashback 10 years 5.34% 6.29 APRC £1495.00 75%

 

Remortage FAQs

Who is offering the best remortgage rates? 

Remortgage rates do vary but currently (Feb 2023) Coventry Building Society have the best rates, however these do depend on individual circumstances. The best remortgage rates will vary depending on time length of mortgage, your reason for remortgaging and whether you are looking to take extra money on your mortgage against your property.  

If your current mortgage deal is coming to an end within the next six months, it is worth speaking with your current mortgage provider to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term. If your current lender doesn’t offer a good rate, you can do the leg work yourself and get multiple quotes from other lenders or you can speak to a broker who will be able to consider your criteria against numerous lenders at once and is likely to be able to get a better deal. Many brokers do not charge until a mortgage is confirmed and so it is worth seeing what they can offer.  

If you are looking to remortgage before your current deal ends you need to consider whether you will be liable for early repayment charges and whether this is worth paying against what you may save by switching early. For those that fixed a rate at a time when rates were at their highest, it may be well worth early switching even when considering the early repayment charges.  

Is remortgaging a good idea now?

Whilst rates are still unpredictable, they are slowly coming down so it is worth checking what your options are if your current rate is coming to an end. Depending on your circumstances, remortgaging is more often than not a very good idea, whether that is due to your current deal ending or if you are looking to renovate your home.  

If your current mortgage deal is coming to an end within the next six months, it is worth speaking with your current mortgage provider to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term. If your current lender doesn’t offer a good rate, you can do the leg work yourself and get multiple quotes from other lenders or you can speak to a broker who will be able to consider your criteria against numerous lenders at once and is likely to be able to get a better deal. Many brokers do not charge until a mortgage is confirmed and so it is worth seeing what they can offer.  

If you are looking to remortgage before your current deal ends you need to consider whether you will be liable for early repayment charges and whether this is worth paying against what you may save by switching early. For those that fixed a rate at a time when rates were at their highest, it may be well worth early switching even when considering the early repayment charges. 

What is remortgage and how does it work? 

Remortgaging is where you take out a new mortgage on an existing property, either to replace your existing mortgage at the end of the term or to move to a better rate, or to borrow money against your property. 

Remortgaging can save you money as when your current deal ends your mortgage rate will jump to the lender’s standard variable rate which is usually the most expensive option. By switching at the end of your rate term, you will avoid this higher rate.  

If you are looking to remortgage before your current deal ends you need to consider whether you will be liable for early repayment charges which is worth looking at prior to making any decisions although if your rate was fixed when rates were high, the savings could be significant even when considering these early repayment charges.  

If your current mortgage deal is coming to an end within the next six months, it is worth speaking with your current mortgage provider to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term. If your current lender doesn’t offer a good rate, you can do the leg work yourself and get multiple quotes from other lenders or you can speak to a broker who will be able to consider your criteria against numerous lenders at once and is likely to be able to get a better deal. Many brokers do not charge until a mortgage is confirmed and so it is worth seeing what they can offer. 

Is it wise to remortgage your house? 

It can be beneficial to remortgage for a number of different reasons: 

  • If your current mortgage deal term is due to end 

  • You want a better rate 

  • Your home has significantly increased in value 

  • You want to switch from an interest only mortgage to repayment 

  • You want to borrow more against your property 

Depending on your circumstances, remortgaging is more often than not a very good idea, whether that is due to your current deal ending or if you are looking to renovate your home.  

If your current mortgage deal is coming to an end within the next six months, it is worth speaking with your current mortgage provider to see if they offer a competitive product transfer, this is beneficial for both parties but not all lenders make it worth your while to stay with them beyond your fixed term. If your current lender doesn’t offer a good rate, you can do the leg work yourself and get multiple quotes from other lenders or you can speak to a broker who will be able to consider your criteria against numerous lenders at once and is likely to be able to get a better deal. Many brokers do not charge until a mortgage is confirmed and so it is worth seeing what they can offer.  

If you are looking to remortgage before your current deal ends you need to consider whether you will be liable for early repayment charges and whether this is worth paying against what you may save by switching early. For those that fixed a rate at a time when rates were at their highest, it may be well worth early switching even when considering the early repayment charges.