An important message from remortgage mortgage brokers | Remortgaging is not just about securing a lower interest rate—it can help you manage your finances more effectively. Whether your mortgage deal is ending or you want to cut monthly repayments, remortgaging offers practical solutions. You may also be considering it to release equity for home improvements, debt consolidation, or other large costs.
It allows you to change your mortgage without moving house, which can improve affordability or suit changes in your financial situation. Many people remortgage to switch to a more competitive deal or to fix their rate for stability.
Working with a qualified remortgage adviser means you’ll receive tailored recommendations based on your individual circumstances. They have access to lenders across the market and will ensure all options meet UK lending criteria. With professional support, remortgaging can reduce your long-term costs and make better use of your property’s value. It’s also a way to stay ahead of interest rate changes and future-proof your mortgage.
Always ensure any new deal matches your current needs and long-term financial plans. Remortgaging can improve cash flow and provide financial breathing space when planned properly.
If you’re thinking, “Is now the right time?”, a conversation with a mortgage expert can help you decide.
Remortgage Mortgage Brokers | The Remortgage Process
When planning to remortgage your home, it’s essential to consider your broader financial picture. Knowing the process involved can make the journey smoother. Here’s a breakdown of the key steps:
1. Get a Decision in Principle (DIP)
Many mortgage lenders now offer a quick online Decision in Principle. This indicates whether they’d be prepared to lend the amount you need—without performing a full credit check. It doesn’t commit you to a specific remortgage deal nor guarantees approval, but it helps clarify what’s likely to be available to you.
2. Review the Costs Involved
Before you go ahead, ensure that remortgaging actually works in your favour financially. Look into potential charges from your new lender, such as:
Application fee – Also known as an arrangement, product, or booking fee, this is charged to set up the new mortgage.
Valuation fee – Covers the cost of assessing the value of your property.
Legal fees – A solicitor or conveyancer will be required to manage the mortgage switch.
Don’t forget to ask if any early repayment charges or exit fees could apply now or in the future, especially if you plan to switch again.
3. Submit Your Mortgage Application
Once your DIP is in place, you can complete the application. You’ll need to share personal and financial information, including details of your existing mortgage. Be ready to provide proof of income and any documents relating to outstanding debts or credit commitments.
4. Finalise the Remortgage
The last steps are quite similar to buying a home. Your new lender will run a credit check and arrange a property valuation. A solicitor or conveyancer will oversee the legal transfer of your mortgage. Some lenders include legal services at no extra cost, so it’s worth checking.
Remortgage Mortgage Brokers | Why Connect Experts?
As dedicated remortgage brokers, we offer:
Whole-of-market access to over 200 lenders, including exclusive broker-only deals.
Tailored comparisons: We find the most suitable product, not just the cheapest rate.
Expert application support: From documentation to valuation coordination.
Flexible structuring: Advice on repayment types, term lengths, and equity release.
Ongoing reviews: We ensure your mortgage continues to match your goals.
📊 Facts That Matter to Remortgaging Clients
Over 1.4 million UK homeowners are expected to exit fixed deals in 2025, making now a crucial time to shop around.
Average SVRs (Standard Variable Rates) sit around 7.5% as of Q1 2025—while fixed remortgage deals can go as low as 4.2% depending on the LTV.
A typical homeowner could save over £250/month by switching from an SVR to a fixed remortgage rate.
💡Did You Know?
Remortgaging doesn’t always mean switching lenders. Some lenders offer “product transfers” with fewer checks and fees.
You can remortgage early. Many people wait until the deal ends, but some can switch up to 6 months in advance with no penalties.
Remortgaging isn’t only for homes. You can also remortgage buy-to-let, HMO, and even commercial properties for better cash flow.
Remortgage Mortgage Brokers | Common Remortgage Types
Standard Residential Remortgages
For homeowners looking to lower interest rates or monthly payments, often with no legal or valuation fees if staying with the same lender.
Equity Release Remortgages
Access the cash tied up in your home—ideal for funding renovations, supporting family, or supplementing retirement.
Debt Consolidation Remortgages
Merge high-interest debts into your mortgage. We’ll calculate affordability and check your long-term cost-benefit.
Buy-to-Let Remortgages
Whether you’re improving yields or expanding your property portfolio, we match you with lenders who support landlords with competitive terms.
Limited Company Remortgages
Switch your investment property mortgage to a Special Purpose Vehicle (SPV) structure for tax efficiency and long-term growth.
Alternatives to Remortgaging
Remortgaging isn’t your only option. Depending on your circumstances, we may also explore:
Product Transfers – Stay with your current lender but switch to a new deal.
Further Advances – Borrow additional funds on your current mortgage.
Second Charge Mortgages – Keep your existing mortgage and add a second loan secured against your home.
Bridging Loans – Short-term finance solutions for urgent purchases or cash flow issues.
Offset Mortgages – Use savings to reduce the interest paid on your mortgage balance.
Stat to Note:
Homeowners who review their mortgage every 2–3 years often see up to 15% higher financial efficiency compared to those who let deals lapse into SVRs. Regular reviews with a broker can lead to big savings.
Let’s Make Your Remortgage Work Harder for You
We understand that remortgaging is more than just numbers—it’s about future plans, lifestyle goals, and peace of mind. Whether you’re trying to save money, raise capital, or simply secure a better rate, our experienced remortgage mortgage brokers are here to guide you every step of the way.
Book a call with one of our Connect Experts and find out how much you could save or unlock.
