Remortgages.
Sometimes, a simple remortgage can unlock big savings and new possibilities
find a deal that works better for you
Remortgaging is a process almost all homeowners must deal with, and it involves replacing your existing mortgage with a new one, either with your current lender or a different one.
The remortgaging process is often undertaken for various reasons, such as securing a lower interest rate, securing a new fixed rate for when your current one expires, reducing monthly payments or consolidating debts.
It’s a decision that must be made with a clear understanding of the potential benefits and implications, so seeking professional mortgage advice is vital to ensure it aligns with your long-term financial goals.
expert advice
this is how we provide solutions to your problems
Our expertise lies in providing tailored advice to help you navigate the often-complex world of remortgaging options. Before we begin our search, we will understand your reasons for searching, whether it’s to save money on repayments, release capital or consolidate your debts.
We also equip you with the knowledge and assurance to make smart, well-informed decisions and do what’s best for your finances and your family.
Searching the whole of market
We are whole of market mortgage advisers, so we can search across the market to find the right deal and outline all the options available to you. Alongside this, you will also get an adviser (a real human) who will outline the process and answer any questions you may have.
Experience like no other
We’re experienced, qualified and brilliant at what we do, so you can have the confidence and reassurance that you are making the right decision and that your best interests are always at the heart of our work. Having done this for many years, we consider all costs involved in a mortgage, not just the interest rate.
Saving you time and stress
Believe us when we say that we will take care of everything from start to finish, saving you a significant amount of time. Not only does this allow you to think about how to decorate your home and pack up your belongings, but it also removes a large amount of stress as you know there is a team looking after you in the background.
frequently asked questions
When should I remortgage?
You should start the remortgage process around six months before your current mortgage deal expires. This gives you time to secure a new rate. If your deal has already expired, it’s best to remortgage as soon as possible to avoid paying more than necessary.
Why should I start the remortgage process 6 months before my current deal expires?
Starting the remortgage process six months before your current deal expires allows you to lock in a rate early, giving you certainty about the maximum you’ll pay. If interest rates drop before your new mortgage begins, you may still be able to benefit from a lower rate. This provides both security and flexibility.
Why should I remortgage?
Remortgaging can be a smart financial move for several reasons:
- Your fixed-rate deal is ending: Switching before it expires helps you avoid moving onto your lender’s often higher Standard Variable Rate (SVR).
- You want to save money: Reviewing your mortgage could help you secure a better rate and reduce your monthly payments.
- You’re on an SVR mortgage: These rates are typically higher than fixed or tracker deals, so switching could lower your costs.
- You prefer certainty: If you’re on a variable-rate mortgage, moving to a fixed-rate deal can give you stability.
- You want to release capital: Remortgaging can allow you to access funds for home improvements or other financial needs.
What happens if I have changed jobs since I last took out a mortgage?
As part of a mortgage application, you’ll need to provide employment details. If you’ve moved to part-time work, or your pay has reduced with your new role, the amount you can borrow will be impacted.
Always talk to your mortgage adviser about any changes in circumstances, so they can assess your position and offer advice on the options available to you.
How long does it take to remortgage?
On average, the remortgaging process takes between four and eight weeks. However, there is no set time that it takes to remortgage and it depends on a number of factors, so starting early is essential.
Do I need a solicitor to remortgage?
This depends on whether you remortgage with your current lender or a new one. Remortgaging with your existing lender is known as a product transfer, and no solicitors are needed.
However, remortgaging with a new lender will require a solicitor. Although, some mortgage products contribute towards the legal costs involved with remortgaging.
Don’t just take our word for it.
Being first-time buyers, navigating through the world of mortgages felt daunting; however, after our initial chat with Joe, we were immediately put at ease, and it was clear we were in good hands. Joe worked tirelessly to ensure we got the outcome that suited our needs.
We chose Kind Wealth to assist us when looking for a mortgage, as they already advised us with our finances. The real value was in the weeks running up to exchange when our solicitor and mortgage adviser worked together to get responses from the lender in timescales that would have been challenging otherwise.
The service provided was brilliant and even when I needed advice urgently, Joe and Sarah dealt with this in an exceptional way. If you’re a first-time buyer looking for advice about life insurance or a fixed-rate mortgage, then I’d recommend Kind Wealth.
Don’t forget to share your experience with us by leaving us a Google review here!
Ready to take the next step?
We love meeting new people and learning about you. If you are interested in finding out more, please schedule an introductory meeting with us by clicking on the button below. We do not charge for an introductory meeting, and we can both use this meeting to assess whether we are the right fit for one another.
Please note:
Some Buy-to-let mortgages are not regulated by the Financial Conduct Authority.
drop us a line
You can read a copy of our Privacy Notice by clicking here.
kind wealth
adds value
When deciding the fees we charge for advice we want to be sure you receive value for money and that the solutions we recommend are likely to deliver your objectives.