Remortgage
Mortgages & secured lendingSwitching your mortgage to a new deal, either with your current lender or a new one.
Overview
Remortgaging can help you secure a better rate or release equity.
There may be fees for leaving your current deal early.
Why it matters
- It can reduce monthly payments.
- It can change your loan terms and total cost.
- It affects affordability assessments.
FAQs
Does remortgaging affect my credit score?
It can involve a credit check, which may create a hard search.
When should I consider remortgaging?
Often when your fixed rate ends or when better deals are available.
Related terms
Take control of your credit health
Get the complete credit toolkit with all features included.
Start building creditInstant setup. No credit check to join. 14-day money-back guarantee.