Make your mortgage work harder
Whether you want to lower your payments, secure a new deal before your current one ends, or release equity from your home.
When a fixed rate ends, most lenders move you onto their standard variable rate automatically. It is almost always the most expensive place to end up, and it happens by default rather than by decision.
Nobody chooses it. You simply arrive there, because the deal quietly expired and the months where it costs you most are the ones where you were not paying attention.
The only timeline that matters here
- Six months out
Start looking
Most offers can be held for up to six months. Securing one now costs nothing and commits you to nothing, and if rates improve before completion you can usually take the better one.
- Three months out
Application in
Comfortably ahead of the deadline, with time for a valuation, a query about your paperwork, and a week where nobody answers the phone.
- The day it expires
The new deal takes effect
This is the whole point of starting early. The new rate begins the day the old one finishes, with no gap in between.
- If you miss it
Standard variable rate
You move onto it automatically, and it is typically the most expensive rate your lender offers. Every month spent here is money you were never asked whether you wanted to spend.
What else a remortgage is good for
- Releasing equity
- Accessing value built up in your home for improvements, or for other plans. We explain what it does to the total cost over the life of the mortgage, not just to the monthly figure.
- Consolidating other borrowing
- Where it genuinely makes sense. Moving unsecured debt onto your home secures it against your property and usually costs more overall, so we will tell you plainly when it is the wrong move.
- Changing the shape of the mortgage
- Shortening the term, changing to or from interest only, adding or removing a name. All of these are easier at a remortgage than at any other point.
- Crossing a loan to value band
- Dropping below 90, 85, 80, 75 or 60 percent usually moves you into better pricing. A modest overpayment before you apply, or a rise in what your home is worth, can be enough to do it.
We come back to you before your rate ends rather than waiting for you to notice. For an existing homeowner, that single habit is worth more than anything else we do.
Let's find out where you stand.
One conversation, no cost, and no obligation to go any further. We will tell you honestly what is possible before you commit to anything.