Remortgaging is one of the smartest ways homeowners can save money, reduce monthly payments, or unlock extra cash tied up in their home. Whether your current mortgage deal is coming to an end, your circumstances have changed, or you want to fund home improvements, remortgaging could be the key to greater financial freedom.
At FPM Advice Centre, our independent mortgage brokers search the whole mortgage market to find the most suitable remortgage deals—helping you get the best rate, avoid expensive standard variable rates, and even release equity for your next big plans.
Remortgaging means switching your current mortgage to a new deal, either with your existing lender or a different one. The main reasons to remortgage include:
Fund home improvements, investments, or big purchases
Remortgaging can help you save thousands of pounds over the life of your mortgage.
We assess your current deal, any early repayment charges, and your goals for remortgaging.
Our advisers help you understand how much you could save or how much equity you can release, taking your financial situation into account.
We compare remortgage rates from across the market—including exclusive broker-only deals.
We present you with the most suitable options and explain the pros and cons of each.
Once you choose a deal, we help you complete the application, gather documents, and work with your new (or existing) lender.
The lender arranges a property valuation. If everything is satisfactory, they issue a remortgage offer.
A solicitor or conveyancer handles the legal aspects, including redeeming your old mortgage and setting up the new one.
Your new mortgage begins, any released funds are paid to you, and your old mortgage is closed.
We’ll keep in touch and offer annual reviews to ensure your mortgage remains the best option for your needs.
Ideally, you should start looking at remortgaging 3–6 months before your current deal ends to avoid moving onto a higher standard variable rate. You can also remortgage sooner if your circumstances change, or you want to release equity.
Yes, there are specialist lenders who consider applications from those with less-than-perfect credit. We’ll review your situation and advise you on the best approach.
Possible costs include arrangement fees, legal fees, valuation fees, and early repayment charges (if you’re leaving your current deal early). We’ll provide a full breakdown and help you weigh the costs against potential savings.
Yes, known as “equity release” through remortgaging, you can raise additional funds for home improvements, investments, or other needs—subject to your lender’s criteria.
The average remortgage takes 4–8 weeks from application to completion, but we always work to make the process as smooth and speedy as possible.
Yes, a solicitor or conveyancer handles the legal work, though many lenders offer a free legal package as part of their remortgage deals.
Ready to find a better deal or unlock cash from your home?
Book your free remortgage review today!
