BoE Base Rate 3.75%CPI Inflation 3.1%Next MPC Review 5 Nov 2026
For existing homeowners · No credit check to start

Thinking about remortgaging?

Whether your fixed rate is ending, you’re on your lender’s standard variable rate, or your circumstances have changed, Matthew can review your current mortgage and explain the options. You don’t need to know which deal you want first.

Discuss My Case 01255 440142

Common reasons to review your mortgage

If any of these sound familiar, it may be time for a review.

Your fixed rate is ending

When your current deal ends, your lender will usually move you to its standard variable rate — which is often noticeably higher. Reviewing a few months before the end of your deal gives time to research the options without pressure.

You’re on your lender’s standard variable rate (SVR)

If your previous deal has already ended, you may be on your lender’s SVR. Many homeowners on an SVR could move to a more appropriate deal — either a new mortgage or a product transfer with the same lender.

Raising capital

Remortgaging can be a way to release equity for home improvements, a deposit for another property, or consolidating borrowing — although extending the term or securing debts against your home needs careful consideration.

Your circumstances have changed

Income changes, self-employment, a new property or a change in family circumstances can all mean your current mortgage no longer fits. A remortgage can restructure the loan, term or repayment method.

You simply haven’t reviewed it for a while

Mortgages aren’t a one-off decision. Property values move, LTV bands shift and products change. A regular review confirms whether your current deal is still appropriate.

What Matthew looks at

A remortgage review compares your current mortgage against the options — including staying put.

Your current rate vs the market

Is your existing rate still competitive against currently available options?

Your loan-to-value band

Has your property value risen? You may have moved into a lower LTV band with access to different rates.

Remortgage vs product transfer

A product transfer with your existing lender can sometimes be the more appropriate route — Matthew will compare both.

Fees against the potential saving

A lower rate isn’t always better once fees are taken into account. The overall cost matters.

Why the timing of a review matters

When a fixed, tracker or discounted deal ends, most lenders move you to their standard variable rate. That is usually higher than the rate you were paying — so many homeowners review their mortgage in the months before their deal ends.

Reviewing early gives time to understand the options, including whether a new mortgage or a product transfer with your current lender is more appropriate — without the pressure of a deadline.

Matthew can review your current mortgage, explain the indicative options available for your circumstances, and be clear about the overall cost — including fees — rather than just the headline rate.

Frequently Asked Questions

Common questions about remortgaging.

Remortgaging may make sense if you're coming to the end of your current deal, you're already on your lender's standard variable rate, you want to raise additional funds, or your circumstances have changed. The best way to find out is to speak to Matthew about your situation — he'll review your options with no obligation.
A debt consolidation remortgage works by raising additional funds through a new mortgage deal to pay off higher-interest unsecured debts such as credit cards or personal loans. This means one monthly payment instead of several, and your monthly outgoings could be reduced. However, extending the term could mean you pay more in the long run, and securing debts against your home needs careful consideration — speak to Matthew about your circumstances first.
Yes, it's possible. While many high street lenders prefer a clean credit history, there are specialist lenders who consider clients with bad credit. Matthew will look at these providers if your situation requires.
Your borrowing level depends on several factors including household income, existing financial commitments, and how long you wish to borrow over. Matthew will confirm the realistic level of borrowing you could secure after reviewing your individual circumstances.
We would normally expect a remortgage application to be approved within 2 to 6 weeks. Some lenders are faster than others, and if speed is a priority, Matthew can explain which lenders typically have quicker turnaround times.
No. An initial review is done without any credit search. We only proceed with a credit check later, with your permission, if you choose to move forward with a formal mortgage application.

Ready to review your mortgage?

Tell Matthew about your current mortgage and what you’re trying to achieve. You don’t need to work out the best deal first — that’s part of the advice.

Discuss My Case Ask Molly 01255 440142

An initial review doesn’t involve a credit search.

Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully about securing other debts against your home. When consolidating existing borrowing, be aware that extending the term could increase the amount repaid. Mortgage321 is an Appointed Representative of Ingard Financial Limited, which is authorised and regulated by the Financial Conduct Authority (FCA No. 450731). Mortgage321 FCA AR No. 498937.

Discuss My Case