Remortgage
your home
- Switch to a more competitive mortgage rate
- Release equity from your property
- Adjust your mortgage to suit your goals
Ways to remortgage your home
Remortgage to a new lender
- Compare remortgage deals across the market
- Review rates, fees, terms and total cost
- Check your options before your current deal ends
Compare remortgage options→
Product transfer
- Review your current lender’s available rates
- Avoid a full remortgage application where possible
- Compare staying with your lender against switching
See product transfer options →
Remortgage to release equity
- Explore borrowing for renovations or other plans
- Check how extra borrowing affects repayments
- Compare equity release with other borrowing options
Explore releasing equity →
Remortgage to change your term
- Extend your term to reduce monthly payments
- Shorten your term to repay the mortgage sooner
- Review how term changes affect total interest
See term adjustment options →
When does your current
deal end?
- Lock in a better rate before your deal ends
- Avoid costly standard variable rates by planning ahead
- Take control of your mortgage journey with confidence
What to understand before remortgaging
Is now the right time to remortgage?
Check when to start reviewing your mortgage, what could affect your timing, and whether switching now, waiting, or preparing early may make more sense.
Check your timing →
What could remortgaging cost you?
Look beyond the rate and compare arrangement fees, valuation costs, legal fees and possible early repayment charges before deciding if switching is worthwhile.
See the true cost →
How much could you borrow?
See how your income, equity, property value, credit file and reason for borrowing can affect what lenders may be willing to offer.
Check your borrowing options →
Could you reduce your mortgage payments?
- Compare your current rate with today’s deals
- Estimate how payments could change
- Review your options before your deal ends
Arrange your remortgage
How we work in 3 easy steps
Getting a mortgage can feel like a big step, but the process is much easier when you know what happens next.
Muttuo Mortgages helps you compare your options, understand what lenders may look for and move from early advice to application with clear support throughout.
Share your details with Team Muttuo, and we’ll provide you with personalised advice for your remortgage journey.
Our independent mortgage experts will outline your options and compare over 20,000 deals from more than 100 lenders to find the right solution for you.
Leave it to Team Muttuo; we’ll manage the paperwork and application process, liaise with the lender, and guide you through until your mortgage completes.
Why choose Muttuo Mortgages
Voted best mortgage broker for multiple years, Muttuo combines modern technology with award-winning mortgage expertise. We combine smart tools with real advisers to make buying, moving and remortgaging simpler.
Whole-of-market comparison
Clear, expert guidance
Support from review to completion
Help with more complex remortgages
Remortgage timeline
- Review your current mortgage deal (instant)
- Check your property value and available equity (instant)
- Compare remortgage deals across lenders (1 to 3 days)
- Submit your remortgage application (around 1 week)
- Property valuation takes place (around 2 weeks)
- Receive your new mortgage offer (around 2 weeks)
- Legal work and lender checks are completed (2 to 4 weeks)
- Your new mortgage completes
Want a more detailed breakdown?
How much faster could you repay your mortgage?
- See how overpayments affect your balance
- Estimate how many years you could reduce
- Understand potential interest savings
A complete guide to remortgaging
- When to start reviewing your mortgage
- How switching lenders works
- Ways to reduce payments or release equity
The latest mortgage news
Remortgage questions answered
When should you start looking for a remortgage?
Most lenders allow you to secure a new mortgage deal three to six months before your current rate ends.
Reviewing your options early can help you avoid moving onto your lender’s standard variable rate (SVR), which is usually higher than fixed mortgage rates.
Starting the process early also gives you time to compare lenders, complete any required paperwork, and ensure the new mortgage is ready when your current deal ends.
Do you have to change lenders when you remortgage?
No. Many homeowners stay with their existing lender by switching to a new deal through a product transfer.
Product transfers are often quicker and may involve fewer affordability checks or legal steps.
However, comparing options across the wider market can sometimes reveal lower rates or more suitable products, so it can be worthwhile reviewing deals from other lenders before deciding.
Can you remortgage to release equity?
Yes. If your property has increased in value or your mortgage balance has reduced, you may be able to release equity when remortgaging.
Homeowners sometimes use released equity for:
- home improvements or renovations
- purchasing another property
- consolidating debts
- supporting other financial goals
Lenders will assess affordability and loan-to-value limits before approving additional borrowing.
Will lenders reassess affordability when you remortgage?
If you switch to a new lender, your income, credit profile and financial commitments will usually be reassessed.
This may involve providing payslips, bank statements and evidence of employment.
However, if you remain with your existing lender through a product transfer, the checks may be lighter because the lender already has your mortgage information.
Are there costs involved in remortgaging?
Remortgaging can involve fees, although many lenders offer packages designed to reduce them.
Common remortgage costs may include:
- mortgage arrangement fees
- property valuation fees
- legal or conveyancing fees
Some lenders provide free valuations or free legal services as part of a remortgage package, which can help reduce the overall cost of switching.
What happens if you do not remortgage when your deal ends?
If you do not switch deals when your mortgage rate ends, your loan will usually move onto your lender’s standard variable rate (SVR).
The SVR is typically higher than fixed or tracker deals and can change at the lender’s discretion. This often results in higher monthly repayments.
For this reason, many homeowners review remortgage options several months before their current deal expires.
Can you remortgage before your fixed rate ends?
Yes, but doing so may trigger an Early Repayment Charge (ERC).
Early repayment charges can range from 1% to 5% of the remaining mortgage balance, depending on your lender and the terms of your deal.
In some cases, the savings from a lower interest rate may still outweigh the cost of the charge, but it is important to review the numbers carefully before switching early.
Does remortgaging affect your credit score?
Remortgaging usually involves a credit check, particularly if you move to a new lender.
A single credit search typically has minimal impact on your credit score. However, multiple applications within a short period could affect your profile.
Working with a broker can help identify suitable lenders first, which reduces the need for unnecessary applications.
How long does the remortgage process take?
Remortgaging usually involves a credit check, particularly if you move to a new lender.
A single credit search typically has minimal impact on your credit score. However, multiple applications within a short period could affect your profile.
Working with a broker can help identify suitable lenders first, which reduces the need for unnecessary applications.
How to apply
Speak to Team Muttuo
Thinking about remortgaging? Let’s review your options. Call 0333 012 4015, and we’ll assess your current deal, rate expiry and whether switching could improve your mortgage. Lines open Monday to Saturday, 9am to 5pm.
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