News & Insight
Follow our flow chart to see if you should remortgage

Follow our flow chart to see if you should remortgage

Follow our handy flow chart to find out if you should remortgage

Lisa Parker
October 17, 2019

Contents

Text Link
Text Link
Text Link
Text Link
Text Link
Text Link

A

Wondering whether to remortgage?
Remortgaging means switching your existing mortgage to a new deal, either with your existing lender or a different provider. You're not moving house and the new mortgage is still secured against the same property. There can be any number of reasons for making the switch. But we're here to make it easy for you. Just answer the questions below to find out if now is the right time for you to start your remortgage and find a great new deal!
Are you on a fixed rate mortgage? Yes/No
Is it coming to an end? Yes/No | Are you on a Standard Variable Rate? Yes/No
Time to remortgage! | Do you have an early repayment charge? | Are you near the end of your mortgage term? | Are you worried about rising rates?
Yes - It could still be worth paying the ERC and remortgaging | No - Maybe time to remortgage! | Yes - It might be better to stay on the SVR but it's always worth checking if you could do better even in the short term | No - Time to remortgage! | Yes - Have you thought about a fixed rate deal? | No - It's always a good idea to keep an eye on rates as you might be able to get a better deal
If you're ready to get started on your remortgage give us a call on 0808 292 3434 or fill in our online Mortgage Finder now. Remember this is only a guide and before taking any actions on your mortgage, you should get some expert advice tailored to your circumstances - just give us a call.
Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage. London & Country Mortgages Ltd, Beazer House, Lower Bristol Road, Bath, BA2 3BA is a company limited by shares. Our Companies House number is 1988608. We are also authorised and regulated by the Financial Conduct Authority. Our FCA number is 143002. The FCA does not regulate most Buy to Let mortgages.

Was this article helpful?

Thank you for your feedback!

We appreciate your input and will use it to improve our guides.

Oops! Something went wrong while submitting the form.

Check your mortgage options

See the deals you qualify for & how much you could borrow

Get started online