News & insights - Remortgage

With Valentine’s Day around the corner, we take a look at the practical considerations you’ll want to think about before you make the big commitment of living together.

Mortgage prisoners stuck paying expensive rates may find it easier to remortgage to cheaper deals after Nationwide announced changes to its affordability rules.

Around 140,000 mortgage deals are due to mature this April, so if you’re one of them it’s worth looking into remortgaging as soon as possible.

After all that festive spending, the New Year is the ideal time to review your finances and look at ways you might be able to save money in 2020.

If you're wondering whether to remortgage, follow our handy flow chart to work out if it's the right move for you.

Take a trip on the underground to find out if you should remortgage...

Inflation-busting increases in school fees mean that some parents may consider using equity tied up in their homes to help cover costs.

Despite recent reports that self-employed people often believe they’d struggle to get a mortgage, being your own boss won’t necessarily make it harder to get on the property ladder.

Figures reveal a growing number of mortgages being taken over terms of 35 years or more. Find out about the pros and cons of longer mortgage terms.

Most mortgage applications go without a hitch, but there are times when applications are refused, leaving buyers or homeowners wondering which way to turn. The good news is that once you know the reasons why a mortgage might be declined you can work on boosting your chances of being accepted.

Not sure whether to remortgage? Here are five reasons why it could be a good idea for you to find a new mortgage deal:

First-time buyer numbers in August reached their highest level since June last year, with a total of 35,500 mortgages completed.

The number of self-employed people in the UK continues to grow, but getting a mortgage if you work for yourself isn’t always straightforward.

Growing numbers of lenders are launching Help to Buy mortgages, increasing the options available to buyers of new build properties.

This year’s Gas Safety Week, which runs from September 17-23, aims to raise awareness of the dangers of poorly maintained gas appliances, which can cause fires, explosions, gas leaks and carbon monoxide poisoning.

Gross mortgage lending reached £24.6bn in July, according to latest figures from trade body UK Finance, its highest level since March 2016.

Nearly 60 lenders have committed to help homeowners who can’t currently remortgage to a cheaper deal because of stricter affordability checks.

Clydesdale Bank has become the latest lender to introduce a new range of mortgages specifically for professionals.

Homeowners with only a limited amount of equity now have a greater choice of remortgage options, with lenders including Virgin Money, Tesco and Atom Bank improving their offerings at this end of the market.

More than 40,000 homeowners remortgaged in April, according to latest figures from trade body UK Finance, up 36% compared to the same month last year.

Two lenders, Sainsbury’s Bank and The Mortgage Lender, have entered the buy to let market this for the first time, widening the range of mortgage options available to landlords.

More should be done to help ‘mortgage prisoners’, according to the city regulator the Financial Conduct Authority.

The spotlight in this weekend’s financial press was very much on newly announced Government plans to tackle the issues surrounding leasehold houses.

If you own property you rent out, make sure you aren’t paying more than you need to for your buy to let mortgage. Just as those with residential mortgages should regularly review their mortgages to see if they can cut costs, landlords should also check whether remortgaging could reduce their monthly payments...

How far ahead can I start a remortgage? Many mortgage offers are valid for between three and six months.