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COMPARE 1000S OF REMORTGAGE RATES

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Virgin Money
Max LTV 60%:
Fixed to 01/02/29
Initial rate
4.54%
then 9.49% (variable)
Monthly repayments
£698
Scheme fees
£895
Annual cost
£8,551
Fees and charges
Booking fee £0
Arrangement fee £895
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/02/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.54% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £697 and 240 payments of £1,023. The total amount payable would be £288,235 made up of the loan amount plus interest (£162,340) and fees (£895). The overall cost for comparison is 7.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
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Yorkshire BS
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.59%
then 8.24% (variable)
Monthly repayments
£701
Scheme fees
£1,495
Annual cost
£8,713
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.59% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £701 and 240 payments of £936. The total amount payable would be £268,195 made up of the loan amount plus interest (£141,700) and fees (£1,495). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
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Yorkshire BS
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.69%
then 8.24% (variable)
Monthly repayments
£708
Scheme fees
£245
Annual cost
£8,549
Fees and charges
Booking fee £0
Arrangement fee £495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.69% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £708 and 240 payments of £938. The total amount payable would be £267,845 made up of the loan amount plus interest (£142,600) and fees (£245). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
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Bank of Ireland
Max LTV 60%:
Fixed to 28/02/29
Initial rate
4.69%
then 8.04% (variable)
Monthly repayments
£708
Scheme fees
£1,495
Annual cost
£8,799
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/29
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.69% and then on a variable rate of 8.04% for the remaining 20 years would require 60 payments of £708 and 240 payments of £924. The total amount payable would be £265,735 made up of the loan amount plus interest (£139,240) and fees (£1,495). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
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Bank of Ireland
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.69%
then 8.04% (variable)
Monthly repayments
£708
Scheme fees
£1,294
Annual cost
£8,759
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/29
Other info
Exit fee £195
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.69% and then on a variable rate of 8.04% for the remaining 20 years would require 60 payments of £708 and 240 payments of £924. The total amount payable would be £265,534 made up of the loan amount plus interest (£139,240) and fees (£1,294). The overall cost for comparison is 6.9% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
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Virgin Money
Max LTV 60%:
Fixed to 01/02/29
Initial rate
4.70%
then 9.49% (variable)
Monthly repayments
£709
Scheme fees
£995
Annual cost
£8,708
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/02/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.70% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £709 and 240 payments of £1,026. The total amount payable would be £289,775 made up of the loan amount plus interest (£163,780) and fees (£995). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
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Bank of Ireland
Max LTV 75%:
Fixed to 28/02/31
Initial rate
4.73%
then 8.04% (variable)
Monthly repayments
£711
Scheme fees
£1,495
Annual cost
£8,748
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/31
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 7 years at 4.73% and then on a variable rate of 8.04% for the remaining 18 years would require 84 payments of £711 and 216 payments of £906. The total amount payable would be £256,915 made up of the loan amount plus interest (£130,420) and fees (£1,495). The overall cost for comparison is 6.5% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
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Natwest
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.73%
then 8.24% (variable)
Monthly repayments
£711
Scheme fees
£1,544
Annual cost
£8,843
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.73% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £711 and 240 payments of £938. The total amount payable would be £269,324 made up of the loan amount plus interest (£142,780) and fees (£1,544). The overall cost for comparison is 7.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
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Nationwide
Max LTV 60%:
Fixed for 5 years
Initial rate
4.74%
then 7.99% (variable)
Monthly repayments
£712
Scheme fees
£798
Annual cost
£8,703
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.74% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £711 and 240 payments of £921. The total amount payable would be £264,498 made up of the loan amount plus interest (£138,700) and fees (£798). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
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Bank of Ireland
Max LTV 60%:
Fixed to 28/02/29
Initial rate
4.74%
then 8.04% (variable)
Monthly repayments
£712
Scheme fees
£995
Annual cost
£8,742
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/29
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.74% and then on a variable rate of 8.04% for the remaining 20 years would require 60 payments of £711 and 240 payments of £925. The total amount payable would be £265,655 made up of the loan amount plus interest (£139,660) and fees (£995). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
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First Direct
Max LTV 60%:
Fixed to 5 years
Initial rate
4.74%
then 6.99% (variable)
Monthly repayments
£712
Scheme fees
£490
Annual cost
£8,641
Fees and charges
Booking fee £490
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.74% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £711 and 240 payments of £854. The total amount payable would be £248,110 made up of the loan amount plus interest (£122,620) and fees (£490). The overall cost for comparison is 6.2% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
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TSB
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.74%
then 8.74% (variable)
Monthly repayments
£712
Scheme fees
£994
Annual cost
£8,742
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.74% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £711 and 240 payments of £973. The total amount payable would be £277,174 made up of the loan amount plus interest (£151,180) and fees (£994). The overall cost for comparison is 7.4% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.4% APRC
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Cumberland
Max LTV 75%:
Fixed to 01/01/29
Initial rate
4.75%
then 8.24% (variable)
Monthly repayments
£713
Scheme fees
£999
Annual cost
£8,752
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 01/01/29
Other info
Exit fee £125
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.75% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £712 and 240 payments of £938. The total amount payable would be £268,839 made up of the loan amount plus interest (£142,840) and fees (£999). The overall cost for comparison is 7.1% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
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Bank of Ireland
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.75%
then 8.04% (variable)
Monthly repayments
£713
Scheme fees
£1,495
Annual cost
£8,851
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/29
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.75% and then on a variable rate of 8.04% for the remaining 20 years would require 60 payments of £712 and 240 payments of £925. The total amount payable would be £266,215 made up of the loan amount plus interest (£139,720) and fees (£1,495). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
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Skipton
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.76%
then 6.79% (variable)
Monthly repayments
£713
Scheme fees
£2,995
Annual cost
£9,159
Fees and charges
Booking fee £0
Arrangement fee £2,995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
6% reducing to 1.75% until 31/03/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.76% and then on a variable rate of 6.79% for the remaining 20 years would require 60 payments of £713 and 240 payments of £841. The total amount payable would be £247,615 made up of the loan amount plus interest (£119,620) and fees (£2,995). The overall cost for comparison is 6.2% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
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Coventry
Max LTV 65%:
Fixed to 30/06/29
Initial rate
4.77%
then 7.49% (variable)
Monthly repayments
£714
Scheme fees
£948
Annual cost
£8,759
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £350
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £125
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.77% and then on a variable rate of 7.49% for the remaining 20 years would require 60 payments of £714 and 240 payments of £888. The total amount payable would be £256,908 made up of the loan amount plus interest (£130,960) and fees (£948). The overall cost for comparison is 6.6% APRC representative.
Max LTV 65% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
Bank of Ireland
Max LTV 75%:
Fixed to 28/02/31
Initial rate
4.78%
then 8.04% (variable)
Monthly repayments
£715
Scheme fees
£995
Annual cost
£8,720
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/31
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 7 years at 4.78% and then on a variable rate of 8.04% for the remaining 18 years would require 84 payments of £714 and 216 payments of £907. The total amount payable would be £256,883 made up of the loan amount plus interest (£130,888) and fees (£995). The overall cost for comparison is 6.5% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.5% APRC
?
Natwest
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.78%
then 8.24% (variable)
Monthly repayments
£715
Scheme fees
£1,044
Annual cost
£8,787
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.78% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £714 and 240 payments of £939. The total amount payable would be £269,244 made up of the loan amount plus interest (£143,200) and fees (£1,044). The overall cost for comparison is 7.1% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Natwest
Max LTV 75%:
Fixed to 31/03/29
Initial rate
4.78%
then 8.24% (variable)
Monthly repayments
£715
Scheme fees
£1,544
Annual cost
£8,887
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.78% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £714 and 240 payments of £939. The total amount payable would be £269,744 made up of the loan amount plus interest (£143,200) and fees (£1,544). The overall cost for comparison is 7.1% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Yorkshire BS
Max LTV 80%:
Fixed to 28/02/29
Initial rate
4.79%
then 8.24% (variable)
Monthly repayments
£716
Scheme fees
£1,495
Annual cost
£8,885
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.79% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £715 and 240 payments of £939. The total amount payable would be £269,755 made up of the loan amount plus interest (£143,260) and fees (£1,495). The overall cost for comparison is 7.1% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Yorkshire BS
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.79%
then 8.24% (variable)
Monthly repayments
£716
Scheme fees
-£150
Annual cost
£8,556
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £150
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.79% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £715 and 240 payments of £939. The total amount payable would be £268,110 made up of the loan amount plus interest (£143,260) and fees (-£150). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Co-Op
Max LTV 60%:
Fixed to 30/04/29
Initial rate
4.79%
then 8.12% (variable)
Monthly repayments
£716
Scheme fees
£749
Annual cost
£8,736
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
5% reducing to 1% until 30/04/29
Other info
Exit fee £50
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.79% and then on a variable rate of 8.12% for the remaining 20 years would require 60 payments of £715 and 240 payments of £931. The total amount payable would be £267,089 made up of the loan amount plus interest (£141,340) and fees (£749). The overall cost for comparison is 7.0% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
HSBC
Max LTV 60%:
Fixed to 28/02/29
Initial rate
4.79%
then 6.99% (variable)
Monthly repayments
£716
Scheme fees
£998
Annual cost
£8,786
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 28/02/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.79% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £715 and 240 payments of £854. The total amount payable would be £248,858 made up of the loan amount plus interest (£122,860) and fees (£998). The overall cost for comparison is 6.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
TSB
Max LTV 75%:
Fixed to 31/03/29
Initial rate
4.79%
then 8.74% (variable)
Monthly repayments
£716
Scheme fees
£994
Annual cost
£8,785
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.79% and then on a variable rate of 8.74% for the remaining 20 years would require 60 payments of £715 and 240 payments of £974. The total amount payable would be £277,654 made up of the loan amount plus interest (£151,660) and fees (£994). The overall cost for comparison is 7.4% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.4% APRC
?
Virgin Money
Max LTV 70%:
Fixed to 01/02/29
Initial rate
4.80%
then 9.49% (variable)
Monthly repayments
£716
Scheme fees
£995
Annual cost
£8,794
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/02/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.80% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £716 and 240 payments of £1,028. The total amount payable would be £290,675 made up of the loan amount plus interest (£164,680) and fees (£995). The overall cost for comparison is 7.9% APRC representative.
Max LTV 70% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Virgin Money
Max LTV 60%:
Fixed to 01/02/29
Initial rate
4.80%
then 9.49% (variable)
Monthly repayments
£716
Scheme fees
£0
Annual cost
£8,595
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3.5% until 01/02/29
Other info
Exit fee £99
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.80% and then on a variable rate of 9.49% for the remaining 20 years would require 60 payments of £716 and 240 payments of £1,028. The total amount payable would be £289,680 made up of the loan amount plus interest (£164,680) and fees (£0). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Bank of Ireland
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.80%
then 8.04% (variable)
Monthly repayments
£716
Scheme fees
£995
Annual cost
£8,794
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
4% reducing to 2% until 28/02/29
Other info
Exit fee £195
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.80% and then on a variable rate of 8.04% for the remaining 20 years would require 60 payments of £716 and 240 payments of £925. The total amount payable would be £265,955 made up of the loan amount plus interest (£139,960) and fees (£995). The overall cost for comparison is 7.0% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Skipton
Max LTV 75%:
Fixed to 31/03/29
Initial rate
4.80%
then 6.79% (variable)
Monthly repayments
£716
Scheme fees
£2,995
Annual cost
£9,194
Fees and charges
Booking fee £0
Arrangement fee £2,995
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
6% reducing to 1.75% until 31/03/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.80% and then on a variable rate of 6.79% for the remaining 20 years would require 60 payments of £716 and 240 payments of £841. The total amount payable would be £247,795 made up of the loan amount plus interest (£119,800) and fees (£2,995). The overall cost for comparison is 6.2% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
?
Natwest
Max LTV 75%:
Fixed to 31/03/29
Initial rate
4.83%
then 8.24% (variable)
Monthly repayments
£718
Scheme fees
£1,044
Annual cost
£8,830
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
4.5% reducing to 1% until 31/03/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.83% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £718 and 240 payments of £940. The total amount payable would be £269,724 made up of the loan amount plus interest (£143,680) and fees (£1,044). The overall cost for comparison is 7.1% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Santander
Max LTV 60%:
Fixed to 02/04/29
Initial rate
4.83%
then 7.50% (variable)
Monthly repayments
£718
Scheme fees
£1,048
Annual cost
£8,831
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 02/04/29
Other info
Exit fee £225
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.83% and then on a variable rate of 7.50% for the remaining 20 years would require 60 payments of £718 and 240 payments of £889. The total amount payable would be £257,488 made up of the loan amount plus interest (£131,440) and fees (£1,048). The overall cost for comparison is 6.6% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
Nationwide
Max LTV 75%:
Fixed for 5 years
Initial rate
4.84%
then 7.99% (variable)
Monthly repayments
£719
Scheme fees
£798
Annual cost
£8,789
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £923. The total amount payable would be £265,458 made up of the loan amount plus interest (£139,660) and fees (£798). The overall cost for comparison is 6.9% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
HSBC
Max LTV 70%:
Fixed to 28/02/29
Initial rate
4.84%
then 6.99% (variable)
Monthly repayments
£719
Scheme fees
£998
Annual cost
£8,829
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 28/02/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £855. The total amount payable would be £249,338 made up of the loan amount plus interest (£123,340) and fees (£998). The overall cost for comparison is 6.3% APRC representative.
Max LTV 70% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
HSBC
Max LTV 75%:
Fixed to 28/02/29
Initial rate
4.84%
then 6.99% (variable)
Monthly repayments
£719
Scheme fees
£998
Annual cost
£8,829
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 28/02/29
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £855. The total amount payable would be £249,338 made up of the loan amount plus interest (£123,340) and fees (£998). The overall cost for comparison is 6.3% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
Digital Mortgages
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.84%
then 6.99% (variable)
Monthly repayments
£719
Scheme fees
£900
Annual cost
£8,810
Fees and charges
Booking fee £0
Arrangement fee £900
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
5% reducing to 1.5% until 31/03/29
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £855. The total amount payable would be £249,240 made up of the loan amount plus interest (£123,340) and fees (£900). The overall cost for comparison is 6.3% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
First Direct
Max LTV 75%:
Fixed to 5 years
Initial rate
4.84%
then 6.99% (variable)
Monthly repayments
£719
Scheme fees
£490
Annual cost
£8,728
Fees and charges
Booking fee £490
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? Unlimited
Early Repayment Charge:
3% reducing to 2% for 5 years
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £855. The total amount payable would be £248,830 made up of the loan amount plus interest (£123,340) and fees (£490). The overall cost for comparison is 6.3% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
Coventry
Max LTV 75%:
Fixed to 30/06/29
Initial rate
4.84%
then 7.49% (variable)
Monthly repayments
£719
Scheme fees
£948
Annual cost
£8,819
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £350
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 30/06/29
Other info
Exit fee £125
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.84% and then on a variable rate of 7.49% for the remaining 20 years would require 60 payments of £719 and 240 payments of £889. The total amount payable would be £257,448 made up of the loan amount plus interest (£131,500) and fees (£948). The overall cost for comparison is 6.6% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
Vernon
Max LTV 80%:
Fixed to 31/01/29
Initial rate
4.85%
then 8.10% (variable)
Monthly repayments
£720
Scheme fees
£1,243
Annual cost
£8,887
Fees and charges
Booking fee £0
Arrangement fee £699
Valuation fee £245
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 31/01/29
Other info
Exit fee £130
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.85% and then on a variable rate of 8.10% for the remaining 20 years would require 60 payments of £719 and 240 payments of £930. The total amount payable would be £267,583 made up of the loan amount plus interest (£141,340) and fees (£1,243). The overall cost for comparison is 7.0% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
Nationwide
Max LTV 60%:
Fixed for 5 years
Initial rate
4.85%
then 7.99% (variable)
Monthly repayments
£720
Scheme fees
-£201
Annual cost
£8,598
Fees and charges
Booking fee £0
Arrangement fee £0
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% for 5 years
Other info
Exit fee £65
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.85% and then on a variable rate of 7.99% for the remaining 20 years would require 60 payments of £719 and 240 payments of £923. The total amount payable would be £264,459 made up of the loan amount plus interest (£139,660) and fees (-£201). The overall cost for comparison is 6.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.9% APRC
?
Skipton
Max LTV 60%:
Fixed to 31/03/29
Initial rate
4.86%
then 6.79% (variable)
Monthly repayments
£721
Scheme fees
£1,295
Annual cost
£8,906
Fees and charges
Booking fee £0
Arrangement fee £1,295
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
6% reducing to 1.75% until 31/03/29
Other info
Exit fee £55
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.86% and then on a variable rate of 6.79% for the remaining 20 years would require 60 payments of £720 and 240 payments of £842. The total amount payable would be £246,575 made up of the loan amount plus interest (£120,280) and fees (£1,295). The overall cost for comparison is 6.2% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 6.2% APRC
?
Natwest
Max LTV 60%:
Fixed to 31/03/26
Initial rate
4.87%
then 8.24% (variable)
Monthly repayments
£721
Scheme fees
£1,544
Annual cost
£9,428
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
1.5% reducing to 0.75% until 31/03/26
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 2 years at 4.87% and then on a variable rate of 8.24% for the remaining 23 years would require 24 payments of £721 and 276 payments of £967. The total amount payable would be £285,740 made up of the loan amount plus interest (£159,196) and fees (£1,544). The overall cost for comparison is 7.8% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.8% APRC
?
Bank of Ireland
Max LTV 60%:
Fixed to 28/02/27
Initial rate
4.87%
then 8.04% (variable)
Monthly repayments
£721
Scheme fees
£1,494
Annual cost
£9,154
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% pa
Early Repayment Charge:
3% reducing to 2% until 28/02/27
Other info
Exit fee £195
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.87% and then on a variable rate of 8.04% for the remaining 22 years would require 36 payments of £721 and 264 payments of £943. The total amount payable would be £276,402 made up of the loan amount plus interest (£149,908) and fees (£1,494). The overall cost for comparison is 7.4% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.4% APRC
?
Coventry
Max LTV 65%:
Fixed to 30/06/27
Initial rate
4.88%
then 7.49% (variable)
Monthly repayments
£722
Scheme fees
£948
Annual cost
£8,980
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £350
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 2% until 30/06/27
Other info
Exit fee £125
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.88% and then on a variable rate of 7.49% for the remaining 22 years would require 36 payments of £722 and 264 payments of £903. The total amount payable would be £265,332 made up of the loan amount plus interest (£139,384) and fees (£948). The overall cost for comparison is 7.0% APRC representative.
Max LTV 65% Early Repayment Charges apply
Overall cost for comparison 7.0% APRC
?
TSB
Max LTV 60%:
Fixed to 31/03/26
Initial rate
4.89%
then 8.74% (variable)
Monthly repayments
£723
Scheme fees
£994
Annual cost
£9,170
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
2% reducing to 1% until 31/03/26
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 2 years at 4.89% and then on a variable rate of 8.74% for the remaining 23 years would require 24 payments of £722 and 276 payments of £1,007. The total amount payable would be £296,254 made up of the loan amount plus interest (£170,260) and fees (£994). The overall cost for comparison is 8.2% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 8.2% APRC
?
TSB
Max LTV 60%:
Fixed to 31/03/27
Initial rate
4.89%
then 8.74% (variable)
Monthly repayments
£723
Scheme fees
£994
Annual cost
£9,004
Fees and charges
Booking fee £0
Arrangement fee £995
Valuation fee £0
Other fees £0
Cashback £300
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 1% until 31/03/27
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.89% and then on a variable rate of 8.74% for the remaining 22 years would require 36 payments of £722 and 264 payments of £997. The total amount payable would be £290,194 made up of the loan amount plus interest (£164,200) and fees (£994). The overall cost for comparison is 7.9% APRC representative.
Max LTV 60% Early Repayment Charges apply
Overall cost for comparison 7.9% APRC
?
Yorkshire BS
Max LTV 85%:
Fixed to 28/02/29
Initial rate
4.89%
then 8.24% (variable)
Monthly repayments
£723
Scheme fees
£1,495
Annual cost
£8,972
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.89% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £722 and 240 payments of £941. The total amount payable would be £270,655 made up of the loan amount plus interest (£144,160) and fees (£1,495). The overall cost for comparison is 7.1% APRC representative.
Max LTV 85% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
MPowered Mortgages
Max LTV 85%:
Fixed for 10 years
Initial rate
4.89%
then 8.74% (variable)
Monthly repayments
£723
Scheme fees
£798
Annual cost
£8,753
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £500
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% for 10 years
Other info
Exit fee £0
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 10 years at 4.89% and then on a variable rate of 8.74% for the remaining 15 years would require 120 payments of £722 and 180 payments of £919. The total amount payable would be £252,858 made up of the loan amount plus interest (£127,060) and fees (£798). The overall cost for comparison is 6.3% APRC representative.
Max LTV 85% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
Yorkshire BS
Max LTV 75%:
Fixed to 28/02/27
Initial rate
4.89%
then 8.24% (variable)
Monthly repayments
£723
Scheme fees
£1,495
Annual cost
£9,171
Fees and charges
Booking fee £0
Arrangement fee £1,495
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
3% reducing to 2% until 28/02/27
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 3 years at 4.89% and then on a variable rate of 8.24% for the remaining 22 years would require 36 payments of £722 and 264 payments of £959. The total amount payable would be £280,663 made up of the loan amount plus interest (£154,168) and fees (£1,495). The overall cost for comparison is 7.6% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 7.6% APRC
?
Digital Mortgages
Max LTV 75%:
Fixed to 31/03/29
Initial rate
4.89%
then 6.99% (variable)
Monthly repayments
£723
Scheme fees
£900
Annual cost
£8,853
Fees and charges
Booking fee £0
Arrangement fee £900
Valuation fee £0
Other fees £0
Cashback £0
Flexibility
Overpayments allowed? 20% p/a
Early Repayment Charge:
5% reducing to 1.5% until 31/03/29
Other info
Exit fee £0
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.89% and then on a variable rate of 6.99% for the remaining 20 years would require 60 payments of £722 and 240 payments of £856. The total amount payable would be £249,660 made up of the loan amount plus interest (£123,760) and fees (£900). The overall cost for comparison is 6.3% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.3% APRC
?
Yorkshire BS
Max LTV 80%:
Fixed to 28/02/29
Initial rate
4.89%
then 8.24% (variable)
Monthly repayments
£723
Scheme fees
£245
Annual cost
£8,722
Fees and charges
Booking fee £0
Arrangement fee £495
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 2% until 28/02/29
Other info
Exit fee £90
Estimated legals £0
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.89% and then on a variable rate of 8.24% for the remaining 20 years would require 60 payments of £722 and 240 payments of £941. The total amount payable would be £269,405 made up of the loan amount plus interest (£144,160) and fees (£245). The overall cost for comparison is 7.1% APRC representative.
Max LTV 80% Early Repayment Charges apply
Overall cost for comparison 7.1% APRC
?
Santander
Max LTV 75%:
Fixed to 02/04/29
Initial rate
4.89%
then 7.50% (variable)
Monthly repayments
£723
Scheme fees
£1,048
Annual cost
£8,883
Fees and charges
Booking fee £0
Arrangement fee £999
Valuation fee £0
Other fees £0
Cashback £250
Flexibility
Overpayments allowed? 10% p/a
Early Repayment Charge:
5% reducing to 1% until 02/04/29
Other info
Exit fee £225
Estimated legals £299
Representative example A mortgage of £125,000 payable over 25 years, initially on a fixed rate for 5 years at 4.89% and then on a variable rate of 7.50% for the remaining 20 years would require 60 payments of £722 and 240 payments of £890. The total amount payable would be £257,968 made up of the loan amount plus interest (£131,920) and fees (£1,048). The overall cost for comparison is 6.6% APRC representative.
Max LTV 75% Early Repayment Charges apply
Overall cost for comparison 6.6% APRC
?
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When compiling our remortgage best buy tables we compare the best remortgage rates from across the UK market, including deals that are exclusive to us. It's important to remember that the best remortgage deals are not necessarily about getting the lowest mortgage rate possible, you also need to take into account all the fees and charges associated in setting up your new mortgage deal.

By choosing L&C to find your next remortgage deal our advisers will research the market for you, looking at criteria, set up fees and the rate to help you compare the best remortgage deal for your circumstances, saving you time and effort. Our best buy tables above show you the remortgage deals currently available, both fixed rates and variable rates, whether you are looking to purchase or remortgage to a better deal.

After using L&C for their remortgage or another financial product, 93% of L&C customers would recommend us based on 1462 Reviews.co.uk respondents. Read our reviews

Discover the best remortgage rates

Our remortgage best buy tables compare the best remortgage rates from across the UK market, including any deals that are exclusive to us. It's important to remember that the best remortgages are not necessarily about getting the lowest mortgage rate possible, you also need to take into account all the fees and charges associated with setting up your new mortgage deal.

By choosing L&C to find your next remortgage deal, our advisers will research the market for you, looking at criteria, set up fees and the interest rate to help you compare remortgage offers based on your circumstances, saving you time and effort. Our best buy tables above show you the remortgage deals currently available, both fixed rates and variable rates, as well as those with special features such as offset .

Remember, the best remortgage rates change all the time, so it’s important to have accurate, recent information at hand to make your decision. The best remortgage deals will depend on your unique circumstances and what you’re eligible for, get in touch with us today and we can help you find the right option.


Do you get a better rate when you remortgage?

The UK mortgage market is highly competitive, with deals changing on a regular basis. That’s good news for those looking to remortgage as there’s often a good deal waiting if you look for it.

That said, there are always a few important factors to consider when it comes to whether you’ll be able to get a good remortgage offer or not.

Things that will increase your chances of finding a better deal include:

  • Your property value has increased. Rising house prices lead to a lower loan to value (LTV), potentially meaning lower rates and a better deal.
  • You’ve paid off a substantial portion of your loan. This also means you’ll have a lower LTV and may be able to access new, better mortgage deals.

On the other hand, there are certain factors that may reduce your ability to get a better remortgage deal. These include:

  • Your home has reduced in value. This will raise your LTV, meaning you might have less choice when it comes to remortgaging.
  • Your credit score is low. Lenders may regard you as higher risk, increasing the interest rate they charge and the overall cost accordingly.

The best way to get a good remortgage deal is always to shop around with the help of a knowledgeable adviser, who can guide you based on your specific needs and circumstances and provide sound guidance when it comes to fees and overall costs, as these can vary a lot from deal to deal.

To improve your chances of getting a good remortgage deal, you could; work towards improving your credit score, try to pay down your debt quickly to reduce your LTV, and make sure to always compare remortgage rates.

If you’d like to understand more about what options are available to you or find out about the different costs that might be involved, we can help.


How much could you save by switching to a better deal?

The amount you can save by remortgaging will vary depending on the size of your mortgage, your mortgage term, and whether your new rate is lower than your old one.

Savings are likely to be biggest if you're moving from your lender's standard variable rate (SVR) to a new deal and these savings could potentially be hundreds or even thousands of pounds a year.

For example, saving 2% on a £150,000, 25-year repayment mortgage would cut the monthly payments by about £160 a month or nearly £2,000 over a year.


What remortgage deal should you get?

There are lots of different types of remortgage deals to choose from, so it's important to get to grips with how they all work.

A good remortgage deal will depend on what your current circumstances are. It could be that you are after something that will offer you a lower interest rate than you’re currently paying, or a fixed rate to give you stability of monthly payments, or if your mortgage balance is lower it could be a deal with low or no setup fees.

Here, we look at the main remortgage options, and why you might want to consider each one.

Fixed rate remortgages

A fixed rate remortgage, as the name suggests, enables you to lock into a fixed rate for a set period of time. This is typically either two, three or five years, but can be ten or more years. There will usually be an Early Repayment Charge if you want to pay off or switch your mortgage during the fixed rate period.

Ideal if you want to... fix your mortgage payments for a certain period so you'll have peace of mind that your monthly mortgage payments won't change if interest rates rise.

Tracker remortgages

A tracker remortgage usually tracks the Bank of England base rate, plus a set percentage. Homeowners with tracker mortgages benefit when interest rates are falling, as their mortgage rate and monthly payments reduce when the base rate does. However, when the base rate increases, their mortgage rate also goes up, meaning steeper monthly payments.

Ideal if you want to... benefit from a low remortgage rate now, and are comfortable that your monthly payments may fluctuate over time.

Capped rate remortgages

If you choose a capped rate remortgage deal, your mortgage rate can go up or down over time, but it will never go above a certain limit. It's worth noting however that capped rate mortgages are rarely available at the moment.

Ideal if you want to... benefit from lower rates if interest rates fall, but don't want your payments to exceed a particular amount if they move in the other direction.

Discount remortgages

With a discount remortgage, the lender will typically offer you a discount off their standard variable rate (SVR) for a specified period of time. This means that during the discount period, typically 2 to 5 years, you'll pay a rate that is always lower than the SVR and will benefit if interest rates fall and the lender passes on this cut by reducing the SVR. You must, however, be prepared for higher payments if interest rates rise and your lender increases their SVR.

Ideal if you want to... benefit from lower rates if interest rates are cut, although your lender doesn't have to move its SVR down if this does happen.

Offset remortgages

An offset mortgage allows you to offset any savings you have against the amount you're borrowing, so reducing the amount of interest you pay. This can help you to pay off your mortgage sooner. Bear in mind though, that offset remortgage rates tend to be slightly higher than standard mortgage rates.

Ideal if you want to... keep your savings readily accessible but use them to help keep mortgage interest costs to a minimum.


Compare remortgage deals

Ready to start your remortgage? You can compare remortgage deals with our online Mortgage Finder tool. Don't forget, if at any point you want to chat anything through with one of our advisers, you can call us on 0808 292 0922.

Remortgage FAQs

Am I eligible to remortgage?

To be eligible to remortgage, you'll need to have at least 5% equity in your home. The more equity you have, the more likely it is that you'll be able to access the best deals.

You'll also need a good credit score and must be able to demonstrate to your new lender that you'll be able to keep up with your repayments.

Your monthly income will also be a key factor that lenders will look at, along with any debts you might have. If, for example, you have lots of other outstanding loans and credit card debts, they may limit the amount you can borrow.

You can see which deals you’re eligible for and get started on your remortgage easily in 5 minutes using our online Mortgage Finder.