Are you looking to save money on your monthly payments, consolidate debts, or secure a better interest rate? Find out what deals are available to you today.
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- Find out how much you could save
- Get advice on available deals
- Consolidate personal debts
- Release the equity in your home
- Compare the UK’s best rates
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Get the best available remortgage deal
Remortgaging your property can open up a wide range of possibilities, such as reducing monthly payments, consolidating debts, or releasing equity. Or, perhaps you want to switch to a fixed rate or get different terms in your deal. Option Finance is here to show you your options and navigate you through the remortgage process with ease.
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We’ve helped hundreds get great remortgage deals.
Over the years, Option Finance has helped countless people, just like you, get great remortgage deals. As a specialist mortgage brokerage, we match lenders to our clients based on their personal circumstances. Our job is to make the process as smooth as possible and find the best mortgage and insurance deal available for you.
Get a great deal in 3 simple steps
Let’s get you started in finding a great remortgage deal.
1. Enter some details
Use our online form to tell us a little bit about yourself, your property, your existing mortgage, and why you're planning on remortgaging.
2. Discover your options
Talk to an expert to discover what remortgage deals are currently available to you. We can advise you on your best options here.
3. We’ll do the rest
Our team will guide you through the process of getting the best deal and make your remortgaging experience a good one.
Frequently asked questions
All of the most common buy-to-let mortgage questions, answered by our expert team of mortgage brokers.
When is the best time to remortgage?
The best time to remortgage is usually towards the end of your current mortgage deal, especially before you move onto your lender’s standard variable rate (SVR). It’s also ideal when interest rates are low or if your financial situation has improved.
What documents do I need for a remortgage application?
Typically, you’ll need proof of income (pay slips or tax returns if self-employed), bank statements, ID, details of your current mortgage, and information about your outgoings and debts.
Can I remortgage to buy another property?
Yes, you can release equity through remortgaging to help fund the purchase of another property, whether for investment purposes or as a second home.
Can I remortgage if I'm self employed?
Yes, self-employed individuals can remortgage, though the process might require more documentation, such as tax returns and financial statements, to prove income.
Can I release equity with a remortgage?
Yes, remortgaging allows you to release equity from your home. This can be used for various purposes, such as home improvements, debt consolidation, or major purchases.
What are the main costs associated with remortgaging?
Potential costs include early repayment charges from your current lender, arrangement fees for the new mortgage, valuation fees, legal fees, and possible broker fees. Some lenders offer fee-free remortgage deals.
Important information
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay. If you proceed with a mortgage application, this can affect your credit score. You may have to pay an early repayment charge to your existing lender if you remortgage. Your savings will depend on personal circumstances. Option Finance Ltd is an Appointed Representative of Finance Advice Group Ltd, which is authorised and regulated by the Financial Conduct Authority under number 788478 in respect of mortgage, insurance and consumer credit mediation activities only.
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