At Rettie Financial Services, we have access to more than 12,000 mortgages from over 90 lenders and will work with you to find the right deal for your current and future needs, whether you’re re-mortgaging for a more competitive rate or releasing equity to build an extension. We'll even complete all the relevant paperwork for you to ensure your re-mortgage goes as smoothly as possible.
When your current mortgage deal is coming to an end, it makes sense to assess your options, not only with your current lender but also with the rest of the mortgage market.
Rettie Financial Services will work with you to find the right deal for your current and future needs, whether you are re-mortgaging for a more competitive rate or releasing equity to build an extension. We'll even complete all the relevant paperwork for you to ensure your re-mortgage goes as smoothly as possible.
Book your free initial financial services consultation today with one of our Mortgage & Protection Advisors.
Did you know?
When you remortgage, you can also sign up for our free 24/7 mortgage monitoring service, which will continuously compare your mortgage against 1,000s of other deals across the market. If we find a deal that we think will work better for you, we'll let you know and offer you the opportunity to update your arrangement.
At Rettie we understand.
We understand that everybody’s property journey is unique. That’s why we’re with you every step of the way. Whatever your mortgage, insurance or other financial needs, and however complex your challenges, Rettie Financial Services have the expertise and experience to provide a tailored service that will deliver for you.
We excel in speed, expertise and customer satisfaction. Our commitment to you extends beyond transactions, providing both financial and emotional support every step of your journey.
We bring a personal touch to every interaction, taking time to understand and address your unique financial requirements. No matter how complex and intricate your needs, we have the knowledge and experience to identify and deliver an innovative personal solution that’s right for you.
Our highly experienced Mortgage & Protection Advisors have a proud track record in delivering a supportive, quick and hassle-free service, as shown by our constant stream of 5 star reviews from satisfied clients.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
Frequently Asked Questions
- What is remortgaging?
Remortgaging is the process of moving the mortgage on your current property to a new deal. This can either be with the same lender or a different one.
- Why should I remortgage?
There are a number of reasons as to why it may be time to remortgage, including but not limited to:
- Your current fixed rate deal is ending
- You're assessing your finances and believe remortgaging could save you money
- You're on a standard variable rate and want to switch to a fixed-rate mortgage
- You're planning on releasing equity from your property to pay for home improvements
- When should I remortgage?
If your discounted term is coming to an end, it's recommended that you start the remortgaging process six months beforehand. You can remortgage at any time, but bear in mind that you may need to pay an early repayment fee to do so.
- How do I remortgage?
Our team of mortgage advisers can support you throughout the entire remortgaging process from start to finish. With access to thousands of deals - many of which aren't available on the high street - they'll be able to source a product that suits your individual circumstances.
- What costs are involved in remortgaging?
Depending on your circumstances, there are a number of costs you'll need to take into account when remortgaging:
- Early repayment fee (depending on when you choose to remortgage)
- Possible product fee to a new lender
- Conveyancing and valuation fees
- Potential mortgage adviser fee
- What happens if I've changed jobs since I last took out a mortgage?
If you've changed roles or increased your earnings in full-time employment, you'll need to provide your current employer's details on your mortgage application.
However, if you've moved to part-time work or your wages have decreased in a new role, the amount you can borrow will be impacted. There are also different rules for those who are self-employed or on maternity leave when remortgaging.
Talk to your mortgage adviser about any changes in circumstances, so they can assess your finances and offer guidance on the options available to you.
- How long does it take to remortgage?
On average, the remortgaging process takes between four to eight weeks. However, just as everyone's financial circumstances are different, there is no set time that it will take to remortgage, so this timeframe isn't guaranteed.
- Do I need a conveyancing solicitor to remortgage?
This depends on whether you remortgage with your current lender or a new one. Remortgaging with your existing lender is known as a product transfer, so no additional legal work is needed.
Meanwhile, remortgaging with a new lender will require a conveyancer. Certain mortgage products will cover the cost of the legal fees as part of the deal, so check with your adviser if this applies to you.