Remortgaging to get a better interest rate

It’s good practice every so often, especially when circumstances change, to think about how to remortgage and get the best rate. Whether you need advice on how to get a better deal on your mortgage, on reducing your loan-to-value to get a better rate or to simply find out what your current options are within your existing deal, we have the expert knowledge to help.

At Private Wealth Mortgages, our friendly mortgage advisors take the time to get to know you and where you are in life. With a combined 50 years of experience in the industry, they take an in-depth view of each applicant’s personal circumstances, challenges and goals.

So, can you negotiate a better mortgage rate?

It’s quite common for people to think about remortgaging to get a better interest rate, especially when the Bank of England base rate is at a steady low.  And, although many people wait until the fixed term of their existing mortgage expires, it’s worth reviewing your rates and repayment terms regularly to find out if you would benefit from changing. You may want to simply review your arrangements to see if the current mortgage deal you have is as good as it can be, or if there is a better option out there for you.

There are several reasons why you might want to remortgage, including:

  • Taking advantage of lower interest rates with another lender or product
  • Your current mortgage fixed term has come to an end
  • Your circumstances have changed, and you would like to alter your payment
  • You want to raise some capital for home improvements
  • You want to move or purchase another property
  • You’d like to switch to a fixed or variable rate, depending on your current financial situation and level of stability.

So, if you’re asking yourself ‘can I remortgage before my fixed rate ends? or ‘how long does a remortgage take? – it’s a good idea to contact us to talk through your current situation. At Private Wealth Mortgages, we advise you on the best course of action when it comes to your remortgage and financial goals. Our expert mortgage advisors look at a range of criteria related to your individual circumstances to determine how you would benefit from changing your mortgage, and to find the best deal for you. This can include increasing or decreasing the amount you repay, switching to a fixed, variable, repayment or interest-only mortgage, and helping you release equity.


We work with clients throughout their lifetime, assisting with their first-time buyer mortgage, re-mortgaging as they progress up the property ladder and retirement planning including equity release. For you, this means we gain a better insight into your own personal circumstances – where you are now and where you want to be in the future. So rather than simply providing you with a list of rates and lenders, we take the time to get to know you and offer a strategy that helps you live the life you want.

You may be in a situation where you’re thinking ‘is it better to remortgage or get a loan? Or in a time when severe debt, missed credit card payments or poor financial management reduces your chances of securing a mortgage or manageable repayment terms. If this is the case, you’ll be pleased to know we offer discreet, honest and impartial guidance on how you can move on, renegotiate or re-mortgage with bad credit.

Whatever your reasons for remortgaging your property, our experts will assess your entire financial situation. That includes the amount you are currently paying, how long it will take you to pay down your loan, any plans you have for the future and the risks you might face along the way.

What’s more – our qualified advisors offer a FREE no-obligation initial consultation, so give us a call today at Private Wealth Mortgages on 01403 270006 or email:

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