Remortgaging to get a better interest rate

It’s quite common for people to remortgage their property to get a better rate or if they need to adjust the amount being repaid on a monthly basis. It’s sensible to ask for professional advice from a credible, qualified mortgage advisor before you make any definite decisions, but the following information should help you carry out the initial steps.

There are a number of 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
  • Raising capital for home improvements

Note: We have answered the most frequently asked questions at Questions to ask when remortgaging

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 your home loan.

Reasons you may want to re-mortgage include:

  • Negotiating or applying for new terms such as interest rates
  • 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

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 advisers look at a range of criteria related to your individual circumstances to determine how you would benefit from changing your mortgage. This can include increasing or decreasing the amount your 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.

There may be times 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.

Click on the relevant link below to read further information:


How do I remortgage my home?

How does remortgaging work to release equity?

How to buy a second property using equity?

Releasing equity to buy another property

Remortgaging for more flexibility

How does remortgaging work to release equity?

Remortgaging to consolidate debt

What is remortgaging?


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Private Wealth Mortgages Ltd is authorised and regulated by the Financial Conduct Authority. FCA Number: 445980

Private Wealth Mortgages Ltd, Hillreed House, 54 Queen St, Horsham, West Sussex, RH13 5AD

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