Indicative Rates
BoE Base3.75%
Nationwide2yr Fix3.59%↓ 0.04£999 fee
NatWest2yr Fix3.70%£1,495 fee
Barclays2yr Fix3.70%↑ 0.05£899 fee
HSBC2yr Fix3.76%£999 fee
HSBC5yr Fix3.88%£999 fee
NatWest5yr Fix3.85%£1,495 fee
Barclays5yr Fix4.00%↑ 0.10£899 fee
Nationwide5yr Fix4.04%↓ 0.03£999 fee
Nationwide2yr Fix3.59%↓ 0.04£999 fee
NatWest2yr Fix3.70%£1,495 fee
Barclays2yr Fix3.70%↑ 0.05£899 fee
HSBC2yr Fix3.76%£999 fee
HSBC5yr Fix3.88%£999 fee
NatWest5yr Fix3.85%£1,495 fee
Barclays5yr Fix4.00%↑ 0.10£899 fee
Nationwide5yr Fix4.04%↓ 0.03£999 fee
Nationwide2yr Fix3.59%↓ 0.04£999 fee
NatWest2yr Fix3.70%£1,495 fee
Barclays2yr Fix3.70%↑ 0.05£899 fee
HSBC2yr Fix3.76%£999 fee
HSBC5yr Fix3.88%£999 fee
NatWest5yr Fix3.85%£1,495 fee
Barclays5yr Fix4.00%↑ 0.10£899 fee
Nationwide5yr Fix4.04%↓ 0.03£999 fee
AVG 2YR4.53%
AVG 5YR4.94%
--:--:--60% LTV · Feb 2026

Mortgage Services

Remortgages

Is your current mortgage deal about to expire? Remortgaging could save you hundreds of pounds each month. We search the whole market to find you the best deal.

Get Free Advice 01332 470 400

Still on your lender's SVR? You could be overpaying hundreds per month. Find out how much you could save.

What is remortgaging?

Remortgaging means switching your existing mortgage to a new deal — either with your current lender (a product transfer) or with a different lender. People remortgage to get a lower interest rate, release equity from their property, consolidate debts, or change their mortgage type. Our remortgage guide explains the full process.

Why remortgage with Option Finance?

  • Whole-of-market search — we compare deals from 90+ lenders, not just your current provider
  • Save time and money — we find deals you wouldn't find on your own, often saving thousands over the term. Check today's rates for an idea of current deals
  • Expert guidance — our advisers calculate whether switching makes financial sense after fees
  • Hassle-free process — we handle the application, liaise with solicitors, and keep you updated. See how it works

Free Consultation

Find Out How Much You Could Save

Remortgaging could save you hundreds per month. Get a free comparison in minutes.

Apply Now Call 01332 470 400
No upfront fees Whole of market FCA regulated

Reasons to remortgage

  • Your current fixed rate or introductory deal is ending
  • You want to reduce your monthly payments — use our mortgage calculator to compare
  • You need to release equity for home improvements
  • You want to consolidate existing debts into your mortgage
  • Your property has increased in value, giving you a better LTV ratio
  • You want to switch from interest-only to repayment (or vice versa)

Frequently Asked Questions

When should I remortgage?
The best time to remortgage is typically 3-6 months before your current deal expires. When your fixed or tracker rate ends, you'll usually move to your lender's standard variable rate (SVR), which is almost always more expensive.
Can I remortgage to release equity?
Yes, if your property has increased in value, you can remortgage for a higher amount and release the equity as cash. This can be used for home improvements, debt consolidation, or other purposes.
Are there fees for remortgaging?
There may be an early repayment charge on your current mortgage, plus valuation fees and legal fees. Many remortgage deals include free valuation and free legal work. We'll calculate whether switching makes financial sense.
Can I remortgage with bad credit?
Yes, it's possible to remortgage with adverse credit, though your options may be more limited. We work with specialist lenders who consider applications from borrowers with CCJs, defaults, and other credit issues.
How long does remortgaging take?
A straightforward remortgage typically takes 4-8 weeks from application to completion. We recommend starting the process at least 3 months before your current deal expires.

Tools & guides for remortgaging

Mortgage Calculator

Compare new monthly payments

Overpayment Calculator

See savings from overpaying

Remortgage Guide

When and how to remortgage

Today's Rates

Current indicative mortgage rates

Mortgage Glossary

Understand mortgage jargon
ST

Expert reviewed by

Sukhvinder Tamber

Mortgage Adviser · CeMAP, Cert CII

This page was reviewed by Sukhvinder, a CeMAP-qualified mortgage adviser at Option Finance. All content is checked for accuracy and kept up to date.

Switch & Save

Ready to switch and save?

Find out how much you could save by remortgaging. Free, no-obligation advice.

Don't delay — mortgage rates change daily

Apply Now Call 01332 470 400
5.0 Google Rating · FCA Regulated · No Upfront Fees