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

Stop overpaying your mortgage. We'll find you a better deal.

Your fixed rate ending is one of the most expensive moments in homeownership — if you do nothing. We search 90+ lenders to make sure you move to the right deal, not just any deal.

Get My Free Remortgage Review 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
  • Deals you couldn't access directly — we regularly find deals clients couldn't access on their own, deals that save thousands over the mortgage term. And we handle all the paperwork so you don't have to. Check today's rates for an idea of current deals
  • We do the maths for you — factoring in any early repayment charges, valuation fees, and legal costs to confirm whether switching genuinely saves you money. No guesswork.
  • Hassle-free process — we handle the application, liaise with solicitors, and keep you updated. See how it works

Free Initial Advice

Find out exactly what you could save — in plain English.

Remortgaging could cut your monthly payments significantly. Get a free review from a specialist adviser — we'll tell you honestly whether switching makes sense for you.

Apply Now Call 01332 470 400
Free initial advice Whole of market FCA regulated

Client Case Study

Remortgage — £210 saved every month.

A couple in Derby were on their lender's SVR at 5.2% after their fixed rate expired. We remortgaged them to a 2-year fix at 3.89% — saving £210 per month and reducing their remaining term by 3 years.

£210/mo

saved

3 yrs

term reduced

6 wks

done in

"I refinanced with Option Finance and saved over £400 a month! Their team found me a significantly lower rate, and the process was seamless. Highly recommend!"

Emily W.

Remortgage Client

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)

Use our free remortgage calculator to estimate your new monthly payment

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 and legal fees. Many remortgage deals include free valuation and free legal work. A broker fee also applies — we'll provide a full breakdown upfront and calculate whether switching makes genuine financial sense for your situation.
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.
Can I remortgage to release equity for a buy-to-let deposit?
Yes — many clients use equity release through remortgaging to fund a deposit on an investment property. We can structure this alongside buy-to-let mortgage advice so both parts work together efficiently. Speak to one of our advisers to explore what's possible.

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 · Free Initial Advice