Remortgaging is when you replace your existing mortgage with a new one, usually by switching it to a different bank or building society. It’s important to remortgage when your current mortgage rate is due to end, as if you don’t, you’ll revert to the bank’s standard variable rate.
If you’re not sure which mortgage is right for you, how much you can afford, or whether you meet the lender's requirements, speak to one of our qualified mortgage specialists. They’ll help guide you through the process of finding the best mortgage, and our service is completely fee-free. Call us for free, Monday to Friday, on 03300 583 859, or request a call back.
Calculate the size of mortgage you may be able to borrow based on your total combined income.How much can i borrow?
Calculate the monthly cost of your mortgage based on its size, duration and interest rate.How much will i pay?
Calculate the Stamp Duty on your house purchase in England, Scotland, Wales or Northern Ireland.How much is stamp duty?
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Based on a mortgage of £125,000 at 50% LTV
"I had a great experience using NM Money and they made the whole process of purchasing my property run very smoothly."
- Mr B from Luton
"NM Money were super helpful and answered any questions I had very quickly. I 100% recommend you to friends and family."
- Mrs O from Glasgow
"I am so pleased to have dealt with NM Money and I urge anybody looking for a mortgage to use them."
- Mr K from Birmingham
Depending on your mortgage terms, you may have to pay an early repayment charge or other fees to your current lender if you remortgage or pay off your mortgage early.