Remortgages | Fee-Free Advice

What Is a Remortgage?

If you already have a mortgage, a remortgage allows you to switch to a new deal or lender to reduce your monthly payments and save money. Here at Boon Brokers, we provide you with expert, fee-free mortgage advice, comparing the whole mortgage market to find the mortgage deal that matches all of your remortgage needs. We manage the entire process, making sure that you get the best deal and maximise your savings.

Fee-Free mortgage advice
Whole-of-market access
End-to-end support and guidance
Free up capital
Regulated and authorised by the FCA

Submit an enquiry and await contact from one of our expert fee-free brokers.

Expert Advice

Your broker will listen to your remortgage requirements and provide a proposal.

Mortgage Offer

Your broker will submit your application and await your mortgage offer.

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When Should I Remortgage My Mortgage?

You can remortgage at any time, but most homeowners start exploring options 3 - 6 months before their current mortgage deal ends. If you choose to leave early, some lenders may apply Early Repayment Charges, so planning ahead can save you money. If you’re unsure on the available remortgage options, talk to Boon Brokers today. Our experts will discuss all the options that are available to you and calculate how much you can save.

Why Should I Remortgage My Home?

After a fixed-rate mortgage ends, you’re usually moved to your lender’s standard variable rate, which can fluctuate and is often higher than the Bank of England base rate. Remortgaging to a better deal or fixed rate can help you secure a new mortgage, reducing your monthly payments and saving you money.

What costs are involved in remortgaging?

The costs of remortgaging can vary depending on your situation, and may include:

Early repayment charge
Valuation, conveyancing, or mortgage fees
New mortgage product fees

At Boon Brokers, our advice comes completely fee-free, so you won’t pay us a penny for helping you secure a better deal. We can discuss all of your options and provide tailored advice on different remortgage deals that match your goals.

How Long Does the Remortgage Process Take?

Remortgaging to a new deal will usually take between 4 to 6 weeks, however, this timeframe will depend on lender turnaround and solicitor processing times. By planning in advance, we can help you avoid early repayment charges and ensure a smooth switch.

Can I Get a Better Interest Rate When I Remortgage?

Yes, many homeowners will be able to achieve a better interest rate when they remortgage, but it’s not always guaranteed. As a whole-of-market broker, our experts at Boon Brokers will compare all available deals across the market of lenders to find you the most cost-effective mortgage, tailored to your circumstances.

Do I Need to Tell My Current Lender if I Remortgage?

No. Your solicitor will handle notifying your existing lender when the remortgage completes, making the process completely hassle-free.