We can start discussing your plans and mortgage options 6 months before your current deal expires.

Getting the wheels in motion early allows us to secure you the most suitable deal and also gives us enough time to review the market until your current deal expires.

Put bluntly, it depends on what you can afford.

That’s why we start with a review of your current finances and take into account any change to circumstances since you last took out a mortgage. We’ll also take into account any change to the value of your property and talk you through any associated costs of remortgaging.

We will look at what deals your current lender is offering and compare with the rest of the market to make sure you’re getting the most suitable deal for you.

Once we’ve discussed all options and you’ve made a decision we can start the application process. We’ll let you know what documents you’ll need to get together.

As part of the application process, the mortgage lender will carry out a new valuation of the property.

This may be in the form of a valuer visiting your property, or may take place online. Most lenders will cover the cost of this.

Once everything checks out, your lender will issue your formal mortgage offer.

This will be valid for 3-6 months.

If we’re changing lenders then there will be legal work to be carried out. Most lenders will cover the cost of this.

Once we have the mortgage offer and legal work is ready, we can then set completion to coincide with your current mortgage deal expiring.