Remortgage Advice & Services in London

If your current mortgage deal is coming to an end, our Remortgage Advice & Services in London can help you secure a more competitive mortgage deal. At Masari Finance, our experienced mortgage advisors compare remortgage products from over 170 lenders to help homeowners reduce their monthly repayments, release equity, or restructure their mortgage to better suit their changing financial circumstances. Whether you’re looking to lower your interest rate or find a more suitable mortgage, we’re here to provide expert remortgage advice tailored to your needs.

What Is Remortgaging?

Remortgaging is the process of switching your existing mortgage to a new mortgage deal, either with your current lender or a different provider. Homeowners often choose to remortgage to secure a lower interest rate, reduce monthly mortgage repayments, release equity from their property, or consolidate existing debts. Whatever your goals, our experienced mortgage advisors can assess your circumstances, compare remortgage deals from a wide range of lenders, and help you find the most suitable solution for your needs.

Common reasons to remortgage include:

Your fixed rate or tracker mortgage is coming to an end.
Interest rates have fallen since you took out your current mortgage.
You want to consolidate existing debts into your mortgage, where appropriate.
Your property’s value has increased, and you would like to release equity from your home.
Your financial circumstances have changed, and you need more flexible mortgage terms.

What Is the Difference Between a Mortgage and a Remortgage?

Many homeowners confuse mortgages and remortgages here’s a simple, clear comparison:

Questions	Mortgage	Remortgage
What it is?	A loan to purchase a property you don’t yet own	Switching your existing mortgage to a new deal
When you use it?	When buying a home for the first time or moving	When your current deal ends or you want better terms
Property	You’re buying a new property	You’re staying in the same property
Deposit	Required typically 5-20%+	Not required based on existing equity
Process length	Typically 8-12 weeks	Typically 4-8 weeks faster than a new purchase

In simple terms a mortgage helps you buy a property, while a remortgage helps you get a better deal on a property you already own.

Ready to Find Your Perfect Mortgage?

Get expert mortgage advice from experienced mortgage advisors online or by phone. We’ll compare mortgage deals from a wide range of lenders and help you find the right mortgage for your needs.

Speak to One of Our Expert Mortgage Advisors Today :

0795 1641 758

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How Our Remortgage Service Works

Free Remortgage Consultation

We begin with a free remortgage consultation to understand your current mortgage, financial circumstances, and long-term goals. Whether you’re looking to reduce your monthly repayments, release equity, or secure a more competitive mortgage deal, we’ll assess your options and provide tailored advice.

We Compare the Market

Our experienced mortgage advisors compare remortgage products from over 170 lenders, including your existing lender and the wider market. We search for competitive remortgage rates and suitable mortgage solutions based on your individual circumstances.

We Handle the Switch

Once you’ve chosen a mortgage deal, we take care of the entire remortgage process. From managing the paperwork to liaising with lenders and solicitors, we handle every detail to ensure a smooth, efficient, and stress-free experience.

Remortgage or Product Transfer : Which Option Is Right for You?

When your current mortgage deal is coming to an end, you’ll usually have two options: remortgaging or choosing a product transfer with your existing lender. Understanding the differences between the two can help you decide which option best suits your financial circumstances and future plans.

Product Transfer

staying with your existing lender and switching to a new deal they offer. This is faster, involves less paperwork, and usually doesn’t require a full affordability assessment. However, your lender can only offer their own products meaning you may miss out on more competitive rates available elsewhere.

Remortgage

switching to a completely new lender to access better rates, more flexible terms, or additional borrowing. As whole of market mortgage brokers, we compare both your existing lender’s product transfer options and the wider market making sure you get the best deal available, not just the best deal your current lender is willing to offer.

Remortgage Eligibility

Most lenders assess remortgage applications based on the following key criteria:

Current Equity

The more equity you hold in your property, the lower your loan to value (LTV) ratio and generally, the more competitive the remortgage rates you’ll be offered. Most lenders will consider remortgage applications up to 90% LTV.

Income & Affordability

Lenders will assess your income, outgoings and overall affordability to confirm you can comfortably manage the new mortgage repayments. Our advisors will review your affordability position across multiple lenders during your free consultation.

Credit History

A good credit history helps you access the most competitive remortgage rates. However, some specialist lenders do consider remortgage applications from borrowers with less than perfect credit our advisors can identify the most suitable lenders for your circumstances.

Early Repayment Charges

If you’re still within your current mortgage deal, switching early may trigger an early repayment charge from your existing lender. We’ll check your current mortgage terms and factor any charges into our advice so you have a full, clear picture before making any decision.

When Should You Remortgage?

The best time to start exploring remortgage options is 3-6 months before your current deal ends this gives you enough time to secure a new rate before defaulting onto your lender’s standard variable rate, without paying early repayment charges.

Common reasons to remortgage include:

Your fixed or tracker rate is coming to an end
Interest rates have dropped since you took out your current mortgage
Your home has increased in value and you want to release equity
You want to consolidate other debts into your mortgage
You need more flexible mortgage terms
Your financial circumstances have changed

Get a Free Mortgage Quote in London with Masari Finance

0795 1641 758

Free Mortgage Quote

F.A.Q

Frequently Asked Questions

Is Remortgaging Worth It?

Remortgaging could help you reduce your monthly payments, release equity from your home, or secure a more competitive mortgage rate. Our mortgage advisors will compare your current mortgage with the latest remortgage deals to help you understand your options and potential savings.

Will I Have to Pay an Early Repayment Charge to Remortgage?

This depends on the terms of your current mortgage. Many fixed-rate and tracker mortgages include an early repayment charge (ERC) if you switch before your existing deal ends. Our mortgage advisors will review your current mortgage, explain any applicable fees, and ensure you understand the full costs before making a decision.

Can I Remortgage to Release Equity From My Home?

Yes. If your property has increased in value or you’ve built up equity by repaying part of your mortgage, you may be able to release funds through remortgaging. Homeowners often use released equity for home improvements, property purchases, debt consolidation, or other significant expenses.

How Long Does the Remortgage Process Take?

Most remortgages take between 4 and 8 weeks from application to completion, although timescales can vary depending on the lender and your individual circumstances. Starting the process early can help ensure your new mortgage is in place before your current deal expires.

Do I Have to Remortgage With My Current Lender?

No. While remaining with your current lender through a product transfer can sometimes be quicker, it may not always provide the best value. Our mortgage advisors compare your lender’s offer with a wide range of remortgage deals to help you find the most suitable option for your needs.