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ESN Financial Services
Home
About Us
  • Our Team
  • About Us
Contact Us
Mortgages
  • First-Time Buyers
  • Remortgage
  • Home Movers
  • Buy-To-Let
  • Bad Credit Mortgages
  • Equity Release
Insurance
  • Life Insurance
  • Income Protection
  • Critical Illness
  • Family Income Benefit
  • Building & Contents
Resources
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Remortgage

We understand that your mortgage needs may change over time. Whether you're coming to the end of your fixed term, looking to save save money, or simply want  find a better deal, knowing when to remortgage is crucial and as your trusted mortgage broker, we're here to guide you through the process with a fee-free service

Start your journey

Why Remortgage?

Remortgaging is the process of switching or redeeming your current mortgage with your existing lender or a new lender. There are many reasons you may want to consider remortgaging including:

Get a better interest rate

Reduce your monthly repayments

Release capital for home improvements

Raise funds to purchase a 2nd property

Reduce the term of your mortgage

Clear your mortgage

Once your current fixed rate ends your current mortgage will switch to your lenders standard variable rate (SVR). Your monthly payments can increase when on SVR. You are able to lock in a new fixed rate 6-months before your current deal ends, so it's important get in ahead of time.

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Get in touch to start your Remortgage

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Frequently Asked Questions

Please get in touch if you cannot find an answer to your question.

Remortgaging can help you save money by securing a lower interest rate, consolidating debts, or releasing equity for home improvements or other purposes. 


You are able to lock in a new rate 6-months prior to your current rate ending. Although you are able to remortgage at any time.


If you remortgage during a fixed rate you will have to pay your lenders early repayment charges (ERC). This will be displayed on your mortgage offer. 


Remortgaging can involve various fees such as arrangement fees, valuation fees, legal fees, and early repayment charges. Although, it is possible to remortgage without any of these fees included. 


It's possible to remortgage if you have bad credit, but you may find it more challenging to secure favourable terms and interest rates. Some specialist lenders cater to borrowers with adverse credit histories, but you may face higher interest rates and fees. 


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Copyright © 2024 ESN Financial Services - All Rights Reserved.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE


ESN Financial Services are Directly Authorised and Regulated by the Financial Conduct Authority (FCA)

Suite 33

Beacon Innovation Centre 

Camelot Road

Gorleston-On-Sea

NR31 7RA

01493 446540

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