Remortgage Calculator FAQs

Is the remortgage calculator accurate?

Our remortgage calculator provides an estimated figure based on the details you input, such as your remaining mortgage balance, property value, and desired terms.

While it’s a helpful starting point to understand your potential savings or new repayment options, speaking with a mortgage advisor will give you a more precise and personalised assessment.

Factors like your credit score, income, and financial goals are better addressed through tailored advice.

When should I remortgage?

Remortgaging is often a good idea when your current fixed-rate deal is nearing its end, as this can help you avoid switching to your lender’s typically higher standard variable rate.

It’s worth noting that many lenders allow you to secure a new deal up to 6 months in advance, meaning you can plan ahead and ensure a smooth transition.

You might also consider remortgaging to secure a better rate, release equity or consolidate debt.

Speaking with a mortgage advisor can help you determine the best time to remortgage based on your individual circumstances.

How long does the remortgage process take?

The remortgage process typically takes between four to eight weeks, depending on factors like the complexity of your application and the efficiency of the lender and solicitor.

Straightforward cases can sometimes be completed more quickly.

Starting the process early, such as 6 month prior to your deal ending, ensures you have enough time to secure a new deal and avoid delays.

Use the remortgage calculator above to get your journey started today!

Can remortgage with bad credit?

Remortgaging with bad credit is possible, but it may require additional consideration from lenders.

While some may offer limited options, others specialise in helping customers with adverse credit.

A larger amount of equity in your property or a stable income can improve your chances.

A mortgage broker like us can guide you through your options, finding lenders who may be willing to work with your circumstances.

Should I use a mortgage broker?

Using a mortgage broker like us when remortgaging can be highly beneficial. A broker has access to a wide range of deals, including those not available directly from lenders.

We can save you time, help you find a competitive rate, and provide expert advice tailored to your needs.

Whether you’re looking to save money, release equity, or remortgage with bad credit, we can make the process smoother and less stressful.

Our Customers Love Us

4.96 Rating45 Reviews

Reece

Huge thanks to Matt and Debbie they made the whole process stress free and very easy, mortgage approved within 7 days. Fast excellent service. Thank you so much.

3 months ago

Karina

extremely friendly and easy to communicate with, very helpful and understanding aswell. impressed with all aspects

4 months ago

Anonymous

UKMoneyman came up with an imaginative solution to my need for financing In a difficult situation where my own search for a source of finance had proven fruitless. I found them to be helpful, fair, thorough and responsive and I would not hesitate...

8 months ago

Hannah

Grimsby Money Man have been fantastic from the start. Extremely patience with us and explained the process every step of the way. Chris has been always available by email or phone and has helped us with a very complicated purchase. I would...

8 months ago

Anonymous

Have made my journey stress free, excellent communication throughout, overall very friendly and efficient service. Thank you

11 months ago

Tony

Exceptionally easy, great communications throughout the whole process. Just received our mortgage offer!

1 year ago

Umu

Thank you with all the team for the hard work.

1 year ago

Paul

We were difficult clients because of our circumstances, but you guys smashed it out of the park! Thank you very much, we are eternally grateful Paul and Umu

1 year ago

Ben

Very good fast efficient service everybody was so helpful

1 year ago

Neil

Great service highly recommended

1 year ago

David

The whole process went very smoothly. There was no sense of any pressure being applied at any stage which was appreciated. It was made clear that any future advise sought would be forthcoming as the advisor intended to be there for the duration.

1 year ago

Samantha

Chris was our advisor, from start to finish he has been amazing. He got us exactly what we wanted. Explained everything to us and has been quick and patient throughout! Would recommend him to anyone!

1 year ago

Anonymous

Great service, would use again.

2 years ago

Lucy

Absolutely lovely team of people! Leo has been really friendly and helpful throughout the process! Would highly recommend.

2 years ago

Anonymous

great service, thanks

2 years ago

Bryn

Couldn’t recommend moneyman enough. Went from thinking we wouldn’t get a mortgage due to being told so by another broker, to getting approved for our dream first house. We dealt with tom and stacey, and both was brilliant. From the initial...

2 years ago

Angela

It is our 1st time getting a mortgage and they where extremely helpful. There was confusion at the the beginning that was there fault but our solicitors and estates agent and they where so helpful they couldn't do enough to help us and reassure us....

3 years ago

Patrick

Very nice and frendly Staff, helped me with anything i need. Thank you Patryk, Patrycja Datkiewicz.

3 years ago

Steven

Tom and Jo were very friendly and helpful throughout the process! They took the stress out of applying for our mortgage and we’re very quick to process everything. Highly recommend :)

3 years ago

Georgia

Tom & Jo did a fabulous job at helping us get our first mortgage, we weren’t sure whether we would qualify for a mortgage given that I had only been self employed for two years and had been turned down by other lenders. Both Tom & Chloe kept us up...

3 years ago

Remortgage Calculator