The Right Remortgage
The Right Remortgage Can Save You Hundreds Every Month
Most homeowners stay with their existing lender out of habit, or because switching feels complicated. It’s usually a mistake.
When your fixed deal ends, your lender puts you on their Standard Variable Rate (SVR). SVRs are almost always higher than the best rates available in the open market. The difference can easily be £200–£400 per month on a typical mortgage.
Remortgaging lets you move to a better rate, with a lender who’s competing for your business — not relying on your inertia. Beyond the rate, remortgaging can also:
- Release equity from your property to fund home improvements, clear debts, or cover a major cost
- Consolidate debts into one lower monthly payment
- Adjust your term — shorter to pay it off faster, or longer to reduce payments
- Switch from interest-only to repayment, or vice versa
Our clients save £2,400 on average each year by switching. We handle every step.
“Home Me helped us remortgage and saved us £280 per month. The process was smooth from start to finish — and we released equity for our home extension at the same time.”
— Michael & Emma, Windsor
What Does Remortgaging Actually Cost?
This is the question most people don’t ask until it’s too late. Here’s the honest breakdown.
| Cost | Typical Range | Notes |
|---|---|---|
| Arrangement fee | £0–£2,000 | Many competitive deals include free packages |
| Valuation fee | £0–£300 | Often free with remortgage deals |
| Legal fees | £0–£500 | Many lenders offer free legal work |
| Early repayment charge | Varies | Check your current deal — this is the big one |
The bit people forget: Early repayment charges (ERCs). If you’re still inside a fixed-rate period, leaving early may cost more than waiting. We’ll calculate this for you and tell you exactly whether it’s worth switching now or waiting.
Our fee: A mortgage arrangement fee of £499 applies — but only when your mortgage completes. No upfront charges.
A Real-World Remortgage Example
Client in Marlow
- Property value: £450,000
- Outstanding mortgage: £280,000
- Available equity: £170,000
- Current rate (SVR): 5.75%
- New rate secured: 4.20%
- Monthly saving: £201
- Annual saving: £2,412
This is a real scenario — not a best-case projection. Results vary depending on your balance, term and the deals available at the time.
Use Our Monthly Payment Calculator →
We Handle More Than the Straightforward Cases
Most mortgage brokers are fine when everything is simple. Things get more interesting when they’re not. We deal with:
- Self-employed borrowers with one or two years’ accounts
- Clients with older adverse credit — defaults, CCJs, missed payments
- High-value properties where standard lender limits don’t apply
- Portfolio landlords remortgaging buy-to-let properties
- Complex income structures — bonus-heavy earners, contractors, directors
If you’ve been turned down elsewhere, or your circumstances are anything other than textbook, talk to us before assuming the answer is no.
Local Remortgage Advice Across Berkshire and Beyond
We’re based in Marlow and know the property markets across Berkshire and Buckinghamshire well enough to advise on how local house price growth affects your loan-to-value and, in turn, the rates you can access.
That said, we work with clients across the UK. If you’re not local, everything can be done by phone or video call — the service is exactly the same.
If you’re comparing local options first, visit our Marlow mortgage broker page for a closer look at the property markets and areas we support around our base.