Remortgaging is simply switching your existing mortgage to a new deal, using the same property as security. It can be with your current lender or a new one — whichever suits your circumstances best.
When you contact us, you'll be put straight through to a dedicated remortgage adviser who will guide you through the full process, whatever your reason for switching.
"We will never charge you a penny for our service — we're 100% Fee-Free Mortgage Brokers."
The ideal time to begin is 3–6 months before your current fixed or tracker deal expires — before you fall onto your lender's Standard Variable Rate (SVR). A typical application takes 4–6 weeks to complete.
Explore each topic in detail — from choosing your mortgage type to understanding costs and government schemes.
From saving on your rate to funding home improvements — a detailed look at each reason and what you need to know.
It is vital to consider both the interest rate and all associated fees when calculating the true cost of switching to a new deal.
Before going straight to your existing lender, understand what you could be missing out on.
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You can usually apply if the property is your only or main home, it is self-contained, you are a secure tenant, and you have had a public sector landlord — a council, housing association or NHS trust — for at least 3 years. Those 3 years do not need to be consecutive. Right to Buy applies in England only; Wales, Scotland and Northern Ireland have different rules. You can also apply jointly with someone who shares your tenancy, or with up to 3 family members who have lived with you for the past 12 months.
For a house the discount starts at 35% once you have been a public sector tenant for 3 to 5 years, then rises by 1% for each extra year. For a flat it starts at 50% and rises by 2% a year. The discount is capped at whichever is lower: 70% of your home's value, or the maximum for your region — currently £38,000 across most of the South East, including Hampshire. If you sell within 5 years you will usually have to repay some or all of the discount.
Yes, in most cases. Lenders offering Right to Buy mortgages will generally treat the discount as your deposit, which means many buyers need little or no cash deposit of their own. You will still need to cover costs such as solicitor's fees, and lenders will assess affordability against your income and outgoings as normal.
No. Right to Buy is a specialist area and a number of high street lenders do not offer it, or apply stricter criteria such as a minimum income or a cap on how much of the purchase price they will lend. As a whole-of-market broker we can identify the lenders who will consider your circumstances and handle the application from start to finish, fee free for standard residential cases.