These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which ispersonal to your circumstances, will be provided if a recommendation for a mortgage product is made.
These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which ispersonal to your circumstances, will be provided if a recommendation for a mortgage product is made.
Before doing anything else, understand exactly what you’re on — your current rate, your remaining deal period, whether any early repayment charges apply, and when your deal ends. This information is in your original mortgage offer documents or available from your lender directly.
You don’t need a formal valuation at this stage, but having a realistic sense of your property’s current value helps you understand your LTV and ensures you’re comparing deals in the right band. Estate agent estimates, online valuation tools, and recent sold prices in your area can all give you a working figure.
An adviser will assess your current mortgage, compare product transfer options from your existing lender against the wider market, and give you a clear recommendation. They’ll also check your affordability position and credit profile to identify any issues before a formal application is made.
If switching lenders, your adviser will obtain a Decision in Principle from the new lender, confirming in broad terms that they’re willing to lend to you at the specified amount and rate. This is a soft search at this stage and won’t affect your credit score.
Once you’re happy with the product and lender, a full application is submitted. The lender will carry out a full affordability assessment, a credit check, and a property valuation. For straightforward remortgage cases, many lenders conduct an automated valuation rather than a physical inspection.
Once the lender is satisfied with the application and valuation, they’ll issue a formal mortgage offer. At this point your solicitor will begin the legal work required to transfer the mortgage.
Your conveyancing solicitor will carry out the necessary checks, discharge your existing mortgage, and register the new one. On completion, the new mortgage takes effect and your old one is paid off.
Our smart affordability tools take into account your income, outgoings, and financial goals to give you a clear, honest picture of your borrowing power, so you can search with confidence and find a home that truly fits your life.
Take the guess work out and start comparing. Our platform pulls live mortgage rates from across the market, so you can instantly see what your monthly repayments could look like, side by side, in real time. Whether you’re a first-time buyer, moving or remortgaging, find the deal that works hardest for your money.
You’ve done the hard work, now let’s make it happen. Speak to one of our mortgage experts within 24 hours and get personalised advice that turns your research into reality.
Any Chat Mortgages customer that takes out a mortgage with us once, gets our service fee-free every time they need mortgage advice. For ever and ever. So you get the same five-star service you experienced the first time around, at no additional cost.
Professional tools designed to help you understand your mortgage options, compare rates, and make informed decisions about your financial future.
Still have questions about mortgages, rates, or the application process? Our FAQ section covers most queries
Not found your answer?
A full remortgage application to a new lender involves a hard credit search, which is recorded on your file. However, most lenders carry out a soft search first, which leaves no visible mark, before proceeding to a full application. Starting the process with a mortgage adviser, who can identify the right lender before any searches are run, minimises unnecessary hard searches. A product transfer with your existing lender often involves no credit search at all.
If the process takes longer than expected and your current deal expires before the new one is in place, you’ll revert to your lender’s SVR in the interim. This is worth avoiding where possible, SVRs are typically higher than new deal rates, which is one of the reasons starting the process early is so important. If you’re switching lenders, your adviser and solicitor should be monitoring timelines closely to minimise any risk of this happening.
Yes, self-employed borrowers remortgage in the same way as employed ones, though the income documentation required is more extensive. You’ll typically need two to three years of accounts or SA302 tax returns, and lenders will assess your income using the same criteria as for a new purchase mortgage. If your income has grown since you originally took out your mortgage, remortgaging is also an opportunity to have that higher income recognised in a new affordability assessment, which may open up better products or allow you to borrow more if you’re releasing equity.
Yes. Tether is designed to fit seamlessly into your existing workflow. It integrates with popular workplace tools so your team can stay connected without adding extra complexity.
