Considering a remortgage?

Quanstrom Financial is here to help you explore your options and make the most of the mortgage options available to you. Whether you're looking to lower your monthly payments, consolidate debt, or access equity in your home, we've got you covered.

If you are coming to the end of a fixed rate, we can review all of your remortgage options and, where needed, coordinate with your existing residential mortgage so everything stays on track.

Get in touch

Reach out for a free, no obligation chat about remortgaging.

Remortgaging, explained

When to start: most lenders let you lock in a new rate up to 6 months before your current deal ends, so it's worth starting the search early to avoid slipping onto your lender's standard variable rate.

Product transfer vs remortgage: a product transfer keeps you with your existing lender, usually without a fresh affordability assessment. A full remortgage means shopping the whole market, which could get you a better rate but involves the usual application process.

Early repayment charges: these can apply if you leave a fixed or discounted deal early, but they don't apply once you're on your lender's standard variable rate. We'll check your existing terms before recommending anything.

Reasons to remortgage: common reasons include securing a better rate, releasing equity for home improvements or other purposes, or consolidating existing debts - subject to affordability and lending criteria.

Frequently asked questions

When should I start looking to remortgage?

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Most lenders let you lock in a new rate up to 6 months before your current deal ends, so it's worth starting the search a few months ahead to avoid slipping onto a lender's standard variable rate.

What's the difference between a product transfer and a remortgage?

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A product transfer moves you onto a new rate with your existing lender, usually without a fresh affordability assessment. A full remortgage means shopping the whole market and could involve switching lender, which may get you a better rate but requires the usual application process.

Will I have to pay an early repayment charge?

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This depends on your current deal. ERCs can apply if you leave a fixed or discounted rate early, but they don't apply if you're already on your lender's standard variable rate. We'll check your existing terms before recommending anything.

Can I release equity when I remortgage?

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Often, yes - if you have sufficient equity in your property, remortgaging can be a way to release funds for home improvements, debt consolidation or other purposes, subject to affordability and lending criteria.

Will my credit score affect my remortgage?

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It can do - lenders will check your credit history as part of any remortgage application, just as they did with your original mortgage. Keeping your credit profile healthy in the run-up to remortgaging can help you access the best available rates.

Read our guide to credit scores and mortgages

Do you charge a fee for mortgage advice?

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Our fees vary depending on your circumstances. Get in touch and we'll explain any costs clearly before you proceed.