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

4.98 Rating44 Reviews

Keith

Having pursued several other avenues and been met with unsatisfactory and unhelpful responses, we randomly selected UK Moneyman to see what advice they could offer. What a great help they have been, taking time to find the right solution for us and...

1 week ago

Anonymous

Fantastic! Quick with no issues very professional will definitely use again in the future!!

1 month ago

Catherine

I loved that they were straight forward and down to earth. When money matter feel overwhelming, they came with a calm prospective. The advisors have always been relaxed and helpful, and always professional.

3 months ago

Christine

Amazing people ro work with very happy with the service

7 months ago

Mr.

The process was trouble free. I was happy with both the service and the product. I would recommend the company.

9 months ago

Leona

very good service and information provided was clear especially for someone like me who needed guidance as a first ime buyer thank you

10 months ago

Excellent service and guidance all the way through the process. Leo and Lizzi were very helpful in finding me the right product.

1 year ago

Diane

Very professional and kept me informed throughout the process of securing our equity release. I would recommend them especially for those who are a little unsure of how equity release works and if it's right for them

1 year ago

Diane

Very helpful, easy to get hold of when needed! Able to answer all my questions

1 year ago

Ajay

Made the process easy and understandable, presented all possible options and advised on what would be best suited for us. Always available to answer any queries or resolve any issues that arise. Would definitely use again in the future.

2 years ago

Luke

Incredibly quick, concise and professional. Regularly kept in he loop and gained all the knowledge required to be able to buy a property. Couldn't of asked for anything more and I can't thank them enough for all the help received.

2 years ago

Carol

Friendly efficient service, took their time to explain the procedure etc, I would definitely recommend them.

2 years ago

Joshua

Leo is always a pleasure to talk to. Very friendly and knowledgeable, and allows us to ask questions, no matter if we’ve asked before orbits really obvious

2 years ago

Gurjeet

Really helpful and clear.

3 years ago

Gemma

From first discussions with Tom to being passed over to Lyndsey, the whole process was easy and seamless. Everyone I have dealt with at Moneyman have been really helpful and friendly, which has helped take the stress out of applying for a...

3 years ago

Matthew

Jenny has been extremely helpful throughout the process and resolved any issues quickly. Thanks!

3 years ago

Susan

Very good service over the moon Wayne and Megan no there stuff

3 years ago

Dean

4 weeks and got my offer very good service from Wayne and Megan can not fault them

3 years ago

Anonymous

Great service

4 years ago

karan

Fantastic service. From start to finish I had everything clearly explained and the broker always had my best interest in mind. I highly recommend for first time buyers!

4 years ago

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Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

Read our 44 Reviews

Coventrymoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.

UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.

Remortgage Calculator