Remortgaging. Compare our mortgage rates. Get a choice in theory
Take a good look at our prices and view exacltly what the payments that are monthly be
Get a determination in theory
That is a totally free instant choice which informs you if we could provide you the quantity you’ll need
Make an application for your home loan
As soon as you’ve finished your choice in theory, you’re willing to start your home loan application
Why choose us?
- No item charge on a number of our mortgages
- We’ll pay your standard fees that are legal offer you ?250 cashback of all of our mortgages (repayable in the event that you pay back your home loan within 24 months)
- Free standard valuation of all of y our mortgages on properties as much as ?2.5 million
- Make regular or overpayments that are one-off
- View your mortgage in on the web and Mobile Banking
Guide: Remortgaging to us
What you should find out about going your home loan to us
Just how much may I borrow?
Utilize our helpful calculator
Protect your property
Have a look at our house insurance coverage
Why remortgaging makes it possible to
Remortgaging means you move from a single loan provider to a different while residing in the exact same house. You will find a true amount of ways that it could allow you to.
Lower your mortgage repayments
You may well be capable lower your month-to-month mortgage repayments by firmly taking down a brand new mortgage with us at a reduced price than your price. A good tiny improvement in https://paydayloansnc.org reviews the attention price you pay could cause cost savings with time.
Borrow more cash
You need to use the equity in your house to borrow additional money for many things such as for instance house improvements or perhaps a brand new vehicle. Keep in mind, enhancing the size of one’s home loan means your payments that are monthly rise.
Improvement in circumstances
You might want to improve your home loan for almost any true quantity of reasons. Maybe you’ve come right into some funds and you also wish to pay back a number of your home loan or an interest is had by you just mortgage that you desire to alter to a payment home loan.
If you’re thinking about remortgaging, make certain you consider what you need from your own brand new home loan. Keep in mind additionally that going your home loan from your own present provider may incur costs as a repayment that is early and exit charge.
Prospective expenses to think about
Early payment cost
If you’re tied into a cope with your overall loan provider, you may want to spend a repayment that is early to have out of this deal early. It’s normally a portion of one’s home loan and you may believe it is in your home loan offer or yearly home loan declaration. It speak to your current lender who will be able to help if you can’t find.
Item charge
A number of our mortgages don’t have an item cost. Unless you pay it off within 21 days of completing your mortgage if you choose one that does, you can normally add the fee to your mortgage, but it’ll mean you’ll pay interest on the product fee.
Valuation charge
Nearly all of our mortgages have standard that is free (on properties respected as much as ?2.5 million) to ensure the property is really worth the amount you’re paying for it.
Legal/conveyancer costs
You’ll need a solicitor/ licensed conveyancer to simply help with the appropriate components of remortgaging. For many of our home loan discounts we’ll spend your standard appropriate costs. You’ll have actually to pay for them right back in the event that you pay back your home loan within a couple of years.
Account cost
This will be charged by us for administering and providing your home loan. It is possible to spend it whenever your home loan completes or even the end of the home loan, either means you’ll spend the exact same quantity.
That is a summary that is brief of 3 several types of mortgages you can expect
| Fixed price | Tracker price | life time Tracker |
|---|---|---|
| perfect for: People who want a precise concept of exactly what they’re going to need to repay for the following couple of years. |
You’ll frequently fix your deal for just two, 3 or five years. In this period that is fixed monthly obligations will always be the exact same. After your fixed period you’ll move onto the Santander Follow-on Rate (variable). Should you want to complete your deal earlier in the day you may possibly spend an earlier payment cost.
You are able to select a mortgage having an initial price duration and during this time period your price songs over the Bank of England base price. With this particular variety of home loan your instalments can vary. The first price duration is frequently a couple of years and from then on you move on the Santander Follow-on Rate (variable).
With an eternity Tracker mortgage your price will monitor above the Bank of England base price when it comes to full life of your home loan term. With this particular types of home loan your instalments can vary greatly.
The graphs are for illustrative purposes just.
For the in-depth contrast of this home loan kinds being offered read our help guide to mortgages