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 Rating770 Reviews

James

Brilliant help from the Moneyman team. Super efficient, super helpful, no question was a stupid question, responsive and overall a brilliant service. As first time buyers, we were unsure on where to start with getting a mortgage but Chris, Paula and...

1 week ago

Sam

Conor and Stacey have been brilliant in helping me as a first time buyer. Always at the end of the phone whenever ive had questions and guided me through the process amazingly.

1 week ago

Miss Shona

Charlie is very professional, punctual and helped me understand everything I needed to know. He made me understand things easier.

2 weeks ago

Scott

Make changing mortgage provider simple. Always there for help and advice Good service

3 weeks ago

Alex

Couldn't be more happy. Very efficient and professional.

3 weeks ago

Anonymous

Prompt and professional service. This is the second time that we've used Hull Moneyman and we'll definitely be giving them a call when it's time to remortgage again. Highly recommended.

3 weeks ago

Melanie

Excellent communication, I felt at ease during our meeting. Very friendly. Explains in detail and asks questions. Would highly recommend

1 month ago

Anonymous

Really helpful and informative. Quickly got what we needed and kept us informed throughout the process. Booked telephone calls around our commitments and responded quickly to emails. Thank you Tom and Jo.

1 month ago

Miss Caroline

This company was recommended to me, the service I have received can only be described as exceptional. Someone who works outside the “normal” working day is so hard to find. Detailed advice and support throughout. I would not hesitate to...

1 month ago

Paul

I would like to give a big thank you to Hullmoneyman especially Malcolm great experience great customer service far the best and his team thank you guys.

2 months ago

Sean

I have used moneyman three times now and have never had it so easy

2 months ago

Paulina

Moneyman we couldn't have made a better choice. Malcolm and Catherine did a great job. We received the service we expected from a mortgage advisor. Fast and easy communication every day of the week. Thank you very much 😊

2 months ago

Anonymous

Very good, fast and efficiency

2 months ago

Wayne

Super fast

2 months ago

Mr Leon

Excellent, easy going, informative, friendly, made understanding mortage terms easier

2 months ago

Anonymous

Daniel has always been incredibly helpful in arranging things for me. He has made my life much easier when looking to remortgage.

2 months ago

Lisa

Hull Moneyman were very helpful.Sorted everything out for me from start to finish. Highly recommend.

2 months ago

Lyndsey

Dan was great during our meeting, gave us lots of info which helped us to decide which product to take.

3 months ago

Anthony

Excellent research by Malcom in finding the most competitive deal. Excellent after sales service by Jo. Thank you both

3 months ago

Demi

Brilliant service as always. This is my second time using Hull Moneyman and I am still super impressed the second time round with the service received.

3 months ago