Remortgaging
Clear, Practical Remortgage Advice When Your Deal Is Ending
Mortgage Advice
If your current mortgage deal is coming to an end, remortgaging is an opportunity to review your options, whether that’s securing a new rate, changing lender, or reassessing how your mortgage fits your wider plans.
Many people remortgage automatically when a deal expires. Others leave it too late and end up moving onto a higher standard variable rate. In reality, planning ahead can help provide greater clarity and choice.
At CiK Finance, we provide clear, structured remortgage advice to help you understand your options and make informed decisions without pressure.
What Is Remortgaging?
Remortgaging simply means switching your mortgage to a new deal, either with your existing lender or a new one.
People choose to remortgage for a range of reasons, including:
A fixed or tracker deal coming to an end
Reducing monthly payments
Securing a more competitive rate
Borrowing additional funds (subject to eligibility)
Changing the mortgage term
Remortgaging is not always the right option in every situation, but reviewing your position before your deal ends can help avoid unnecessary cost
CiK’s Approach to Remortgaging
Our role is to help you understand what options may be available and how they compare to your current mortgage.
This includes:
Reviewing your existing mortgage and deal end date
Assessing your current circumstances and objectives
Exploring product transfer and remortgage options
Explaining costs, benefits and potential implications clearly
Where appropriate, we’ll also highlight any early repayment charges or fees that need to be considered before making changes.
We help clients understand their options clearly, so decisions are made with confidence rather than urgency.
All advice is provided subject to eligibility, affordability and lender criteria.
Why Timing Matters
One of the most common mistakes people make is waiting until their deal has already ended.
In many cases:
New deals can be explored several months before expiry
Early planning helps avoid reverting to a higher variable rate
There is more time to assess options without pressure
Even if your deal has already ended, reviewing your options can still be worthwhile.
Starting the conversation early doesn’t commit you to anything, it simply gives you clarity.
Fixed Rates, Variable Rates & Product Transfers
Remortgaging isn’t just about finding a lower rate. It’s about choosing a mortgage that fits your circumstances.
Depending on your situation, this may involve:
Moving to a new fixed-rate deal
Switching to a tracker or variable rate
Completing a product transfer with your existing lender
Each option comes with different considerations around certainty, flexibility and cost.
Planning Ahead
If your mortgage deal isn’t ending immediately, planning ahead can still be valuable.
Our Track My Mortgage service is designed to help you keep track of when your current deal is due to end and remind you to review your options at the right time, without pressure or obligation.
FAQs
When should I start thinking about remortgaging?
Many people begin reviewing their options several months before their current deal ends. This allows time to explore options without pressure.
Is remortgaging always the best option?
Not necessarily. Sometimes staying with your current lender or making no changes may be more appropriate. Advice should be based on your circumstances.
Can I remortgage if my circumstances have changed?
In many cases, yes. Changes in income, employment or outgoings may affect options, but reviewing your position early is helpful.
Are there costs involved in remortgaging?
There can be fees, such as arrangement fees or early repayment charges. These should always be considered before proceeding.
Will I need a valuation or legal work?
This depends on the lender and the type of remortgage. Some product transfers involve minimal paperwork, while switching lenders may require valuation or legal work.
Speak to CiK
If you’d like clear, straightforward guidance on your remortgage options, we’re happy to have an initial conversation.
Book a short, confidential, no-obligation discussion
Your home may be repossessed if you do not keep up repayments on your mortgage.
Mortgage advice is subject to eligibility, affordability and lender criteria. Any mortgage recommendation would only be made following a full assessment of your circumstances.
Information correct at the time of writing.