Re-Mortgaging & Product Transfers

Find a Better Rate or Release Equity from Your Home
Whole-of-Market Access for the Most Competitive Options
Expert Guidance to Make Your Remortgage Simple and Stress-Free

Get in touch for a free, no-obligation chat about how we might be able to help you.

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Re-Mortgaging & Product Transfers

Your mortgage is probably your biggest monthly commitment — so making sure it’s still the right deal for you is important. Whether your current deal is coming to an end or you’re simply wondering if there’s a better option, L & K Financial Ltd can help you explore your choices and make the switch stress-free.

What is re-mortgaging?

Re-mortgaging means moving your mortgage from one deal to another, either with your current lender or a new one. Many people choose to re-mortgage when their fixed or introductory rate ends, to avoid moving onto the lender’s higher standard variable rate (SVR).

Why consider re-mortgaging?

Save money – Securing a lower interest rate can reduce your monthly payments.
Fix your budget – Moving to a fixed-rate mortgage can give you certainty over future payments.
Release equity – You may be able to unlock some of the value in your home to fund improvements or other major expenses.
Change your terms – Adjust your mortgage length or switch to a different type of product that suits your needs better.

What is a product transfer?

A product transfer is when you stay with your existing lender but switch to a new deal they’re offering. This can sometimes be quicker and involve less paperwork than moving to a different lender.

We’ll help you weigh up whether a product transfer is the best choice, or if re-mortgaging with another lender could give you a better deal.

How we help

Review your current mortgage and circumstances.
Compare product transfer options with deals from across the wider market.
Explain the pros and cons of each choice in plain English.
Handle the paperwork and communication with lenders on your behalf.
Once we have arranged your new mortgage, we offer ongoing support, including contacting you around six months before your current fixed-rate deal ends to review your options and ensure you continue to have the most suitable mortgage for your needs

Ready to review your mortgage?

Don’t wait until you’re already on your lender’s standard variable rate. Get in touch today for a no-obligation review — we’ll help you decide whether re-mortgaging or a product transfer is right for you.

0115 773 4648 Book Appointment

Re-Mortgaging FAQs

It’s best to start reviewing your options 3–6 months before your current deal ends. That way, you’ll avoid moving onto your lender’s standard variable rate (SVR), which is usually more expensive.

Some mortgages have early repayment charges or exit fees, and many lenders charge arrangement fees for new deals. We’ll explain all the costs upfront so you can make an informed choice.

A product transfer means switching to a new deal with your current lender. A re-mortgage is when you move your mortgage to a new lender. We’ll compare both options for you to find the best fit.

Yes, if your property has increased in value or you’ve built up equity, you may be able to release funds for home improvements, debt consolidation, or other major expenses. We’ll help you understand your options.

If you’re switching to a new lender, legal work is usually required — though many lenders offer free legal services as part of the deal. If you’re doing a product transfer, no legal work is needed.

Think carefully before securing other debts against your home.

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

You may have to pay an early repayment charge to your existing lender if you remortgage.

The Financial Conduct Authority does not regulate most Buy to Let Mortgages.

We're Ready To Help...

We’re here to answer any questions or queries you may have in relation to mortgages or protection, in order to make your mortgage journey as smooth as possible.

0115 773 4648 Book Appointment