Moving House or Remortgaging

Remortgaging is when you switch your current mortgage to another deal, often with another lender. We will review your options and determine if this is the best solution for you, whether you are looking to make home improvements, pay off debts, or simply find a better deal. We can provide you with the peace of mind you need, ensuring you make an informed decision that is right for you.

Mortgages

We offer advice on a comprehensive range of products from across the market, but not deals that you can only obtain by going directly to a lender."

What is remortgaging?

Remortgaging involves taking out a new mortgage on a property you already own. You might do this to replace an existing mortgage deal or to borrow money against your home. There are a few common reasons for remortgaging:

Your current mortgage deal is ending
The value of your home has gone up
You want to borrow against your home for home improvements
You want to overpay, but can't do so on your current deal

Alternative finance options

If you're looking to increase borrowing secured on a property that you already have a mortgage on, here are some alternative finance options that may be more suitable:

A further advance from your current lender
A second charge
An unsecured loan

The Openwork Partnership does not offer advice on Unsecured Lending or Second Charges. However, we can refer you to a specialist broker who can provide advice in this area.

Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured against it.

Approved by The Openwork Partnership on xx.10.2026