Remortgaging makes most people want to bury their heads in the sand, but it’s actually very similar to the process you went through when completing your original mortgage application. The good news then, is you’re not going in blind this time. That said, it’s important to get it right, which is exactly what we’re here for.
Why You Should Let Your Remortgage Become Our Problem
You’ll Be In Award-Winning Hands
We’re proud to officially be the number one mortgage advisor in Somerset and the South West for customer service, as well as the second best in the entire UK! Fingers crossed for one better next year 🤞
With access to more than 28,000 mortgage products from over 100 different lenders, we’ll be able to secure you an interest rate that keeps the most money possible in your pocket. Where it belongs!
We’ll support you in every way we can by handling paperwork, dealing with solicitors, and monitoring your rate 24/7 for your entire fixed rate period to ensure you’re always on the best one.
Because we always have your best interests at heart, you need to know that your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
Remortgage for any reason, without the hassle
Remortgaging isn’t one-size-fits-all; everyone has their own reason for doing it:
Whatever your reason may be, our award-winning advisors have got you covered. We’ll handle all the paperwork and legwork, and tap into our vast network of banks and building societies so you can completely relax while we find you the most cost effective deal available.
We couldn’t be happier with the service we received. From start to finish, the whole process was handled professionally and with genuine care. Every step was explained in simple terms, making what could have been a stressful experience feel smooth and straightforward. Their communication was excellent, their expertise obvious, and they went above and beyond to secure the best mortgage for us. We highly recommend them to anyone looking for a team that is truly committed to their clients.
Katie Forrester
Remortgaging
Everything was explained to me clearly and broken down into language I could understand. All my questions, however small, were answered in a timely fashion and communication was easy and quick. I felt that I received personal service. I wouldn't hesitate to recommend The Levels Financial. I dealt with Janek and Helen, both of whom were knowledgeable, patient and efficient.
Belinda Vennings
Remortgaging
This is the second time Edd has sorted our mortgage, and once again he has secured us the best deal possible. He kept in regular contact with us throughout the entire process, which made everything feel manageable and far less stressful. During what can be a very worrying time, Edd provided reassurance at every step. He took the time to find the best lender for our circumstances and secured us the most competitive rate. We genuinely couldn’t have done it without him.
Hassan & Jane Sakka Amini
Remortgaging
Having never been through the remortgaging process before, the levels walked us through everything with patience and understanding, whilst getting things turned around super quick. Would highly recommend to anyone looking to move / remortgage! In short, Jess smashed it. We were super keen to get everything locked in as quickly as possible due to interest rate rises, and she got everything across the line for us in the time frame we needed. Jess, thank you so much. You smashed it!
David Hughes
Remortgaging
Everyone at The Levels has been friendly, professional and extremely helpful throughout a remortgage process. I'm not sure they ever stop working, as they always seem to be available on the end of a phone!! would not hesitate to recommend The Levels to anyone needing a mortgage or remortgage. The service provided is truly excellent and I will definitely be using them again.
Jay B
Remortgaging
Why Homeowners Keep Trusting Us With Their Remortgage
Award-winning customer service, guaranteed every time
We don’t hire brokers based on how much they can earn us. They’re chosen because they genuinely understand the stress people can experience when making financial decisions and want to do everything in their power to take that stress off your shoulders.
It’s obviously easy for us to just say that, but fortunately, we can also prove it. Last year, we were officially named the best mortgage broker in the South West for customer service and second best in the whole of the UK. And these aren’t awards handed out by stuffy judges picking their favourites. They’re decided entirely by rigorously verified reviews from real people who have used our services.
Access to exclusive deals that could save you more
With over 100 lenders in our network, we have access to more than 28,000 mortgage products, including exclusive rates you simply won’t find by shopping around on the high street. That means you’ll be securing the deal that keeps the most money possible in your pocket.
Whether your situation is nice and straightforward or highly complex, we have the lender relationships and expertise to find the best remortgage solution for you.
Book your free, no obligation meeting with one of our expert remortgage brokers to talk through your options. We know life gets busy, so as well as standard working hours, we’re also available for evening and weekend appointment; whatever works best for you!
Feeling in the dark about remortgaging? Download our FREE guide and get complete clarity on everything you need to know. From preparing your finances to getting remortgage ready, this guide will walk you through it all.
If you’re ready to move forward or just want to chat some things through, give us a call; we’re always here to help!
Remortgaging is the process of paying off your existing mortgage and replacing it with a new one on the same property. This can be either with the same lender or a different one.
Remortgaging takes anywhere between four and eight weeks, though this can vary. Just as no two financial situations are the same, there’s no fixed timeframe, so while this is a useful guide, it’s not a guarantee.
As a rule of thumb, it’s worth starting the remortgage process around six month before your current deal comes to an end. This gives you plenty of time to weigh up your options, secure a rate, and avoid slipping on a standard variable rate (SVR), which can be considerably more expensive.
Remortgaging can come with a few costs depending on your situation, so it’s worth factoring these in from the outset:
Early repayment charge (if you’re switching before your current deal ends)
A product fee if changing lender
Conveyancing and valuation fee
Changing jobs can affect your remortgage application. If you’ve changed rolls or increased your earnings in full-time employment, you’ll need to provide your current employer’s details on your mortgage application. Meanwhile, if you’ve moved to part time work or your wages have decreased in a new role, the amount you can borrow will be impacted. These are different rules for those who are self-employed or on maternity leave when remortgaging.
Yes, absolutely. Whether your credit score has improved or dipped, remortgage options are very much still on the table. We work with a broad range of lenders who cater to all kinds of circumstances, so our focus is on finding the right fit for where you are today, not where you were two, three or five years ago.
Your credit score can change without you even realising, so it’s worth checking it as early as possible before you remortgage. Click the link below to check yours for free! *The Levels Financial will receive a £12 referral fee from CheckmyFile when you sign up for the free trial.
Remortgaging is the perfect opportunity to review your current protection and ensure it’s as effective as it needs to be, both in terms of cost and cover. Our specialist protection advisors can take a look completely free of charge.
