Should I Remortgage in 2025? Here’s What You Need to Know
Is your mortgage deal coming to an end this year? Or are you wondering if switching early could save you money?
Remortgaging simply means moving from your current mortgage deal to a new one — and in 2025, more people than ever are looking at their options.
In this blog, we’ll break it all down in plain English: when to remortgage, how it works, and how we can help.
When Should I Think About Remortgaging?
Most people look at remortgaging when:
- Their current fixed rate is ending
- They want to reduce their monthly payments
- They want to borrow more (for home improvements, debt consolidation, etc.)
- They’ve had a change in circumstances (like a new job or income boost)
You can usually start looking around 6 months before your deal ends. Acting early can help you avoid moving onto your lender’s higher Standard Variable Rate (SVR).
Will Remortgaging Save Me Money?
It definitely can — especially if:
- You’re coming off a low fixed rate and don’t want to risk a rate hike
- Interest rates have dropped since you took out your last deal
- You’ve built up more equity in your home (this can get you better rates)
Even a small difference in your rate can save you hundreds (or thousands) over the life of your mortgage.
🔍 How Does Remortgaging Work?
It’s easier than most people think. Here’s the usual process:
1. We review your current mortgage and see when your deal ends
2. We compare deals from across the market — not just one lender
3. We help you apply for the best option for your situation
4. Once approved, your new lender pays off the old mortgage and the new deal begins
The whole process can take a few weeks — and we’re with you every step of the way.
Things to Watch Out For
- Early repayment charges – some mortgages have fees if you leave before the deal ends
- Arrangement or legal fees – some deals come with extra costs
- Affordability checks – just like when you applied for your first mortgage
Don’t worry — we’ll help you understand the full picture so there are no surprises.
Is It Worth It?
In most cases, yes — especially if your current deal is ending or you’re on your lender’s standard rate.
Even if you’re not sure whether now’s the right time, we can help you check what’s available. There’s no pressure, just honest, expert advice.
📞 Ready to Explore Your Options?
At The Mortgage Lodge, we make remortgaging easy and stress-free.
We’ll handle the comparisons, the paperwork, and the deadlines — so you can focus on what matters most.
Drop us a message or give us a ring. We’re here to help.