Get FREE mortgage advice from award-winning brokers L&C. Start online or speak to an expert about your mortgage needs. No hidden costs, just great service.
Your home or property may be repossessed if you do not keep up the repayments on your mortgage.
A mortgage of £225,134 payable over 24 years, initially on a fixed rate until 30/09/26 at 4.88% and then on a variable rate of 6.99% for the remaining 22 years would require 26 payments of £1328.29 followed by 262 payments of £1,593.54. The total amount payable would be £453,042 made up of the loan amount plus interest (£226,909) and fees (£999). The overall cost for comparison is 6.8% APRC representative.
Switch to a better deal
Switch your lender or just swap your deal with your existing lender
L&C will search across the market to find you the best deal
Let L&C handle all the paperwork & make the process hassle-free
L&C won’t charge you a penny – their entire service is free!!
An expert’s guide to remortgaging
L&C videos - Remortgage
Our mortgage expert, David Hollingworth, provides tips on remortgaging.
How much can I borrow?
Enter your salary below to calculate how much you can borrow:
Calculating exactly how much you can borrow depends on a number of things, such as:
How much you spend each month on regular commitments
Whether you’re paid a basic salary, a basic salary plus bonus, commission or overtime
If you’re self employed
The amount of deposit you have
Your age and whether you are looking to borrow beyond your retirement date
One of the most important factors in determining how much you can borrow is the lender. Each lender has different criteria and the brokers at our partners L&C, who last year successfully placed mortgages with 59 different lenders, are perfectly placed to match the right lender to your borrowing requirements.
Sometimes it can be possible to borrow more than this calculator shows you and that’s where L&C’s expertise comes in. They are sometimes able to arrange higher borrowing by taking your own individual circumstances into account.
All potential borrowing is subject to affordability checks and credit status.
Handy tools and calculators
Here’s a selection of practical gadgets and tools to help keep things simple.
Remortgaging your property essentially involves you switching from one mortgage to another.
You might be switching to a new and better deal with your existing lender, or you might decide to move to a new mortgage with a different lender.
There are lots of reasons to remortgage. You may have found a cheaper deal which can help you reduce your monthly outgoings, or want to increase the amount you’re borrowing, perhaps to fund home improvements. Read more about how to remortgage.
7 ways to cut your monthly repayments
Repaying your mortgage can appear daunting and leave you little to live on, whether you’re a hard-stretched first time buyer or a parent with a growing family and all the associated costs. But there are ways of lightening the load. Read more about how to reduce your monthly mortgage payments.
Do I need a mortgage broker?
Mortgage brokers – like the experts at L&C – can scour the market for you, looking for the right deal to suit your situation. They can help you save money on your current mortgage and make sure you’re not paying over the odds with your current deal. They are also particularly helpful if you are self employed, buying a buy-to-let or think your situation is unusual in any way. They will know the lenders and deals that will work for you.
Award-winning mortgage brokers L&C offer fee-free expert advice to help you remortgage. They search over 80 providers to find the right deal. You can start your search online with the mortgage finder and speak to them for help at any time. Or just give them a ring to do all the searching for you. They can guide you through the whole process including application. Our guide on using a broker to remortgage.
HomeOwners Alliance Ltd is registered in England, company number 07861605. Information provided on HomeOwners Alliance is not intended as a recommendation or financial advice. Mortgage service provided by London & Country Mortgages (L&C), Unit 26 (2.06), Newark Works, 2 Foundry Lane, Bath BA2 3GZ, authorised and regulated by the Financial Conduct Authority (FRN: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage. If you complete on a mortgage through L&C, L&C will be paid a commission by the chosen lender. L&C will share a percentage of this commission with HomeOwners Alliance, the referring third party. The commission L&C receives doesn’t affect the product or rate recommended to you.
The key things you need to know about remortgaging
