Remortgages

Remortgages

A remortgage, often referred to as "remortgaging," is the process of replacing your current mortgage with a new one, frequently from a different lender. Homeowners opt for remortgages for various reasons, including:

Lowering Monthly Payments

To secure a better interest rate and reduce monthly mortgage payments.

Accessing Equity

To release equity from their property for purposes like home improvements or debt consolidation.

Switching Mortgage Types

To change from a variable to a fixed rate, or vice versa.

Consolidating Debt

To consolidate multiple debts into one mortgage with a potentially lower interest rate.

Funding Life Events

To finance significant life events, such as weddings or education expenses.

The remortgaging process involves assessing your current situation, comparing offers from different lenders, applying, undergoing valuation and legal work, and completing the process with the new mortgage in place.

If you're considering a remortgage, our expert mortgage advisors can help you make informed decisions and find the best solution for your needs.


Think carefully before securing other debts against your home. Consolidating debt may reduce your outgoings now, but you may end up paying more overall. Your home may be repossessed if you do not keep up repayments on your mortgage.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We will charge a fee of between £0 and £995. The amount we will charge is dependent on the amount of research and administration that is required. This fee is payable on receipt of a mortgage offer.

Cochno Financial Group Ltd, Registered Company Number: SC688947, Registered in Scotland, Registered Address: 2 Barra Road, Old Kilpatrick, G60 5HS.