Spending those pennies

There are quite a few costs to factor in when you remortgage – even though you're not moving. So it's a good idea to make sure you factor everything in to make sure remortgaging your home is worth it.

All mortgage companies have fees and charges when it comes to setting up a new mortgage. And you may have to pay things like exit fees to leave your current mortgage, so make sure you're clear on those. Plus there are the legal fees to think about too.

Legal costs cover the work your solicitor or conveyancer does to help you remortgage your property.

They include their fees, which vary from firm to firm, for removing your original mortgage company from the mortgage title .

When you sign up to one of our standard mortgages, we can assist with the legal costs, when it’s from our nominated conveyancer (and the valuation fee) – as long as you meet all the right criteria. So that's one less thing for you to worry about.

If it's time to remortgage, it might be time to renew your home insurance too – whether it's contents, buildings, or both. Remember that you must have buildings insurance as a condition of your mortgage.

Our mortgage calculator will help. Fill in the details to see what you can borrow and how much your monthly payments will be.

The mortgage is secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Lending subject to status.