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If you are looking to switch from your current mortgage provider, our remortgage options are available up to 90% loan to value and are available across England, Wales and Scotland*.

Our flexible approach to lending can give you options, such as allowing you to borrow a little more to help with home improvements, to help gift a deposit on a house for a loved one or even raise a deposit for an investment property. We also allow debt consolidation on our mortgages up to a maximum of 85% loan to value.

Below is a selection from our mortgage product range available for remortgage together with some Frequently Asked Questions about the options available with us.

Should you want to view more mortgage product options, please feel free to compare all of our mortgage products online or contact our helpful team of qualified advisers.

*Postcode restrictions apply in Scotland, please see our Residential Mortgages – Important Information document within the product details to find out more.

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2 Year Fixed Rate – DIX258

Term 2 years
Initial Rate1 5.85%
Overall Cost For Comparison2 7.3% APRC
MAX LTV3 80%
Early Repayment Charge 2% in Year 1, 1% in Year 2
Product Fees £199 Application Fee, £800 Completion Fee
  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 7.15% £1,715.00 £2,072.50 £2,787.50

2 Year Discounted Variable Rate – DID169

Term 2 years
Initial Rate1 5.65% variable
Overall Cost For Comparison2 7.2% APRC
MAX LTV3 80%
Early Repayment Charge 2% in Year 1, 1% in Year 2
Product Fees £199 application fee, £800 completion fee
  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 7.15% £1,715.00 £2,072.50 £2,787.50

2 Year Discounted Variable Rate – DID166

Term 2 years
Initial Rate1 6.25% variable
Overall Cost For Comparison2 7.3% APRC
MAX LTV3 over 80% and up to 90%
Early Repayment Charge 2% in Year 1, 1% in Year 2
Product Fees £199 application fee, £800 completion fee
  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 7.15% £1,715.00 £2,072.50 £2,787.50

2 Year Fixed Rate – DIX259

Term 2 years
Initial Rate1 6.29%
Overall Cost For Comparison2 7.3% APRC
MAX LTV3 Over 80% and up to 90%
Early Repayment Charge 2% in Year 1, 1% in Year 2
Product Fees £199 Application Fee, £800 Completion Fee
  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 7.15% £1,715.00 £2,072.50 £2,757.50

2 Year Discounted Variable Rate – DID168

Term 2 years
Initial Rate1 5.53% variable
Overall Cost For Comparison2 7.1% APRC
MAX LTV3 75% (70% for loans over £750,000 and under £1m)
Early Repayment Charge 2% in year one, followed by 1% in year two
Product Fees £199 application fee, 0.50% completion fee
  • The £199 Application Fee is non-refundable and payable at the point of application
  • The Completion Fee can be paid before completion or added to the loan. If the Completion Fee is added to the loan amount, interest will be charged on the amount of the fee and this will be reflected in the monthly repayment over the term of the mortgage

A £1,000 Completion Fee added to the loan amount would increase in value over the term of the mortgage and an illustrative example is provided below based on a static rate over a 10, 15 or 25 year term.

Fee Amount
Rate
Value of the fee with interest at 10 years
Value of the fee with interest at 15 years
Value of the fee with interest at 25 years
£1,000 7.15% £1,715.00 £2,072.50 £2,787.50

Remortgage Frequently Asked Questions

What options do I have to remortgage with you?

You can remortgage from another provider on a like-for-like basis or we can allow you to raise additional funds to help with certain things such as home improvements, to transfer equity following a relationship breakdown, to gift a loved one a deposit on a house, or to pay off and consolidate existing debts.

Can I remortgage and consolidate existing debts?

If you have additional borrowing elsewhere, such as a loan or credit card, we will allow you to raise funds to repay that borrowing by adding the amount onto your mortgage loan when you remortgage to us.

By consolidating the debts onto the mortgage we can spread the debt over the term of the mortgage, making it easier to manage and it could reduce the monthly outgoing. As the debt will be paid over a longer time, you may pay more interest overall and you will reduce the equity that you own in your property.

Think carefully before securing other debts against your home as your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. As a responsible lender, if you want to consolidate debts on your mortgage, we will need to be assured that there isn’t an underlying financial problem with any existing debts that you’re looking to transfer onto your mortgage.

It’s important that you also consider the right options for managing debts, including where necessary getting debt advice, such as through charities like Step Change and Money Helper.

Can I remortgage and raise funds for home improvements?

We can assist with raising funds to help with home improvements, including the construction of a modest extension to the property. In these circumstances, we can assess the loan based on the current property valuation or the valuation of the property with the improvements added. By raising funds against the future valuation of the property it may help make the loan more achievable.

For example, if you want to remortgage and borrow £95,000 to help with home improvements against a property currently valued at £100,000, we could not help because it would be above our maximum 90% loan to value limit. However, if the future value of the property as a result of the improvements increases to £150,000, then we would be able to consider the loan.

If I want to remortgage to you, do I need to have advice?

Yes, you will need to have professional advice from one of our qualified advisers. After an initial affordability assessment, an appointment will be scheduled to provide you with advice before you progress to application. The advice can be given over the phone, via video call appointment or in one of our branches in Mansfield, Sutton, Kirkby or Chesterfield.

What happens if we want to go ahead with the remortgage?

After the appointment with a qualified advisor, we will send you details of what has been discussed and how your mortgage with us will work. This will be outlined in a European Standardised Information Sheet (ESIS) and all lenders are obliged to provide this.

In addition to the ESIS we will also send you our mortgage application form and all you need to do is, complete it and return it to us with the supporting documentation required. Once we’ve received the completed application and supporting documentation, our expert underwriters will review the applications,  carry out checks, request additional information (if required) and issue an offer for you to transfer the mortgage to us.

Definitions

1. Initial Rate

The Initial Rate is the rate available during the initial term of the mortgage. Once the initial rate term has expired, the mortgage will either revert to our Standard Variable Rate (SVR), or a follow-on rate that is a discount off our SVR. Our SVR is set by us and is currently 8.89%, as a variable rate it may go up or down. Our follow-on rate is 1.74% below our SVR and is currently 7.15% variable. Our follow-on rate will go up or down with changes to our SVR.

2. Overall Cost for Comparison

The Overall Cost for Comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all charges incurred relating to the mortgage. The APRC is intended to help you as a borrower compare the interest rates on different products.

3. Max LTV

Like all other mortgage lenders, we will allow you to borrow against a proportion of the overall property value. This is known as Loan to Value (LTV) and is expressed as a percentage. For example, if you want to purchase a property at £100,000 and you would like to borrow £85,000, then you will need a mortgage available at 85% Loan to Value (LTV). The available LTV can vary depending upon the type of mortgage. Shared Ownership mortgages will offer two percentages under LTV - the proportion of the property value and the proportion of the share being purchased.

Your home may be repossessed if you do not keep up repayments on your mortgage

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