Timing your remortgage correctly can save you thousands of pounds, reduce monthly payments, and protect you from rising interest rates.

---

✅ The Ultimate Remortgage Timing Checklist

---

✔ 6 Months Before Your Mortgage Ends — Start Shopping Around

• Begin exploring new remortgage deals
• Most lenders allow you to secure a rate up to 6 months early
• Protect yourself from rate rises
• Gives you time to compare deals without pressure

---

✔ 5 Months Before — Review Your Current Mortgage Terms

Check:

• Your end date
• Your current interest rate
• Any early repayment charges (ERCs)
• Your lender’s Standard Variable Rate (SVR)

---

✔ 4–5 Months Before — Check your credit profile

Your credit score influences the rates you’ll be offered.
Do this early so you have time to fix any issues.

Checklist:

• Review credit reports
• Correct mistakes
• Avoid new loans or credit cards
• Reduce short-term debt if possible

Strong credit = stronger remortgage options.

---

✔ 3–4 Months Before — Gather Your Documents

Having everything ready speeds up your application.

You’ll need:

• Proof of ID
• Proof of address
• 3 months of bank statements
• 3 months of payslips or 2 years’ accounts (self-employed)
• Details of any outstanding loans or credit

Being organised can help you complete before your deal expires.

---

Your property value affects your loan-to-value (LTV).
A better LTV = better mortgage rates.

If your home has increased in value, you may qualify for a lower rate band.

Now is the time to:

• Compare lenders
• Speak with your current lender about a product transfer
• Use a whole-of-market mortgage broker

A broker can often find exclusive remortgage rates not available directly.

Once you’ve chosen a deal:

• Submit your application
• Review fees and terms
• Lock in the rate
• Ask your adviser to monitor the lender for any reductions
  (Some lenders allow a rate switch before completion!)

---

✔ Final Weeks — Complete Your Remortgage

Your solicitor or lender will:

• Confirm your completion date
• Repay your old mortgage
• Start your new deal

Update your direct debit to avoid missed payments.

---

⭐ Bonus: Reasons to Remortgage Sooner

You might not need to wait until your deal ends if:

• Your current rate is much higher than today’s rates
• Your home has significantly increased in value
• You want to release equity
• Your financial situation has changed
• You’re on a costly SVR

Early remortgaging can still be worthwhile even with ERCs — depending on the savings.

---

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

---

Want a personalised remortgage plan?
Tell me:

• When your current deal ends
• Your property value
• Your mortgage balance

I’ll calculate the best time for you to remortgage and help you understand what deals you may qualify for.