Stay or Switch: Should You Remortgage?

Get clear advice before you apply.

Ask us to compare whether staying put or switching lender looks more sensible.

FCA regulated, whole-of-market mortgage advice.

No jargon and no pressure to proceed.

We explain fees, risks and next steps before any application.

Your home may be repossessed if you do not keep up repayments on your mortgage. Some specialist or buy-to-let finance may not be regulated by the FCA.

In this guide

Product transfer vs remortgage

Product transfer (staying)

Quick and simple, often done online
No legal fees, no valuation
No affordability assessment
Limited to one lender's deals

Remortgage (switching)

Access to the whole market
Often better rates available
Can raise additional funds
Requires legal work and valuation

When staying makes sense

Your lender's product transfer rate is competitive with the market
You have had a change in circumstances (new job, reduced income) that might complicate a new application
You do not need to borrow any additional money
The rate difference is small and the hassle of switching is not worth it

When switching makes sense

There are significantly better rates available from other lenders
You want to raise additional funds (home improvements, debt consolidation)
Your property has increased in value and you want to benefit from a lower LTV band
You want features your current lender does not offer (offset, flexible overpayments)

Not sure which is right for you?

We compare your lender's product transfer against the whole market and tell you which one genuinely saves you the most money.

Speak to us

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