How much could I save by remortgaging?
What could I save by switching to a cheaper interest rate?
When your discount, tracker or fixed-rate mortgage ends, you’ll end up on your mortgage provider’s standard variable rate, (SVR) which can cost much more each month. Use our remortgage calculator to see how much you can save monthly and annually by moving to a cheaper rate.
If you’re worried about increased interest rates or affordability speak to one of our helpful brokers for free support.
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Remortgage Calculator FAQs
Some frequently asked questions we receive about our remortgage calculator as well as general remortgaging FAQs. If your question isn’t here our team will be happy to help answer any of your questions.
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What is remortgaging?
Remortgaging means switching banks or mortgage products to get preferable mortgage terms to those of your outstanding mortgage. Usually, that involves saving money with smaller monthly payments or cheaper interest rates. Read more about how remortgaging works.
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Why should I remortgage?
There are several reasons why you might want to remortgage and these include:
- You want to save money with a cheaper mortgage rate
- Your property value has increased
- To release equity
- Your circumstances change
You can learn more about the reasons to remortgage here.
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What information do I need to use the remortgaging calculator?
For our remortgage calculator you will need to know:
- The outstanding balance on your current mortgage
- The number of years left on the mortgage
- The type of mortgage, e.g. repayment or interest only
- Your current interest rate or current monthly payment
You can usually find these on your latest statement
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How do I find the best remortgaging deals?
As expert mortgage brokers, you’re in good hands right here!
You can use our mortgage best buy calculator to find the best mortgage for you or you can contact one of our friendly brokers who can help you find the perfect remortgage deal for you.
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Do you have any remortgaging guides?
We have created a few guides to help those looking to remortgage. Here are the ones we think are the most relevant:
See our best buys
We’ve picked out some of today’s best mortgage rates to give you an idea which lenders and interest rates could be available to you.
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Jordan Torrano
"Fantastic Service Craig was excellent from start to finish. He made the whole process completely stress-free..."
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Jordan Torrano
Fantastic Service
Craig was excellent from start to finish. He made the whole process completely stress-free and very easy to understand. He clearly worked in my best interests. I would recommend Coreco to anyone.
Alex Hardy
"Great service on recent re-mortgage We have been using Jan and Jenny at Coreco for our..."
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Alex Hardy
Great service on recent re-mortgage
We have been using Jan and Jenny at Coreco for our property needs and they have always been professional and provided excellent service.
Jordan Wright
"Outstanding service... Outstanding service throughout the process of purchasing our first home! Mark and Kieran were..."
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Jordan Wright
Outstanding service...
Outstanding service throughout the process of purchasing our first home! Mark and Kieran were extremely helpful, able to answer all questions we had about the process and really responsive, especially early on when viewing properties and getting our mortgage application done - could not be happier with our experience with them. Coreco felt a little pushy when it came to encouraging us to arrange insurance through them, numerous phone calls and emails despite telling them we were arranging ourselves, but understand this is part of their business model and they were always polite despite this. Would absolutely recommend their mortgage services to anyone!