Remortgaging Explained — How to Save Money (and Stress) When Your Deal Ends

If your mortgage deal is ending soon or you’re worried about rising rates, you’re not alone. Many homeowners could save money — and reduce financial stress — by remortgaging. But how does it work, and when should you start thinking about it?

Let’s break it down.

What Is Remortgaging?

Remortgaging simply means switching from your current mortgage to a new one. This could be with your existing lender or a different one. The goal? Usually to get a better interest rate, reduce monthly payments, or release some equity.

When Should I Start Looking?

At Keevelia Mortgage Solutions, we recommend starting to review your options about six months before your current deal ends. That way, you’ve got time to secure a new mortgage without being rushed — or slipping onto your lender’s often more expensive Standard Variable Rate.

Common Reasons to Remortgage

✅ Your fixed or tracker rate is ending
✅ You want to reduce your monthly payments
✅ You’d like to borrow more for home improvements
✅ You want to consolidate debts (with careful planning)

Pitfalls to Avoid

❌ Leaving it too late and ending up on a higher SVR
❌ Focusing only on the interest rate — fees matter too
❌ Borrowing more than you can comfortably afford

How We Can Help

At Keevelia, we’ll guide you through the process, comparing deals from across the market, explaining the pros and cons of each, and making sure the numbers add up for you. Our aim? To help you remortgage smoothly — and with confidence.