FCA Regulated · UK Whole of Market Advisers

Remortgaging
Could You Save Money on Your Mortgage?

Is Your Mortgage Rate Too High? It Might Be Time to Remortgage. For many homeowners, a mortgage is the biggest monthly expense, yet most people don’t review their mortgage as often as they should.

Happy couple standing int he living room of their new house and looking at camera.

Remortgaging advice

When Should You Consider Remortgaging?

If your current deal is ending or you’re on a Standard Variable Rate (SVR), you could be paying more than necessary. At Mather & Murray Financial, we help homeowners find better mortgage rates, reduce monthly payments, and unlock equity by searching the whole mortgage market.

Most mortgage deals last between two to five years. Once this period ends, your lender will automatically switch you to their Standard Variable Rate (SVR)—which is usually much higher than your previous rate.

By remortgaging before your deal ends, you could secure a better rate and keep your monthly payments low.

If your home has increased in value, you may be able to release some equity to:

Fund home improvements (extensions, renovations, energy-efficient upgrades).
Consolidate debts (potentially reducing overall interest payments).
Support major life expenses (such as weddings, tuition fees, or investments).

We will assess whether remortgaging is the right option or if alternative borrowing methods may be better suited.

Ready to get started?...

Why Mather & Murray

How Does the Remortgaging Process Work?

At Mather & Murray Financial, we make remortgaging simple and stress-free:

Free Mortgage Review
We assess:

Your current mortgage deal and when it ends.
Your financial situation and borrowing needs.
The best remortgage options available to you.

Finding the Best Mortgage Deal
We search the whole market to find a remortgage that suits your needs, whether that’s lower monthly payments, borrowing more money, or fixing your rate.

Application & Approval
We handle the entire mortgage application process, ensuring a smooth switch to your new deal.

Mortgage Completion
Once approved, your new mortgage replaces your old one, ensuring a seamless transition with no disruptions.

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

Get in touch

Start your free consultation

There's no obligation and no cost to your initial consultation. Simply fill in the form and one of our advisers will be in touch, usually within one working day.

Phone

01793 261626

info@matherandmurray.co.uk

Office hours

Mon–Fri 9am–5pm

Address

The Old Police Station, 91 High St, Cricklade, Swindon SN6 6DF

Why Remortgage with Mather & Murray Financial?

Independent Whole-of-Market Advice

We compare thousands of mortgage deals to find the best one for you.

Exclusive Mortgage Rates

We access deals not available on the high street.

Tailored Solutions

Whether you want to reduce payments, release equity, or fix your rate, we’ll find the right option.

Fast & Stress-Free Process

We handle all the paperwork, liaising with lenders and solicitors on your behalf.

Local & Nationwide Service

Book an appointment at our Swindon head office or speak with an adviser online.

Frequently Asked Questions About Remortgaging

If your mortgage deal is ending, you are on an SVR, or you need to borrow more money, remortgaging could help you save money and secure a better financial future.

Speak to our independent mortgage experts at Mather & Murray Financial for a free, no-obligation consultation today.

What is remortgaging?

Remortgaging means switching your mortgage to a new lender or a new deal with your existing lender to get a better rate, reduce payments, or borrow more money.

Common reasons people remortgage include:

Securing a lower interest rate – Potentially saving thousands over the mortgage term.
Avoiding lender’s Standard Variable Rate (SVR) – SVRs are often much higher than fixed or tracker deals.
Raising money from home equity – Access funds for home improvements, debt consolidation, or investments.
Shortening or extending the mortgage term – Adjust your mortgage to suit your financial goals.
Fixing your rate for stability – Protection against future interest rate rises.

If your fixed-rate or tracker mortgage is ending, now is the time to review your options before you get moved onto a higher SVR.