Capital Fortune is a national and
award winning mortgage, buy-to-let
and insurance broker.

Call today to speak to an expert

020 77 100 400

REQUEST A CALLBACK
Image
As Featured
Awards from
Our customers have rated our service
Feefo logoIndependant User Feedback98%
Mason Parsley - Purchase
Peter and Alex are without doubt the best at what they do. Without them our ship had no steerage. They guided to a perfect ...Read More

Best Remortgage Deals

Mortgages tend to be taken out over a 25 year to 35 year period. Within that time, you may remortgage up to every two years to lock into the best deals available at the time. If you take deals longer than two years, five-year deals for example, you’ll only remortgage five times over a 25-year mortgage.

Image

What Our Customers Say

Elaine-Gabrielle Smith - Buy to Let Remortgage
Totally fabulous service from the start to the end. Most importantly - they got the end result I required - to remortgage my UK properties with me now being French resident - I have tried for 5 years and never managed ...Read More
18 days ago

Customer - Buy to Let Remortgage
They are the best in the business! ...Read More
18 days ago

Customer - Purchase
they provide a efficient service and have been very helpful getting all the paperwork sorted for the mortgage. The rate they found for our international mortgage was competitive ...Read More
19 days ago

Customer - Purchase
The team are very professional, able to deal with complexity and flexible in dealing with a fluid situation. They present real solutions and ensure you achieve an excellent result. ...Read More
1 months, 2 days ago

Find out more

Loan-to-Value

The advantage of remortgaging when you come to the end of your deal is that, because you have been paying off your mortgage for a few years, your loan-to-value is likely to have come down.

This means the value of your mortgage is small than it was compared to the value of your home. The lower your LTV, the lower the mortgage rate you can secure. Your lender won’t automatically check your LTV unless you trigger a revaluation by remortgaging.

Costs

Another thing to think about when you remortgage are the associated costs. These include a mortgage fee, valuation fee and legal fees.

Most lenders will now offer free legal fees and or free valuation fees on a remortgage. One of our advisers will be able to help you find a mortgage that suits you depending on whether you want to pay these costs or not.

For more on legal fees, click here.

Application

When you remortgage, it might be that you stay with your existing lender. In this instance the process of remortgaging is much quicker than the initial application because the lender has already carried out its checks on you and the property.

If you switch lender then you may find that you need to provide much of the same information to the new lender as you did when you bought the property.

If you decide to raise a bit more money from your mortgage through a further advance, your lender may also need to carry out more detailed affordability checks.

Image

What we’ll ask you for

You’ll need to provide information about your income and expenditure so it’s a good idea to make sure you have your latest P60 and past three months’ payslips readily available as well as bank statements for the past three months.

You’ll need to show proof of your current address such as a recent utility bill and ID in the form of a full UK passport or driving licence. If you get benefits, we’ll need to see the paperwork proving you get these and how much you receive.

If you’re self-employed we will need a signed off statement of your accounts from the past two or three years. These must be verified by an accountant. Your SA302 form from your tax return is also required if you work for yourself as well as bank statements to verify this information.

Read more on mortgages for self-employed

The most important thing to remember is to be accurate about the information you provide. We’ll help you find a mortgage but need you to be clear and honest about what you earn, your savings and other assets and what fixed expenditure you have.

Image

What Happens Next?

Once we have all this information we will usually have a further conversation about what your plans are. Do you expect to stay in the property for a long or short time? Might you be having a family within the next five years that would mean having to move to a bigger place? Are you expecting an inheritance? These are all relevant questions that will help inform what sort of mortgage would suit you best.

Once we have answers to all of this, we will be able to recommend you a mortgage.

Image

Early Repayment Charges

If you choose to remortgage before the end of your deal you may need to pay a fee. How much will depend on the terms and conditions attached to your existing loan.

Before you remortgage early, we would recommend talking to one of our advisers who will be able to help you assess the financial merits of remortgaging early.

Many lenders will allow you to organise the remortgage early but delay the completion until the day your deal ends, thereby avoiding paying any ERCs.

Find Out Current Best Rates

Property Value
£
Mortgage Amount
£
Reason for Mortgage
Mortgage Type
Lender Initial Rate Type For Then APR* ERC* Fee
Halifax Intermediary 2 Year Tracker £999 Fee Purchase BHX1.18%TrackerDec-20214.24%3.9%31-Dec-2021 £999
NatWest Intermediary 2 Year Fixed £995 Fee £250 Cashback Purchase CNW1.21%FixedJan-20224.24%3.8%31-Jan-2022 £995
Barclays Bank 2 Year Fixed £999 Fee Purchase BWO1.21%FixedOct-20214.24%3.9%31-Oct-2021 £999
NatWest Intermediary 2 Year Tracker £995 Fee £250 Cashback Purchase CNW1.24%TrackerJan-20224.24%3.9%31-Jan-2022 £995
Skipton BS RETENTION 2 Year Fixed £995 Fee Rate Switch / Porting With Top Up SBS1.25%FixedNov-20214.99%4.1%30-Nov-2021 £995
Post Office Intermediary 2 Year Fixed £1495 Fee Free Val POS1.27%FixedNov-20214.74%4.3%30-Nov-2021 £1495
Halifax Intermediary 2 Year Fixed £999 Fee Purchase BHX1.28%FixedDec-20214.24%3.9%31-Dec-2021 £999
Santander UK Plc 2 Year Fixed £999 Fee Porting Cashback CAN1.28%FixedJan-20224%3.5%02-Jan-2022 £999
Santander UK Plc 2 Year Fixed £999 Fee Cashback (Scottish) CAN1.28%FixedJan-20224%3.5%02-Jan-2022 £999
Santander UK Plc 2 Year Fixed £999 Fee Cashback CAN1.28%FixedJan-20224%3.5%02-Jan-2022 £999
Mortgage product availability is subject to status and availability. Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions.
*APR = Annual Percentage Rate *ERC = Early Repayment Charge
*These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.

Best Discounted Rates

LenderRateType
Leeds BS 2 Year Discount £999 Fee Legal Assisted BLH1.39%
then 5.69
(variable)
DiscountRead More
Furness BS 2 Year Discount £999 Fee Cashback BFU1.39%
then 5.79
(variable)
DiscountRead More
Progressive BS 2 Year Discount No Fee Purchase BPG1.39%
then 5
(variable)
DiscountRead More

Best 5 Year Fixed Rates

LenderRateType
NatWest Intermediary 2 Year Fixed £995 Fee £250 Cashback Purchase CNW1.21%
then 4.24
(variable)
FixedRead More
NatWest Direct 2 Year Fixed £995 Fee £250 Cashback Purchase CNW1.21%
then 4.24
(variable)
FixedRead More
Barclays Bank 2 Year Fixed £999 Fee Purchase BWO1.21%
then 4.24
(variable)
FixedRead More
Image

Get Guaranteed Lowest Rate Mortgages

Award-winning
Mortgage Advisers

Fast Decisions

National Coverage

Holistic Approach

Comprehensive Panel

Direct Access to Underwriters

No Obligation Quote

Send an Enquiry

Did you know we also offer these services?

No Sale, No Fee, Fixed Price

Low Cost, National Coverage

Instant Online Quotes