Remortgage Advice
At Galloway Jennings, we specialise in providing expert remortgage advice to help our clients get a better deal each time you remortgage, in Dumfries, Carlisle, and the surrounding areas.
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Let's Begin
We have access to thousands of new Mortgage Deals
How does it Work?
You’re only 3-steps away from switching to a better deal…
Our first chat
Let’s grab a drink and find out a bit more about you, your goals and your circumstances. You talk, we take notes.
Find the deal
We’ll find a mortgage plan that’s perfectly tailored to your needs, offering all the most suitable options for you and your family.
Leave it to us
Once we have all the information we need, we will begin to apply, keeping you informed every step of the way.
How much can I now Borrow?
The figures provided by this calculator are for illustration purposes only. To obtain an accurate figure based on your personal situation and circumstances please obtain a personalised mortgage illustration.
Remortgage Tips & Tricks
Don’t wait until your current deal ends—begin comparing rates at least six months in advance. This gives you time to find a competitive offer and avoid slipping onto your lender’s standard variable rate (SVR), which is often more expensive.
A good credit score can unlock better mortgage deals. Check your report here and correct any errors before applying. If needed, boost your score by paying off debts and ensuring bills are paid on time.
If you can afford to, making overpayments before remortgaging can reduce your loan-to-value (LTV), potentially giving you access to lower interest rates. Check if your current lender allows penalty-free overpayments.
If you’re leaving your current mortgage deal early, check for early repayment charges (ERCs) and exit fees. These costs can sometimes outweigh the benefits of switching, so factor them into your decision.
A whole-of-market mortgage broker can help you find the best deal based on your circumstances, including lenders that aren’t always advertised publicly. They can also handle the paperwork, making the process smoother.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
Remortgage Calculator
The figures provided by this calculator are for illustration purposes only. To obtain an accurate figure based on your personal situation and circumstances please obtain a personalised mortgage illustration.
Frequently asked questions
See what our new deal seekers are asking us daily…
Yes, if your property value has gone up, your loan-to-value (LTV) ratio may have improved, potentially giving you access to better interest rates. This could help you secure a more competitive deal or release equity for other financial needs.
You might be wondering, ‘how early can I remortgage?’ or ‘can you remortgage early?’
Let’s now turn our attention to these questions to understand the typical timeline for a remortgage.
Most lenders will require a valuation, but this is usually a simple process and may be done remotely. The lender needs to confirm the property’s current value to determine the loan amount and interest rate they can offer.
Yes, but your options may be more limited. Some specialist lenders cater to those with poor credit, though interest rates may be higher. Improving your credit score before applying can help you access better deals. Consulting a mortgage adviser can also help you find the most suitable lender for your situation.