Summary
Can I Remortgage Early? Secure The Best Rate Today!
Yes, many homeowners can remortgage early. It depends on your current deal, any early repayment charges (ERCs), and timing. We review your offer letter, check costs, and explain whether a product transfer, a full remortgage, or waiting is the sensible route. Clear, FCA-regulated guidance. CeMAP-qualified advisers. Rated 5★ with 2,500+ Trustpilot reviews and 5/5 on Google.
What you’ll get (quick overview)
ERC and costs check: early repayment charges, exit fees, legal and valuation costs explained in plain English.
Options compared: product transfer vs switching lender vs waiting until your deal ends.
Rate-lock timelines: many lenders let you secure a new rate up to six months ahead (varies by lender).
Overpayments: whether you can repay a portion early without ERCs (policy varies by lender).
Clear plan: dates, documents and steps to switch smoothly.
How it works
We look at your remaining term, ERC window and loan-to-value (LTV = mortgage as a % of your property value). If costs are low and savings are strong, moving early may make sense. Some lenders allow you to line up a new rate now and complete later. If you switch with your current lender (product transfer), checks may be lighter. A full remortgage usually needs full affordability and credit checks. Exact rules and timings vary by lender.
Key criteria (high level)
Stable income, sensible credit history, suitable LTV, and a net saving after any fees. Property type and remaining ERC period also matter. Thresholds vary by lender.
Typical documents
Photo ID and address history, recent payslips or SA302/Tax Year Overviews, bank statements, and your current mortgage statement. More documents may be needed for a full remortgage.
Timings
Product transfers can complete quickly. Full remortgages typically take a few weeks. Chains, valuations and legal work can extend timelines. This varies by lender.
When to speak to an adviser
- Your fixed rate ends in the next 3–9 months and you want to lock in a new deal.
- ERCs apply and you need a costs-versus-savings check.
- You want to borrow more or change term/repayment type.
- You were declined or offered less than expected elsewhere.
- You have a complex property, variable income or past credit issues.
Your home may be repossessed if you do not keep up repayments on your mortgage.
If asking is it possible to remortgage early, then yes.
However, to understand whether this is the right move for you it is very important to understand your mortgage and ensure that you are doing the right thing for your circumstances. By speaking with a mortgage adviser, you can quickly understand whether you are liable for any penalties by remortgaging early, and even if there are, asses whether a remortgage is still the right move for you.
Speak to a remortgage expert and get instant peace of mind
Search the market and secure your early remortgage rate by speaking with a Mortgage Advisor today. You can lock in a mortgage, secure the right product and give yourself instant peace of mind.
Remortgaging is when you switch to a new deal or you change your mortgage that you currently have on your property. This can be done as early as 6 or sometimes, 7 months before your current rate comes to an end. Equally, it can be done at any stage even with penalties, in circumstances when the financial options warrant it.
Understand Your current mortgage and any penalties that may be due should you wish to remortgage early Access Search and compare remortgage options and assess whether switching is a financial sensible decisionWhat does an early remortgage mean?
Remortgaging early means you switch to another mortgage deal with a new lender before your current mortgage term comes to an end. A mortgage advisor is best placed to advise you on whether you should start a new mortgage rate straight away.
There are many benefits to remortgaging early, including:Why would you remortgage early?
Why speak to a mortgage advisor about an early remortgage?
As an independent Mortgage Advisor, it is possible to search over 12000+ mortgage products and many lenders. Going direct with your provider will limit your early remortgage options to those that are only available with your current provider.
A mortgage advisor can search the remortgage products directly for your needs and financial circumstances, meaning you can be confident that you can find the best rate available for your early remortgage.
Speak with an advisor today!
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What happens if there is an early repayment charge?
The Mortgage Adviser will secure you the best rate and if there is an early repayment charge, will advise you on whether this is the right thing to do, even though there is an early repayment penalty. This could be because the cost of the early repayment charge, is outweighed by the cost benefit of the new remortgage deal.
How long does the early remortgage process take?
The more time to shop around, the better. However, a remortgage can take anywhere from a few days to a few weeks so it is always better to speak to a mortgage adviser as soon as you can.
What’s the difference between a remortgage and a mortgage switch?
Switching your mortgage is just another term for a remortgage. A mortgage switch is simply more officially known as a remortgage, where you can switch between different lenders. If you are switching mortgage, but staying with the same lender, then this is more commonly known as a Product Transfer.