Remortgages in Longfield

We support homeowners across Longfield, New Barn, Hartley and the surrounding DA3 area with straightforward remortgage support. Whether your rate is ending or you want to raise funds for extensions or improvements, we help you review options and secure a suitable new deal.

Why Remortgage?

• Secure a better rate: Avoid higher SVR and fix your monthly payments.
• Reduce monthly costs: Adjust rate or term to manage payments.
• Release equity: Raise money for home improvements or other goals.
• Change product: Move from variable to fixed or vice versa.
• Change borrowers: Reflect life changes such as separation or adding a partner.

When to Start

We typically recommend that Longfield clients start the remortgage conversation around 4–6 months before their current deal ends.

Your Options in Longfield

• Product Transfer: A simple option with your existing lender.
• Remortgage to a New Lender: Potential for different rates, criteria and features.
• Further Advance: Additional borrowing for conservatories, extensions or landscaping.
• Later Life Options: Access to equity release solutions via FCA-authorised advisers, if appropriate.

How Lenders Assess a Remortgage

• Property Value: Current DA3 market value vs your mortgage balance.
• Income & Outgoings: Salary or self-employed income and regular commitments.
• Credit Profile: Your past and current management of credit.
• Property Type: Freehold houses, bungalows or leasehold flats each have different criteria.

Costs to Factor In

• ERCs: Early repayment charges if you leave your current deal early.
• Valuation & Legal: Many remortgage offers include these at no extra cost.
• Product Fees: We’ll show you options with and without arrangement fees.

Step-by-Step: The Remortgage Process

1. Review: Assess your current mortgage, term and goals.
2. Options: Compare staying with your lender vs remortgaging elsewhere.
3. DIP: Where required, get a Decision in Principle with a chosen lender.
4. Application: Submit documents; lender instructs a valuation.
5. Offer: New mortgage offer issued; legal work completed.
6. Completion: Old mortgage redeemed; new deal starts.

Raising Funds: Common Uses in DA3

• Extensions, lofts and refurbishments.
• Driveway, garden or outbuilding projects.
• Clearing or consolidating other debts (subject to careful assessment).

Self-Employed & Contractors

We help package accounts, SA302s and contracts in a way that lenders understand, which can improve your affordability assessment.

Tips to Strengthen Your Case

• Check your credit files before applying.
• Try to pay down short-term borrowing where possible.
• Keep bank account conduct stable and avoid missed payments.

How We Work

We provide clear information and introductions. Where specific mortgage advice is needed, we introduce you to an FCA-authorised adviser who can recommend an appropriate remortgage product.

Useful Links

Mortgage Calculator · First-Time Buyers · Buy-to-Let · Contact Us

Remortgage FAQs — Longfield

Can I remortgage early?

Yes, but ERCs may apply if you complete before your current rate ends. We’ll help you weigh this up.

Do I have to use my current bank?

No. You’re free to compare multiple lenders and products.

Ready to Review Your Rate?

Talk to our Longfield team about your next mortgage deal and options to release equity. Send an enquiry to get started.