Row of houses
Remortgaging
Considering moving your mortgage?
Find out all you need to know here...
Get an Agreement in Principle
Steps to remortgaging
Your home may be repossessed if you do not keep up repayments on your mortgage
Royal Bank mortgages are available for over 18s
What is remortgaging?
House icon
What is remortgaging?
New TickRemortgaging is when you change the mortgage on your property to another lender... or, you can choose to stay with your current provider and apply for a different mortgage
New TickIn both cases you could change the mortgage term or the amount that you're borrowing
New TickThis is a great opposrtunity to see if you could save on your monthly repayment by choosing a mortgage with a lower interest rate
New TickIf you secure a lower interest rate, you could choose to keep the same monthly payment...paying your mortgage off quicker!
Early repayment charges and product fees may apply.
Use our simple three-step guide to help make the remortgaging process as smooth as possible.
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Step 1
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Step 2
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Step 3
Step 1
Find out how much your home is worth and how much you have left to repay
Guess what... if you're moving your mortgage to us we will pay your valuation and legal fees. Exclusions apply.
Get a copy of your latest mortgage statement from your current provider in order to find out how much you have left to repay.
Tips:
✔ Check if there are there any Early Repayment Charges on your current deal
✔ Check out our range of Mortgages available and explore your options
Step 2
Find out how much you could borrow
Research the best deal for you and make sure you're aware of any administration or exit fees which could apply to your current deal. Now could be a good time to review your finances overall and see where you could save.
Tip:
✔ Use our 'How much can I borrow?' Tool to understand out rates and estimate your monthly costs
Step 3
Check out our mortgage rates
Now that you've completed your research and you're ready to apply, why not use our online Agreement in Principle Tool and get an indication of how much we could lend you?
Tips:
✔ Our Agreement in Principle Tool gives a personalised view of the mortgages that could be available for you
✔ It's just a soft credit check so there won't be any impact on your credit file