If you’re like many homeowners, your mortgage might not be something you think about every day, until your fixed rate is about to end or your monthly payments suddenly increase.
Whether you’re managing family life, rising household costs, or looking ahead to retirement, remortgaging at the right time can free up money, reduce financial pressure, and support your bigger financial goals.
But how do you know when it’s the right time to act? Let’s break it down…
1. Your fixed rate is ending soon
If your current mortgage deal is due to end in the next six months, it’s time to start reviewing your options.
When a fixed or tracker deal ends, you’re usually moved onto your lender’s Standard Variable Rate (SVR), and that’s rarely good news. SVRs are often much higher, which can mean paying hundreds of pounds more each month.
A new mortgage deal could lock in a better rate, giving you stability and control over your monthly payments.
2. You want to reduce your monthly payments
If your mortgage feels like it’s taking up too much of your monthly budget, remortgaging can help you spread your term or find a lower rate.
This can be particularly valuable for busy families managing childcare, school costs, or household bills, or for those nearing retirement and wanting to balance income with living expenses.
3. You’d like to borrow more — for home improvements or life goals
Sometimes remortgaging isn’t about saving money, but accessing it.
You might want to release equity to fund:
- Home improvements or an extension
- A child’s first home deposit
- A once-in-a-lifetime family holiday
- Early retirement plans
If your property has grown in value since you bought it, remortgaging could let you borrow more at a competitive rate.
4. You want to consolidate debts
If you have multiple debts at higher interest rates, a remortgage could allow you to consolidate them into one affordable monthly payment.
However, this needs careful consideration. Stretching short-term debt over a longer mortgage term can mean paying more interest overall. A financial adviser can help you weigh up whether it’s the right move for you.
5. Your property value or circumstances have changed
If your home’s value has increased, your loan-to-value (LTV) ratio may now be lower, potentially unlocking access to better mortgage rates.
On the other hand, if your income has changed, or if you’re approaching retirement, reviewing your mortgage can help ensure your finances stay aligned with your lifestyle and long-term goals.
6. You want your mortgage to fit into your wider financial plan
Your mortgage isn’t just a standalone product, it’s part of your overall financial wellbeing.
For some, remortgaging is a chance to free up money for savings, pensions, or investments. For others, it’s about creating peace of mind through lower payments or financial stability before a major life change, like reducing work hours or retiring.
When we look at remortgages at Willow Tree Financial Services, we always start with your life goals first, then your financial plan, and then the mortgage that supports them.
The Real Cost of Doing Nothing
It’s easy to put off reviewing your mortgage, especially when life is busy. But moving onto a lender’s SVR could mean paying £200–£400 more every month, money that could otherwise go toward holidays, family experiences, or your retirement savings.
A quick review now could make a meaningful difference to your future finances.
Download: Your Guide to Remortgaging
If you’re not sure where to start, we’ve created a free, easy-to-follow guide called “Your Guide to Remortgaging: A Clear and Practical Guide.”
Inside, you’ll find:
🌿 A step-by-step checklist of the remortgaging process
🌿 Clear explanations of costs and fees
🌿 Real-life examples of how remortgaging helped our clients save money and reach goals
🌿 A printable checklist of documents you’ll need
🌿 Guidance on how remortgaging fits into your wider financial plan
🌿 Tips on EPC ratings, green mortgages, and home energy efficiency
Whether your fixed rate is ending or you simply want to understand your options, this guide helps you feel informed, confident, and ready to make smart financial decisions.
Download Your Free Remortgaging Guide Here
Ready to Review Your Mortgage?
If your current deal ends within the next six months, or if you haven’t checked your mortgage in over two years, now’s the perfect time to talk.
At Willow Tree Financial Services, we’ll:
✔ Review your current mortgage and lender options
✔ Check how much you could save each month
✔ Align your mortgage with your lifestyle and long-term goals
✔ Handle the process from start to finish, keeping things simple and stress-free
Your home is more than bricks and mortar, it’s the foundation of your financial wellbeing. Let’s make sure your mortgage supports that.
Book your free mortgage review today.
At Willow Tree Financial Services, we offer personalised advice on Financial Planning, Mortgages, Investments, Pensions, Personal & Business Protection, and Wills, Trusts & Estate Planning, all tailored to your individual goals and circumstances.
Call us on 01323 436680, get in touch here, or book an appointment here to get started.
We’re based in Polegate, East Sussex, and support clients across the South East and beyond.
Stay in touch with us on social media:
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Plus, visit our YouTube channel where you can lots of helpful financial advice videos:
http://www.youtube.com/@willowtreefinancialservices
Willow Tree Financial Services is a trading style of Rachael Panteney who is an appointed representative of Quilter Financial Services Limited, which is authorised and regulated by the Financial Conduct Authority.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The value of investments and pensions, and any income they produce, can fall as well as rise. You may get back less than you invested.
The Financial Conduct Authority does not regulate wills, trusts, estate planning, and lasting power of attorney.
