Compare 90% remortgages

Yes, you can switch to a deal with a new lender. It will pay off your old mortgage and you’ll start making repayments to the new lender instead. 

Make sure you compare deals from new lenders against deals from your existing provider to check you’re getting the best possible offer for your circumstances. One of the best and easiest ways to do this is to speak to a mortgage broker who can look at deals from other lenders and your current provider to see what will work for you.

Although they're much more unusual now compared to before the 2008 financial crash, you may be able to get a mortgage without a deposit. 

However, most 100% mortgages are guarantor mortgages, which means you can only get one if you can find someone (usually a family member) to act as guarantor and agree to be responsible for covering the mortgage payments if you cannot. 

For most other mortgages, you need at least a 5% deposit.

It's usually quicker to remortgage than it is to take out a mortgage to buy a new home. It's especially quick if you're getting a new deal with the same lender and not borrowing any extra money.

Typically, a straightforward remortgage takes about four to eight weeks but this can be longer if your application is rejected or there are any problems.

Yes, you can get a mortgage offer from a lender before you need it. Some remortgage offers last for several months.

It is always good to plan ahead and make sure you have an offer in place before your current deal ends so you don’t end up moving onto your lender’s standard variable rate.

Yes, remortgage providers will usually let you borrow more than you owe on your property, particularly if your home has gone up in value. You can use the extra money for specific purposes like renovations.

The lender will want to know what the cash is for and will carry out affordability checks to make sure you can make the repayments comfortably.