Posted Date: 15/10/2025
For many homeowners, one of the main reasons to remortgage is the chance to lower monthly repayments. By switching to a new deal, you may be able to reduce what you pay each month, depending on your circumstances and market conditions.
Why Repayments Can Change
When your current mortgage deal ends, you may be moved onto your lender’s standard variable rate, which can often be higher. By securing a new rate through remortgaging, you could potentially lower your monthly costs. Even a small change in rate can make a noticeable difference over time.
Moving Forward with a Remortgage
Every situation is unique, and while remortgaging can sometimes help reduce repayments, it’s important to consider the full picture, including fees and long-term goals. Speaking with a specialist can help you decide whether a new deal is right for you.
At Muuvin Mortgages & Protection, we offer no-obligation calls to discuss your circumstances and explore what options may be available.
Can remortgaging always lower my repayments?
Not always. It depends on factors like interest rates, equity, and your personal circumstances.
Will I need to pay fees to remortgage?
Some lenders may charge fees, so it’s important to weigh these against potential savings.
What if I want to shorten my mortgage term instead?
It’s possible to remortgage into a shorter term, though this usually increases monthly repayments.
Disclaimer
Your home may be repossessed if you do not keep up repayments on your mortgage.
This article is for general information only and should not be taken as advice. Mortgage applications are subject to status and lender criteria. The information provided is correct as of the date it was posted and may be subject to change without notice.
