Use this checklist before choosing a new mortgage deal so that the rate is only one part of the decision. Your current deal, early repayment charges, fees, loan-to-value, plans and affordability all matter. The download turns those points into a short list you can work through.
What is inside the remortgage checklist?
The PDF covers the practical details people often need to gather before comparing deals:
- Your current rate, deal end date and outstanding balance.
- Early repayment charges and fees to check with your lender.
- Product-transfer and remortgage options to compare.
- Income, spending and documents that may be requested.
- Your priorities, such as payment certainty or flexibility.
You do not need every answer before you download it. Use the blank spaces to note what you know, then mark the points you want to check.
Compare the full cost, not only the headline rate
A lower initial rate can still cost more once you include the product fee, legal or valuation costs, cashback conditions and any charge for leaving your current deal. Compare the payments, fees and balance over the same period so that the options are measured consistently.
If a fee is added to the mortgage, you may pay interest on it while it remains part of the balance. Extending the term may reduce the monthly payment but can increase the total interest. The checklist gives you a prompt to ask about both effects.
Plan the timing around your current deal
Many homeowners start reviewing their options several months before a fixed-rate deal ends. Check your lender's exact deal end date and the date any early repayment charge stops applying. Applying, receiving an offer and completing the remortgage are separate stages, so leave time for questions and delays.
If your deal has already ended, you can still compare a product transfer with a remortgage elsewhere. If you are worried about making your payments, contact your existing lender promptly while you review your options.
Prepare the information a lender may need
Requirements vary by lender and by your circumstances. It can help to have your latest mortgage statement, proof of income, details of regular spending and information about any changes to your household or plans. Self-employed applicants and company directors may need tax calculations, accounts or tax-year overviews.
Your property value and mortgage balance also affect the loan-to-value band used by a lender. An estimate is useful for an initial discussion, but it does not guarantee the value a lender will accept.
Want a free mortgage review?
A short review can help you check the dates, costs and route that fits your circumstances. We can discuss staying with your current lender, moving to another lender or whether your plans mean you need to consider a different type of mortgage.
Book a free initial mortgage review when you are ready. I do not charge a mortgage broker fee. I receive commission from the lender when a mortgage completes, and lender fees or other costs may still apply.
This checklist and guide provide general information, not a personal mortgage recommendation. Products, criteria and lender processes can change, and any recommendation will depend on your individual circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.