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Your remortgage starts here
We know how important it is to get the right mortgage, whatever step of the ladder you're on. See if you could save money by moving your mortgage to us. Already have a Lloyds Bank mortgage? See if you could switch to a new deal.
You could lose your home if you don’t keep up your mortgage repayments
Why choose Lloyds Bank?
Current special offers
Take a look at our current offers. You can qualify for one or both offers, if eligible.
Need help with your remortgage?
Frequently asked questions
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Think about what you want from your new mortgage. Are you trying to save money, or is it more important to you to pay the mortgage off more quickly? Be aware of any fees you may have to pay when you leave your current deal, such as early repayment charges.
Before applying, it's also a good idea to see how much you might be able to borrow. Our mortgage advisers are always happy to answer any questions and help you find a new deal.
Learn more about whether remortgaging is right for you.
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How much you can borrow when your remortgage will depend on various factors, including:
- How much your home is worth
- How much you owe on your current mortgage
- How much you would like to borrow, and over how long
- Income and outgoings of those named on the mortgage.
You can use our remortgage calculator to get an idea of how much you might be able to borrow.
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You can normally remortgage at any point in your deal. Be aware, most lenders will have early exit fees depending on how long you have left. You’ll have to decide if paying the fee is worth it.
If you have less than 6 months on your current mortgage deal, you can usually secure a new deal ready for when it ends. This can be with your current lender or a different one.
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Remortgaging normally takes around 6 to 8 weeks. It can depend on how long it takes you, a potential new lender and a conveyancer to complete the various steps.
You may be able to speed up the process by having all your paperwork ready on time. You can also try telling your conveyancer you’re in a hurry.
Learn more about how long it takes to remortgage.
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Yes, if you’re remortgaging and switching your mortgage to a different lender then you’ll need a conveyancing solicitor. The solicitor will arrange the transfer from one lender to another.
Some lenders will arrange a solicitor for you, or you can find your own. If you remortgage with Lloyds Bank, you can use our Remortgaging Switching Service. We won’t charge you for the valuation, and we’ll pay for your own basic legal work (other legal fees may apply).
If you’re just taking out a new deal with your current lender, then you won’t need a solicitor.
Watch our video on the remortgaging conveyancing process to find out more, including a checklist of what you’ll need to do.
![Lloyds Bank Remortgage Switching Service video.]()
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Our free basic legal work includes:
- Checking information from the Land Registry relating to the property
- Contacting existing lenders to confirm outstanding balances
- Requesting funds upon completion
- Updating mortgage details at the Land Registry.
You may need to pay additional legal fees in some cases, such as:
- Transfer of surplus funds upon completion
- Adding a new customer name or removing an existing customer name from the property register (Transfer of Equity)
- Extending a lease
- Shared Equity or Shared Ownership work
- Resolving name and address discrepancies
- Copy Documentation requirements.
Our conveyancers will let you know if any additional legal fees apply.
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There are various factors that can determine how much it will cost you to remortgage. These include:
- Early repayment charges
- Legal fees
- Valuations
- Booking and arrangement fees
- Product fees
If you remortgage to Lloyds Bank, we'll pay legal basic fees, the cost of valuation and won't charge booking or arrangement fees. We sometimes charge a product fee. Find out more about how much it costs to remortgage.
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When you apply to remortgage with Lloyds Bank, you’ll need to give us some details about you and anyone else named on the mortgage. We’ll need some personal details, such as:
- Name, address, date of birth and contact details
- Income
- Outgoings and financial commitments
- Dependents and people you care for.
We’ll also need:
- Details about the property you want to mortgage, including when it was built
- Your current lender and mortgage balance
- Supporting documents that confirm these details.
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Remortgaging is when you switch your mortgage to a different lender. If you move to a new deal with the same lender, this is called a Product Transfer.
Whether your existing lender allows you to take out a new deal will depend on various factors. These include how much you want to borrow, the term, your income and outgoings, and credit history.
If you already have a Lloyds Bank mortgage, find out more about switching to a new deal.
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- Cashback will be paid on mortgage completion via your conveyancer.
- Customers must have a valid EPC showing on the EPC Register or a certificate confirming the property has an A or B performance rating.
- New Build properties currently in development will not have an initial EPC rating, in this instance customers should obtain a Predicted Energy Assessment (PEA) from the builder.
- Excludes Buy to Let mortgage applications.
- Available to customers who take out a new mortgage product.