Why You Should Start Planning Your Remortgage Now

Many homeowners are facing the need to remortgage, so if your mortgage deal is coming to an end soon, it’s essential to start planning now. Acting early can provide you with a wider range of options and prevent the stress of last-minute decisions.

Why timing matters

Starting your remortgage search early is crucial. Mortgage rates and products can change frequently, so the sooner you begin exploring your options, the better your chances of securing a favourable deal. Waiting until the last minute could limit your choices and lead to a rushed process, increasing the likelihood of missed opportunities and increased cost on payments.

Consider overpaying your mortgage

If you’re still on a low fixed-rate mortgage for the next few months and have some flexibility in your budget, consider overpaying your mortgage now. Overpaying reduces your outstanding balance, which can be beneficial when you remortgage. Not only does it help you pay off your mortgage faster, but it could also move you into a lower loan-to-value (LTV).

However be aware of Early Repayment Charges, which are fees you may encounter if you overpay more than a certain amount on your loan. Lenders often offer more competitive rates to those with a lower LTV, potentially saving you money in the long run.

Build a cash buffer

If overpaying isn’t an option, consider building a cash buffer instead. With mortgage rates higher than in recent years, having some extra savings set aside can help cushion the impact of increased monthly payments once you remortgage. This financial buffer can provide a smoother transition to higher payments.

Take action now

While there’s speculation that the bank rate may drop further, it’s uncertain when or if it will happen again soon. By acting now, you can take control of your financial situation and avoid the risk of being caught off guard by future rate changes. Planning your remortgage ahead of time allows you to explore the best options, potentially save money, and ensure a smoother process.

Get in touch today to discuss the options available to you and how remortgaging could impact your financial plans.

Making it personal with our Google reviews

    
 
 
       Dan Roberts 
 26/08/2026
 
 
  The team at Oviso, particularly Arran, were absolutely fantastic and made the whole process of applying for a mortgage really simple and straight-forward. As first time buyers, Arran made any and all time available to help answer questions and guide us through the process, it really felt that he had our best interest at heart through the entire process and no "sales" style pressure. A huge thanks and we will be recommending them to others looking for this service.
  
 
      mark burgess 
 26/08/2026
 
 
  I recently enlisted the Help of Arran at Oviso for the purchase of my house. My job is unusual in that my wages can vary and some lenders are wary of that. Arran was brilliant in sourcing a lender that understood the nature of my job and were happy to lend. Throughout the process both he and Nicola were both pro-active with communication as well as being on hand to answer our shot questions and allay any worries we had. Arran really knows his stuff, and was able to explain everything to us simply, and in a way that wasn’t confusing with all the financial jargon that can get thrown around. With thanks to Arran, Nicola and the wider team at Oviso, we now have our wonderful home.
  
 
      Nick Smith 
 12/08/2026
 
 
  Excellent service as always from Matt and the team.  Definitely recommend their services to anyone. Thanks guys
  
 
      Kerry Toolan 
 10/08/2026
 
 
  We have just used Oviso for the sixth time in 15 years Every time we've moved or re mortgaged we have used them to get the best mortgage deal and life insurance policy. Each time the experience has been efficient, professional and friendly and all the advice we have received we feel has been delivered by expert's. Their customer service is faultless and we would not hesitate to recommend them to anyone. Thank you to Matt, Helen and all the team.
  
 
      Anne Simpson 
 05/08/2026
 
 
  Always a pleasure dealing with Amelia, Matt and the team at OVISO
  
 
      Chewis Mahogany 
 23/07/2026
 
 
  Great service by Arran and the team, have had his help a few times now in the past 5 years, he and the team are always on hand to support and guide you through the journey with their knowledge and expertise.
  
 
      Anthony Lomas 
 22/07/2026
 
 
  This wasn’t the first time I’ve used Oviso and it certainly won’t be the last. Brilliant advice from Arran and efficient support throughout from Nicola.
  
 
      sean holland 
 22/07/2026
 
 
  We have recently re mortgaged and whilst staying with our existing lender should have been the easiest option it proved to be very difficult. I was then advised to try Oviso and we didn't look back. From an initial meeting with Matt at his office in Derby the whole process has been trouble and stress free. We can't thank the team enough
  
 
      Corey O'Hara 
 22/07/2026
 
 
  10/10 service from start to finish thank-you so much!
  
 
      John-Daniel Marshall 
 01/07/2026
 
 
  Great people to work with, sat in my new house now thanks to Arran, who widened what we thought was possible.
  
 
 
  
 
 
   Google rating score: 5.0 of 5, based on 150 reviews

Why You Should Start Planning Your Remortgage Now

Why timing matters

Consider overpaying your mortgage

Build a cash buffer

Take action now

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Making it personal with our Google reviews

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