Compare the best remortgage rates and deals from over 100 lenders

Should I remortgage now?

Whether now is a good time to remortgage depends on when your current deal ends and where rates are heading. The Bank of England base rate currently sits at 3.75%, and while cuts had been expected earlier in 2026, renewed inflation pressures have pushed that timeline back — with a rise is possible later this year.

If your fixed rate is ending in the next six months, locking in a new deal now may be a smart move. You can secure a rate today and reapply at no cost if rates fall before completion with Tembo's RateCheck service*. If you're mid-fix, check your early repayment charges first - it's worth doing the maths on whether switching now outweighs the exit fee.

For a personalised view of whether remortgaging makes sense for your situation, try our Remortgage Calculator or speak to a Tembo advisor.

Which bank is best for remortgaging?

Which bank is best for remortgaging depends on what deals and rates you’re eligible for. Plus, banks and building societies often change their rates multiple times a month, so the best bank to remortgage with one week could be entirely different the week after. To see which banks are best for you and your situation, work with a mortgage broker to understand your options.

Do you get better rates when remortgaging?

Yes, you can sometimes get better rates when remortgaging. This is because the amount of equity you hold in the property will have increased if you’ve reduced your loan size over time through repayments. Plus, if your mortgage affordability has improved because, for example, you’ve had a pay rise, this can also help you access better rates. However, this is also impacted by what rates lenders are offering at the time, which can sometimes be higher than when you took out your mortgage originally.

Is it better to remortgage for 2 or 5 years?

Whether it’s better to remortgage for 2 or 5 years depends on what the market is like at the time, and how you feel about risk. Fixing for longer can give you greater security, but could see you paying a higher rate of interest than remortgaging again in a few years’ time. If interest rates go up, fixing for longer when they are lower can see you benefit from a lower rate for longer. However, it’s impossible to know what interest rates will look like in a few years’ time. It’s best to get expert advice from a trusted mortgage broker to help you decide how long to fix for when you remortgage.

How soon can you remortgage before your fixed rate ends?

You can remortgage up to 6 months before your fixed rate deal ends. It’s a good idea to lock in a new deal at this time, as you can always reapply later on if interest rates drop. But if rates go up in those six months, you will have locked in a lower interest rate already.

How we source our mortgage rates

Tembo's comparison tool pulls live remortgage product data from our panel of over 100 lenders. Rates are refreshed daily and reflect standard eligibility criteria — your actual rate will depend on your loan-to-value, credit profile, and remaining mortgage balance. For a personalised remortgage recommendation, speak to a Tembo advisor.

Need help remortgaging?

If you’re struggling to remortgage or are unsure whether now is the right time, we can help. Tembo is an award-winning mortgage brokerage that has helped thousands discover how they could boost their affordability.

**Full terms and conditions of our rate checking service can be found here.

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