How Early Can You Start a Remortgage?

Wondering how early you can start a remortgage? Find out the best timing, how lenders view it, and how to avoid slipping onto higher rates.

Your fixed-rate deal is ending, and the question comes up: when should you start looking at your next mortgage? Leave it too late, and you risk paying more than you need to. Start too early, and you may worry about fees or wasted effort.

So how early can you start a remortgage, and what’s the smartest timing? Let’s break it down.

The standard timing: around six months before

Most lenders allow you to apply for a new deal up to six months before your current rate ends. This means you can lock in a deal in advance, protecting yourself against possible rate rises.

Why starting early matters

If you wait until your current deal expires, you will automatically move onto your lender’s Standard Variable Rate (SVR). This is usually higher and less predictable. Acting early prevents unnecessary costs.

When starting earlier makes sense

If interest rates are expected to rise, applying as soon as possible within the six-month window can give peace of mind. Securing a deal early often outweighs the risk of waiting to see what happens.

What if your circumstances have changed?

Starting early gives time to prepare if your income, spending, or credit record looks different now compared to when you last applied. A broker can help strengthen your application if more checks are needed.

Do you pay early repayment charges if you switch too soon?

Yes, if you leave your deal before the end date, you may face charges. That’s why the sweet spot is securing a new deal in advance, timed to start the day your current rate finishes.

The Bottom Line

You do not need to wait until the last minute. In fact, starting six months early gives you time, choice, and security. The key is timing your remortgage so that the new deal begins the moment your current one ends.

Your home may be repossessed if you do not keep up repayments on your mortgage or other loan secured against it.

• How far in advance can I remortgage?

  Usually up to six months before your current deal ends.

• Will I pay fees if I remortgage too early?

  Yes, leaving a deal before it ends can mean early repayment charges. The aim is to line up your new deal to start right after.

• What happens if I wait until my deal ends?

  You will move onto your lender’s Standard Variable Rate, which is often higher.