Should I Remortgage Before The End of My Fixed Term?

Caz Blake-Symes • September 15, 2025

Thinking of switching your mortgage before your fixed rate ends? You’re not alone. With interest rates changing in 2025, many homeowners are asking: “Can I remortgage before the end of my fixed term — and is it worth it?” Here’s what you need to know before making a move.


Most UK lenders will allow you to remortgage before your fixed rate ends, but doing so often comes with early repayment charges (ERCs). These fees can range from 1% to 5% of your loan balance, depending on how long is left on your deal. That said, early remortgaging can still make sense — if the numbers work out


Why Some People Choose to Remortgage Early

  • Take advantage of a better rate before your current deal expires
  • Consolidate debt into your mortgage for lower monthly payments
  • Lock in a new fixed deal ahead of possible rate rises
  • Switch to a more flexible product (e.g. offset or tracker)

Searching for “is it worth remortgaging early UK”? It depends entirely on your mortgage balance, ERC amount, and how much better the new deal is.


What to Watch Out For

  • High early exit fees could cancel out savings
  • ·You might not qualify for a better rate if your circumstances have changed
  • ·Timing is key — too early, and you pay more than you save
  • If your current deal is competitive, staying put could be smarter

Need a hand evaluating the numbers? We can help with a free, personalised comparison.


What We Recommend

In many cases, remortgaging 3–6 months before the end of your fixed term is ideal. Some lenders allow you to secure a new deal in advance — so you avoid the Standard Variable Rate, but don't pay exit fees. Every case is different — and that's where our advice comes in.

Quick Tip:

If your fixed term ends in the next 6–12 months, it’s a great time to review your options — before the best deals disappear.


Want to Know If It’s Worth Remortgaging Early?

If you're asking:

  • “Can I remortgage before the fixed rate ends?”
  • “What are the pros and cons of remortgaging early?”
  • Or just “Will it actually save me money?”


For further information, please visit the Remortgages Section of our website.

www.bristolmortgagesonline.com/remortgages


How to Contact Us for Advice

Phil Clark will personally deal with your enquiry

Tel 0117 325 1511

Email info@swmortgages.com

Complete a form via our website www.bristolmortgagesonline.com


Please remember: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE






 





 

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