Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
Homeowners in York can use a remortgage to release equity to access funds by borrowing against their property’s value, whether it’s for:
A mortgage broker in York, like ourselves, can support you in finding a deal that works for your financial goals.
How much equity you can release when remortgaging in York depends on your home’s current value and any outstanding balance on your secured loans or mortgage.
Lenders will also assess factors like your age, credit score, and affordability to calculate the amount you can borrow.
Our mortgage advisors in York will support you throughout the process, ensuring everything runs smoothly.
Releasing equity through a remortgage in York could result in changes to your monthly payments, depending on the amount you borrow, your repayment term, and the interest rate.
Borrowing more equity may increase your payments, by adjusting the repayment term could help manage costs but might lead to higher overall borrowing expenses.
For tailored mortgage advice in York, our team can guide you in finding the right solution for your needs.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Yes, remortgaging during a fixed-rate deal is possible, although it may involve paying an Early Repayment Charge (ERC). This fee is typically a percentage of your remaining mortgage balance.
It’s essential to weigh the ERC cost against the potential benefits, such as releasing equity or securing a better interest rate. A mortgage broker in York can help you evaluate whether remortgaging is the right choice for your circumstances.
If a remortgage isn’t the most suitable option for your needs, consider these alternatives:
For personalised advice, a mortgage advisor in York can guide you through these options to find the most suitable solution.
Yes, those aged 50+ can remortgage to release equity. Many lenders provide products tailored to older borrowers, with eligibility determined by factors such as income, credit score, and the term remaining on your mortgage.
For expert guidance, speak with a mortgage broker in York to explore the options available to you.
To estimate your property’s value in York:
Understanding your home’s value is a crucial step in releasing equity. A mortgage advisor in York can assist you in leveraging your property’s value to achieve your financial goals.
Our Customers Love Us
4.96 Rating212 Reviews
Rebecca
Charlie was brilliant. Very friendly and efficient. Would definitely recommend.
2 weeks ago
nicholas
simple process with friendly and helpfull staff
1 month ago
Sarah
Fantastic, friendly service from a super efficient and highly knowledgeable team! This was the first time we've been through the process and we were fully supported at every stage.
2 months ago
Anonymous
Amazing team. Honest and helpful throughout. Malcolm is wonderful.
2 months ago
Lewis
Excellent, thorough service that is definitely worth the money.
3 months ago
Phil
Absolutely brilliant service from Conor and the rest of the team. I was provided clear details and guidance around my options and they made the process an absolute breeze. Really took the headache out of what can be a very stressful process. Would...
3 months ago
Raphaella
Brilliant service helping me to remortgage.
4 months ago
Katy
Matt and the team have been great. Quick turnaround from AIP to formal offer. Good advice and explained well in the initial stages. Overall very easy and simple process.
5 months ago
Nathan
Matt Collinson and his support team are brilliant, second time of using them and both times have been very smooth and simple! They have enabled to to exceed all my expectations the houses I would be able to purchase!
5 months ago
Reece
Very helpful, very efficient. Good service from a good team.
6 months ago
Anonymous
Made the remortgaging process very simple and completely painless! Highly recommend.
6 months ago
Anonymous
My industry generally uses fixed-term contracts and this complicated my situation when looking for my first mortgage. With my broker's help I was able to secure a mortgage and recently completed the purchase of a property. Thanks.
6 months ago
Grayson
smooth process throughtout. great communucation.would highly recommend to anyone looking for a mortgage broker.
6 months ago
Kieran
Helped me through my morgage process with no issues and was always just a phone call away to help me with any questions very great service throughout would highly recommend.
6 months ago
Mr.
Excellent advice given since I first started using their services. Honest and clear.
6 months ago
Chris
Fantastic service, Charlie and the UK Moneyman team went above and beyond to understand our financial situation and help us to get on the property ladder. Everything was patiently and clearly explained to us and we were kept up to date with the...
8 months ago
Anonymous
Excellent and personalised service
8 months ago
Alison
Have been very impressed. Certainly smoothed the whole process. Got a good deal on an atypical mortgage. Got an agreement in principle very quickly.
8 months ago
Simon
Excellent service
9 months ago
Anonymous
Excellent service. Would highly recommend.
9 months ago
The process begins with a remortgage review to understand your current situation. Whether you’re looking to release equity in York for home improvements or reduce your monthly outgoings, we’ll guide you through the available options.
Our extensive network allows us to provide access to thousands of remortgage deals. For those in York, we’ll compare competitive rates and flexible options to help you achieve your goals.
We’ll handle the remortgage application on your behalf, ensuring all forms are completed accurately and on time. Our mortgage advisors in York will keep you informed throughout the process.
When your remortgage is approved, we’ll oversee the completion, ensuring everything is finalised smoothly. Whether staying with your current lender or switching to a new one, we’ll make the process seamless in York.
Our remortgage review helps homeowners in York explore their options with confidence. Whether you’re looking to release equity, lower your monthly payments, or secure a better interest rate, we’ll provide tailored advice to meet your needs.
With thousands of remortgage deals available, we’ll find the most suitable product for your circumstances in York. From competitive fixed rates to flexible terms, we’ll ensure you have access to the most suitable options.
We’re dedicated to making the remortgage process in York simple and stress-free. Our team will handle your application, complete all necessary paperwork, and communicate with lenders to ensure everything is processed smoothly and efficiently.
Our mortgage advisors in York are available 7 days a week, offering flexible support to fit around your schedule, including evenings and weekends.
Releasing equity can provide the funds needed for home upgrades, such as building an extension, transforming a loft, or updating older features like bathrooms or kitchens. These projects improve both comfort and property value in York.
Equity release can be a great way to finance significant life events, like a milestone celebration, a wedding, or a memorable family holiday. It allows you to make the most of your property’s value for life’s special moments.
Many people use equity release to provide financial assistance to family members. Whether it’s helping a loved one with a house deposit or supporting education costs, it’s a practical way to put your property’s value to good use.
Equity release can help provide the deposit needed to purchase a second property, such as a buy-to-let investment or a holiday home. This approach offers an opportunity for additional rental income or long-term financial growth.
Releasing equity is a popular option for those nearing retirement, offering extra funds to supplement pension income or pay off remaining mortgage balances. This creates greater financial flexibility and security in later years.
Read our 212 Reviews
Yorkmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Yorkmoneyman 2025.
Contact
Follow Us
Yorkmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Yorkmoneyman 2025.
Speak to an Advisor
7 Days a Week, 8am – 10pm
