Why should I bother to remortgage?

If you are on your lenders SVR (Standard Variable Rate of Interest), you increase your chances of saving money. Your assigned advisor will compare the new products available against your existing mortgage deal, in order to work out these savings for you. If you have existing equity in your property, a remortgage would also grant you access to release some of this money if it was needed for anything. Usually we see customers use this for things like home improvements.