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If you’re thinking of remortgaging your existing property, we have a range of remortgage products that could be suitable for you.

If you have a standard variable rate mortgage, or a mortgage deal that is about to revert onto a standard variable rate, you may be able to make valuable savings by remortgaging with Newcastle Building Society. There are many benefits of moving your mortgage to us, including:

  • Cashback available on selected products to help you with the costs of remortgaging;
  • Free standard valuation fee on properties up to £500k on selected products;
  • 10% overpayments per annum, along with an additional £499 monthly overpayment allowance on all products;
  • The option to borrow up to 95% of your home's value, including any additional borrowing you may take at the same time;
  • Free, no obligation advice from our team of qualified mortgage advisers.

A personal service

Throughout your mortgage journey with us, from helping with affordability through to issuing the application, you have one dedicated point of contact. All of our team are friendly and personable and you will have direct access to them.

Flexibility and individuality 

Your application isn’t reviewed by a computer; we have a team of underwriters who work closely with your mortgage adviser to review your personal situation and circumstances. This allows us to be flexible and efficient when making a decision.

Home insurance

SmartQuote is an easy and fast way to get a home insurance* quote. Answer five simple questions and SmartQuote does the rest. By using publicly available data sources, SmartQuote gives us all the information we need to give you a quote on the spot.

Getting started

How does a remortgage work?

A remortgage is the process of switching your existing mortgage on your home to a new lender. In simple terms, the new mortgage is used to pay off the existing mortgage, using the same property as security against the loan.

Do I need to remortgage?

The need to remortgage most often occurs when you are coming to the end of your current mortgage deal and your rate is increasing. Or perhaps your deal has already expired and you have been moved on to a higher rate. Either way, a remortgage will help you change to a mortgage that is more suitable for your current circumstances. But, how do you know when it’s the right time to remortgage your home? Read our when to remortgage guide to find out more.

How do I remortgage?

The process of a remortgage is relatively straightforward but there are several things to consider. You may want to weigh up the pros and cons of mortgage product transfers vs remortgaging, or determine how much you can borrow before proceeding. Regardless of how far along you are in your remortgage journey, our comprehensive guide to the remortgage process can help.

View our complete range of mortgages

View all our mortgages

YOUR MORTGAGE WILL BE SECURED ON YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Front doors in Durham

The adviser was very helpful and reassuring, everything was handled in a friendly and efficient manner.

Brian Elphick

Mortgage Customer

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Arrange to speak to one of our mortgage advisers.

0345 601 5533

Calls to 03 numbers cost the same as a call to a standard ‘01’ or ‘02’ landline number, even when calling from a mobile. Contact your provider for more information.

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*Buildings and contents insurance is arranged by Newcastle Building Society and underwritten by Fairmead Insurance Limited (renamed from Legal & General Insurance Limited), part of the Liverpool Victoria General Insurance Group.  To get a quote and apply online you will be transferred to their website.  Their terms and conditions and cookie policy may differ from Newcastle Building Society’s so please read them carefully.