Remortgages in Keston

From rural homes around Keston Village and Keston Common to properties in nearby Locksbottom, Bromley and Hayes, we support local homeowners looking to remortgage. Whether your fixed rate is ending or you’d like to raise funds for improvements, we’ll help you review your options and secure a suitable new deal.

Why Remortgage?

• Fix your payments: Move onto a new fixed rate and avoid SVR changes.
• Reduce monthly cost: Find a more competitive rate or adjust term length.
• Release equity: Raise money for extensions, landscaping or other projects.
• Change product: Switch between fixed, tracker or offset where available.
• Change borrowers: Add or remove a name from the mortgage.

When to Start

We usually suggest looking at options around 4–6 months before your current deal comes to an end, giving you time to switch smoothly to a new rate.

Your Options in Keston

• Product Transfer: A simple switch with your current lender to a new rate.
• Remortgage to a New Lender: Move your mortgage if another lender offers a structure better aligned to your goals.
• Further Advance: Additional borrowing for improvements like garages, garden offices or extensions.
• Later Life Options: For suitable clients, specialist later life products offered via FCA-authorised advisers.

How Lenders Assess a Remortgage

• Loan-to-Value: Based on your current property value and mortgage balance.
• Affordability: Income, regular spending and other borrowing commitments.
• Credit History: Payment conduct and responsible use of credit.
• Property: House type, construction and any non-standard features.

Costs to Factor In

• ERCs: Early Repayment Charges on your current deal, if any.
• Valuation & Legal: Many remortgage deals include free valuation and legal work.
• Arrangement Fees: Payable on some rates; we’ll clarify total cost over the deal period.

Step-by-Step: The Remortgage Process

1. Review: Confirm your current deal, remaining term and monthly payments.
2. Options: Compare staying with your lender vs moving to another.
3. DIP: Get a Decision in Principle if changing lender.
4. Application: Submit documents and arrange a valuation.
5. Offer: New mortgage offer issued and legal work completed.
6. Completion: Old mortgage is redeemed, and the new rate begins.

Raising Funds: Common Uses in BR2

• Extensions, loft conversions and outbuildings.
• Garden and driveway improvements.
• Consolidating higher-cost borrowing into one payment (carefully assessed).

Self-Employed & Company Directors

We help package director’s income, dividends and accounts correctly so lenders can see a realistic, sustainable income picture.

Tips to Strengthen Your Case

• Obtain and review your credit reports.
• Avoid new credit where possible right before applying.
• Maintain stable account conduct on your main bank statements.

How We Work

We provide clear, straightforward information and introductions. When you need regulated mortgage advice, we introduce you to an FCA-authorised adviser who can recommend a suitable remortgage product for your circumstances.

Useful Links

Mortgage Calculator ·
First-Time Buyers ·
Buy-to-Let ·
Contact Us

Remortgage FAQs — Keston

Can I remortgage a rural property?

Yes, many lenders are happy with rural homes, subject to standard criteria on access, construction and resaleability.

Do I need to use the same solicitor again?

Not necessarily. Many remortgages include free basic legal services through panel firms.

Can I remortgage early to secure a rate?

You can often secure a rate several months ahead and complete closer to your deal end, as long as ERCs are considered.

Ready to Review Your Rate?

Talk to our Keston team to review your current mortgage and explore remortgage options. Send an enquiry and we’ll be in touch.