Is it easy to remortgage?
Remortgaging is usually very easy, especially compared with getting a mortgage to purchase a property. If you want to remortgage you simply need to find the mortgage you want, make your application, and your solicitor and lender will take care of the rest.
There’s no chain to worry about, no house to buy or sell, no contracts to exchange, fewer searches required (if any), and the general legal process of registering the charge with the new lender is far more simple too.
Although many remortgages will require a valuation, some lenders have automated services for properties at lower loan-to-value ratios and will remove the need if a property or deal is clearly a safe bet.