Remortgage to Release Equity
Remortgage to release equity from your property - for home improvements, a deposit on a second property, debt consolidation, or any other purpose - with whole-of-market comparison across 130+ specialist lenders.
Unlocking the equity in your property
As property values rise and mortgage balances reduce, the equity built up in your home can be accessed through a capital-raising remortgage. A property bought for £300,000 with a £225,000 mortgage (75% LTV) that is now worth £400,000 with a £200,000 balance (50% LTV) can support a remortgage of up to £340,000 at 85% LTV - releasing £140,000 of equity without selling.
Equity release remortgage - every purpose handled
Home Improvements
Remortgage to fund extensions, conversions, loft rooms, and major renovations. The improved property value can further increase the equity available on the next remortgage - home improvements funded by equity release can be self-reinforcing.
Buy-to-Let Deposit
Release equity from the residential home to fund the deposit on an investment property. A common portfolio growth strategy - using equity in one property to acquire the next without drawing on savings.
Debt Consolidation
Consolidate unsecured debt into the remortgage at a lower interest rate. We model the full cost - monthly saving versus total interest over the mortgage term - before recommending consolidation.
Business Investment
Business owners frequently release equity from their home to invest in their business. Lenders assess the mortgage affordability on personal income rather than the business case - the purpose of the funds does not affect the mortgage assessment.
Gifting to Family
Remortgage to release a gift deposit for a family member's property purchase. The gift must be declared to the recipient's mortgage lender. We advise on structuring the gift letter correctly.
Second Charge as Alternative
Where the existing first charge has a competitive fixed rate with a significant ERC, a second charge mortgage releases equity without disturbing the first charge. We compare both options - full remortgage versus second charge - before making a recommendation.
How it works
Share the equity position
Tell us the property value, existing mortgage balance, and the amount to be released. We confirm the maximum equity release available and identify the best rate for the new combined loan.
Full market comparison
We compare equity release remortgage rates across 130+ lenders. On a capital-raising remortgage, the product and rate depend on the new LTV band - we ensure you access the most competitive tier.
Application and valuation
We manage the full remortgage application. The lender's valuation is typically free. Capital-raising remortgages require no additional documentation beyond a standard remortgage.
Completion and funds release
On completion, the new lender advances the full loan amount. The existing mortgage is redeemed. The released equity is paid to you via your solicitor. Typical timeline: 6 to 8 weeks.
Ready to release equity?
Share your property value, mortgage balance, and the amount you want to release. We compare 130+ lenders and return the best available deal - same working day response.
Frequently asked questions
How much equity can I release?
Up to 85-90% of the property value combined across first and second charge from most specialist lenders. The exact amount depends on the lender's maximum LTV and your income affordability on the new higher loan amount.
Do I need to explain what I am using the equity for?
Lenders ask the purpose but there is no restriction on purpose for a standard remortgage. Home improvement, deposit for second property, debt consolidation, and business investment are all accepted purposes.
Will releasing equity affect my mortgage rate?
The new loan-to-value determines the rate tier. Moving from 50% LTV to 75% LTV will typically increase the rate slightly - we model the true cost of the rate change against the benefit of the equity released.
Is a second charge mortgage better than a remortgage for equity release?
Where the existing first charge has a competitive rate and high ERC, a second charge mortgage releases equity without disturbing the first charge rate. We compare the total cost of both options before making a recommendation.
How long does a capital-raising remortgage take?
6 to 8 weeks from full application to completion for standard cases. Complex income or adverse credit cases may take slightly longer due to manual underwriting.