Three-time Prestige Award winner
Remortgage Dundee
Independent, whole-of-market remortgage advice for homeowners in Dundee and the wider Tayside area. If your current deal is about to end, you'd like to free up some equity or you want smaller monthly payments, we search the market and handle the switch from start to finish.
✓ Rate switches, equity release, debt consolidation and term changes
✓ Phone or video appointments arranged around your routine
✓ Free initial consultation with no obligation
90%
Loan to value available when you remortgage
3X
Prestige Award winner, three years running
£0
Initial consultation is FREE with no obligation
FCA
Appointed representative.
'Your home may be repossessed if you do not keep up repayments on your mortgage'
Remortgaging in Dundee
Make sure your remortgage works in your favour
Moving from one mortgage to another only makes sense if you're clear on what you'll gain. The market offers a huge range of deals, which means plenty of scope to switch, but it also means more room for costly mistakes, and a badly judged remortgage can eat into your finances for years.
Remortgaging is our everyday work, and we've helped hundreds of homeowners move onto more suitable terms. From tenement flats in the West End and Hilltown to villas in Broughty Ferry and family homes in Downfield, we know how Dundee property is valued and which lenders are happy to lend against it.
We'll explain your options in straightforward language, point out any risks and help you judge whether remortgaging is the right call.
Why homeowners remortgage
5 reasons Dundee homeowners come to us
01
Lower Interest Rate
Other lenders may be offering more competitive rates than the deal you have now, and it's worth finding out.
02
Raise Capital
Where your property has built up equity, you could use it to carry out improvements, buy another property, clear debts or meet a personal need.
03
Change Mortgage Product
Your existing lender might offer you a better product, which would let you stay with them.
04
Consolidate Debts
The equity in your home may be used to tackle other borrowing. A remortgage could release cash to consolidate what you owe and take some of the strain away.
05
Change Your Mortgage Term
You could shorten the term to be mortgage-free sooner and retire earlier than planned, or extend it to reduce what you pay each month.
Not sure which applies to you?
A free, no-obligation review will show you your options and the true cost of switching.
Remortgaging in Scotland
What should Dundee homeowners know before they remortgage?
Scottish legal procedures, local valuations and the mix of property types in Dundee can all affect what a lender is prepared to offer. This is what we review before recommending a switch.
Your valuation drives the deal
Values in Dundee don't move in step across the city, with some postcodes seeing bigger changes than others. A higher valuation can place you in a lower loan-to-value band, and that often gives you access to a better rate. We look at where you sit before you apply.
Tenements and factored flats
Dundee has many tenement flats and other shared buildings, which raise questions about roofs, factoring arrangements and the overall state of the building. Lenders don't all see these the same way, so we put your application to one that's comfortable with your property.
Scottish legal work
A remortgage in Scotland needs a Scottish solicitor and a new standard security. Many lenders cover this cost on their remortgage products. We confirm exactly what's included so your fees hold no surprises.
How it works
From first conversation to your new deal
Step 01
Free consultation
A relaxed, no-obligation conversation about your current deal, your outstanding balance and what you'd like to change.
Step 02
Switch cost review
We set early repayment charges, fees and legal costs against the saving, so you see the full picture.
Step 03
Whole-of-market
We compare everything from the big banks to specialist lenders, then give you a clear recommendation.
Step 04
Application
We submit the application, follow up on the valuation and keep your solicitor in the loop.
Step 05
Completion
Your new deal starts the day your old one ends, so you don't drift onto the SVR.
Why Us
Why choose Prestige Mortgage Solutions?
We aim to offer more value than the typical mortgage broker, and we leave no stone unturned.
☑ Mortgage support built around your own circumstances.
☑ Advice from experienced professionals that saves you time, money and stress.
☑ Access to rates from across the whole of the market.
☑ We manage communication between your lender, solicitor and estate agent.
☑ We'll stay with you for the long haul, right up to your dream home.
☑ Every quote comes with no obligation.
Dundee areas where we help homeowners remortgage
⚲West End ⚲Perth Road ⚲Broughty Ferry ⚲Lochee ⚲Stobswell ⚲Hilltown ⚲Downfield ⚲Menzieshill ⚲Barnhill ⚲Invergowrie ⚲Monifieth ⚲Carnoustie ⚲Newport-on-Tay ⚲Wormit ⚲Tayport ⚲Liff
Can't see your area? Give us a call, as we cover the whole of the UK.
What our clients say:
★★★★★
"Highly efficient and Professional, Thank you Sian will always pass your details onto friends and clients."
- Michael Stockdale
★★★★★
"Sian answered all of our questions no matter how silly they sounded to us she always reassured us they were normal for first time buyers!...."
- Scott Learmonth
★★★★★
"I couldn’t recommend prestige mortgage solutions enough. I previously have had bad credit and Chris made sure he would be able to get me a mortgage in place...."
- Euan Martin
FAQs
Remortgage questions, answered
What is remortgaging and how does the process work?
Remortgaging means transferring your current mortgage to a new deal, either with another lender or on a better product from your existing one. People generally do it to secure a lower rate, release equity, consolidate debts or change their term. We compare deals across the whole market and manage the entire switch for you.
When is the best time to remortgage?
Typically 3 to 6 months before your fixed or discounted deal comes to an end. That gives you time to lock in a new rate and avoid moving onto your lender's standard variable rate (SVR), which is often more costly. We'll check your end date and any early repayment charges so we can time the switch to save you the most.
Can I remortgage to release equity from my Dundee property?
Yes. If your home has risen in value or you've paid down a good part of your mortgage, you may be able to remortgage and borrow extra funds, often up to 90% of the property's value, subject to circumstances. Homeowners commonly use this for home improvements, buying another property or consolidating debts, while keeping payments manageable.
Can I remortgage a tenement flat in Dundee?
In most cases, yes. Lenders have different views on traditional tenement construction, shared roofs, factoring arrangements and the condition of the building, so the choice of lender matters more than the headline rate. We match your case with a lender that's comfortable with your property and tenure.
Can I remortgage to consolidate my debts?
Potentially, yes. Using the equity in your home to clear other debts may lower your monthly outgoings and make your finances simpler. It's important to think carefully before securing other debts against your home, though, because while your monthly cost may fall, you could pay more interest over the full mortgage term. We'll help you weigh it up.
Will there be any fees when I remortgage?
Possibly. Your existing lender may charge an early repayment charge if you leave your deal early, and the new mortgage may carry arrangement and valuation fees. Our first consultation is free with no obligation, and if you go ahead we typically charge a £499 arrangement fee, payable only once you receive your mortgage offer.