Prestige Award winner 3 years running
Remortgage Edinburgh
Independent, whole-of-market remortgage advice for homeowners across Edinburgh and the Lothians. Whether your fixed deal is coming to an end, you're looking to release equity, or you simply want a better monthly payment, we shop the market and manage the switch on your behalf.
90%
LTV available for eligible remortgage applications
3X
Three-time Prestige Award winner
£0
Initial consultation free with no obligation
FCA
Appointed representative.
Remortgaging in Edinburgh
Get the right deal when you Remortgage
Switching mortgages means understanding exactly what the new deal offers you before you commit. The market is crowded with options, which creates plenty of chances to find something better — but also plenty of room to get it wrong, and a poorly chosen remortgage can prove costly further down the line.
We specialise in remortgaging Edinburgh homes and have guided hundreds of local homeowners onto more suitable mortgages. From New Town and Marchmont flats to family houses in Corstorphine and Morningside, we understand how Edinburgh property is valued and which lenders are willing to lend against it.
We'll walk you through your options, flag up any risks along the way, and help you work out whether remortgaging makes sense for your situation.
'Your home may be repossessed if you do not keep up repayments on your mortgage'
Why homeowners remortgage
5 Reasons Edinburgh Homeowners come to Us
01
Lower Interest Rate
You may want to remortgage simply to check whether a more competitive rate is now available elsewhere.
02
Raise Capital
If there's equity built up in your property, you might want to fund home improvements, put down a deposit on another property, consolidate debts, or cover other costs. Remortgaging to a new lender can let you borrow additional funds on top of your existing balance.
03
Change Mortgage Product
Sometimes the best move is simply switching products with your current lender, securing better terms while staying put.
04
Consolidate Debts
The equity in your home could help clear other borrowing. Remortgaging can free up cash to bring debts together into one manageable payment and ease financial pressure.
05
Change Your Mortgage Term
Shortening your term could mean you clear your mortgage — and retire — sooner than planned; lengthening it could bring your monthly payments down.
Not sure which applies to you?
A free, no-obligation review will tell you what your options are and what a switch would actually cost.
Remortgaging in Scotland
What's different about Edinburgh remortgage?
Scottish conveyancing rules, Edinburgh's valuation trends and the city's mix of tenements and period property all shape what a lender is willing to offer. Here's what we look at before we recommend a switch.
Your valuation drives the deal
Prices across Edinburgh have moved unevenly — some postcodes have seen strong growth, others far less. A stronger valuation can push you into a lower loan-to-value band, which is often the key to a better rate. We assess where you stand before you apply.
Tenements and factored flats
Properties in areas like Marchmont, Leith and Bruntsfield often raise questions around shared roofs, factoring arrangements and cladding. Different lenders take different views, so we match your case to one that's genuinely comfortable with your building.
Scottish legal work
Remortgaging in Scotland requires a Scottish solicitor and a new standard security to be put in place. Many lenders will cover this cost as part of their remortgage products, and we'll confirm exactly what's included so there are no surprise fees.
How it works
From first conversation to a new rate
Step 01
Initial consultation
We’ll discuss your current mortgage, outstanding balance, and what you’d like to achieve — completely free and with no obligation.
Step 02
Costs-Savings Check
We’ll review any early repayment charges, fees, and legal costs to see how they compare with the potential savings.
Step 03
Exploring the Market
We’ll look at options from major lenders to specialist providers before giving you a clear recommendation.
Step 04
Submitting Application
We’ll handle the application, follow up on the valuation, and stay in contact with your solicitor throughout.
Step 05
Finalising New Deal
Your new mortgage deal can begin as your existing one ends, helping you avoid moving onto the SVR.
Why Us
Why choose Prestige Mortgage Solutions?
We want to give you more value than the average mortgage broker, leaving no stone left unturned.
☑ Mortgage solutions tailored to your individual needs.
☑ Professional mortgage advice that can save you time, money, and hassle.
☑ Access to a wide range of mortgage deals across the market.
☑ We can coordinate with lenders, solicitors, and estate agents on your behalf.
☑ Ongoing support to help you move closer to your ideal home.
☑ Receive a quote with absolutely no obligation.
Edinburgh areas we help remortgage buyers in:
⚲ New Town ⚲ Marchmont ⚲ Morningside ⚲ Leith ⚲ Bruntsfield ⚲ Corstorphine ⚲ Portobello ⚲ Stockbridge ⚲ Newington ⚲ Gorgie ⚲ Musselburgh ⚲ Livingston ⚲ Dalkeith ⚲ Penicuik ⚲ Currie
Not listed? Call us — we cover the whole of the UK
What our clients say:
★★★★★
"I highly recommend the services of Prestige Mortgage Solutions and Sian Thomson in particular. She helped navigate what was a difficult landscape by providing very effective and highly efficient professional advice and support. Overall excellent experience."
- Joanna P
★★★★★
"Very professional service"
- Harry Walker
★★★★★
"Excellent service from Sian. Really quick turnaround and hassle free. Would highly recommend."
- Linda Gibson
FAQs
Remortgage questions, answered
What is remortgaging and how does it work?
Remortgaging means moving your current mortgage onto a new deal — either with a different lender or a better product from your existing one. Homeowners typically do this to secure a lower rate, release equity, consolidate debts, or change their mortgage term. We compare the whole of the market and handle the entire process for you, from application through to completion.
When is the best time to remortgage my Edinburgh home?
Ideally 3–6 months before your current fixed or discounted deal ends, so a new rate is ready to go the moment the old one expires and you avoid slipping onto your lender's standard variable rate (SVR), which is usually far more expensive. We'll check your deal's end date and any early repayment charges to make sure the timing works in your favour.
Can I remortgage to release equity from my Edinburgh property?
Yes. If your home has grown in value, or you've paid down a good portion of your mortgage, you may be able to remortgage and borrow additional funds — often up to 90% of your property's value, subject to circumstances. This is commonly used for home improvements, raising a deposit on another property, or consolidating existing debts, while keeping your monthly payments manageable.
Can I remortgage a tenement or period flat in Edinburgh?
In most cases, yes. Edinburgh's tenement stock, along with New Town and Georgian conversions, raises questions around shared roofs, factoring arrangements, common repairs and cladding. Lenders take different views on these, so the right lender matters more than the headline rate — we'll place your case with one that's comfortable with your building and tenure.
How does buying in Edinburgh's competitive market affect my remortgage options?
Edinburgh's property market moves quickly and valuations can vary significantly street to street, which affects your loan-to-value band and the rates on offer. A stronger valuation can unlock better deals, so we'll factor in current local market conditions when assessing your options and timing your application.
Will I have to pay any fees when I remortgage?
Possibly. You may face an early repayment charge from your existing lender if you leave your current deal early, plus potential arrangement and valuation fees on the new mortgage. Our initial 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.