Remortgaging - What is the earliest we can start?

[Notyetthere]

Our current 3 year fix ends November 2025. I understand that we can start the process of remortgaging up to six months before the current fix ends.

Does that mean that we can start applications in May (6 months before) or that we start slightly earlier, say April and hopefully by the time we have gone through the process of affordability checks, valuations, underwriters, etc, it will be six months and at that we lock in the new fixed rate?

Mine ends in Sept 25. Mortgage advisors said to start looking in late February

Only 6 months before. You can lock a new deal in and keep checking to see if there are better deals as time goes on. The process shouldn't take that long anyway, mine was sorted in literally a day or two.

@CandiedPrincess you can't lock it in until 6 months before but you can get everything set up with the advisor before that so you are ready to lock in as early as possible

Not all providers will offer a rate 6 months ahead - last year Santander didn't provide us with any info about their remortgage rates until 4 months before our fix was up.

Most advisors didn't want to speak to me until I got to the 6 months but there's not that much you have to do for a remortgage anyway. Like I say, mine was sorted in 1-2 days tops and that included me digging out thinks I needed to.

Yes, this is the answer to my question. Thank you.

Mine expired this November - I had an email 6 month to the date before saying I could now look at new deals - I poked at the app and locked in what is wanted as I new it interest rates may rise in the interim (which they did) and then whenever the news announces mortgage lenders have reduced rates I go back on the app - cancel the previous one and then lock in again at the new Lower rate - you can do this multiple times before your old mortgage deal expires- all takes less than minute

Once you are at point close to the deadline you get emailed the documents to electronically sign - done within seconds

I think you are referring to a switch with my current lender. I'm actually looking at remortgaging to another lender. I will, of course, compare with my current lender's retention products to see if they are competitive then it would be easier to just switch as they don't do credit checks or affordability checks(which I bet many of us are being affected by these due to increased bills elsewhere).

Yes, I will carry on checking my current lender's rates to compare and if they are competitive then I will just switch with them. However, if rates are looking more attractive elsewhere, I would also like to start the process as early as possible, which is why I was asking the question.

Oh sorry missed you were looking for a new lender

I have done this also - and also needed additional borrowing - started the process once I'd had the notice from the current lender that I was 6 months out in case it took time to get the house revalued (but as it happens seems they just did a drive by and used zoopla)

Oh yes we are also going for additional borrowing. For the valuation, I bet they will want to come in instead of a drive by since we have done a loft conversion so that might affect the desktop valuation.

@Notyetthere

I had completely gutted and renovated when I remortgaged - literally stripped the place to brickwork - I was surprised they didnt want to actually come in but as the valuation was what I was looking for (needed) then I didn't query it too much