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Mortgages and Remortgages

  • Best mortgage rates for niche and prime mortgages
  • Simple straightforward application, that won't affect your credit score
  • Extensive lender panel of specialist providers
  • Mortgages from £50,000 - £1,500,000
  • We handle all the paperwork & make the process hassle-free
  • We will manually source a product that is bespoke to your personal circumstances
  • No matter if you have got a less-than-perfect credit history

If you’re on the lookout for an affordable Any Purpose Remortage, we're certain we can give you one of the most competitive quotes around. 

At optimise we enjoy a close relationship with many of the UK’s leading lenders. 

Which means we can offer you a range of products to suit any circumstances.

Whether you are looking to reduce your current rate, consolidate debt or looking to borrow extra money to carry out home improvements, we have the products to allow you to achieve your goal.

If you are looking to remortgage to allow you to purchase another property, a static caravan or to help your children get on the housing ladder, we will look for the cheapest option we have available for you.

Mortgages & Remortgaging

Whether you're buying your first home or looking to make the most of your current mortgage, understanding first charge mortgages and remortgaging can help you save money, gain flexibility, and improve your financial health. Here's a simple guide to how each works—and why they might benefit you.

 What is a First Charge Mortgage?

AFirst Charge Mortgage is the primary loan secured against a property. When you buy a home, this is usually the main mortgage you take out with a lender. The term "first charge" means the lender has the first legal claim on the property if repayments are not met.

Benefits of a First Charge Mortgage:

  • Get on the Property Ladder: A first charge mortgage allows individuals, especially first-time buyers, to purchase a home that they might not be able to afford upfront.
  • Build Equity: As you repay the mortgage and your property's value potentially increases, you build ownership and equity.
  • Fixed or Flexible Repayment Options: Choose between fixed rates (stable payments) or variable rates (potential for lower costs).
  • Long-Term Security: Having your own home offers stability and can be a valuable long-term investment.
  • Access to Government Support: Many first-time buyers can benefit from schemes like shared ownership.


What is a Remortgage?

A Remortgage is when you switch your existing mortgage to a new deal, either with your current lender or a new one. It usually involves paying off your current mortgage with a new mortgage agreement.

Main Benefits of Remortgaging:

  • Lower Interest Rates: Many people remortgage to take advantage of better rates and reduce monthly repayments.
  • Access Equity: If your property's value has increased, you can release some of that equity for home improvements, debt consolidation, or other major expenses.
  • Avoid Standard Variable Rates: When your initial deal ends, your lender may move you to a higher variable rate. Remortgaging helps you avoid this.
  • More Suitable Terms: You may want to change the length of your mortgage term, switch between fixed and variable rates, or add/remove borrowers.
  • Debt Consolidation: Some borrowers remortgage to combine existing debts into one manageable payment, often at a lower interest rate.


Ready to Talk Mortgages?

Whether you're stepping onto the property ladder or looking to make your mortgage work better for you, our expert advice can help you make informed decisions.

A shared ownership mortgage 

Is a type of home financing designed to help people get onto the property ladder when they can't afford to buy a home outright. It allows you to buy a portion of a property (usually between 10% and 75%) and pay rent on the remaining share, which is owned by a housing association or developer.
 

How Shared Ownership Works:

  • You buy a share (e.g. 25%) of a home with a mortgage.
  • You pay subsidized rent on the remaining (e.g. 75%) share to a housing association.
  • You can increase your share over time through a process called "staircasing" — potentially up to 100%.
     

Benefits of Shared Ownership:

Benefit

Description

Lower upfront costs

You only need a deposit for the share you're buying — not the full property value.

More affordable monthly payments

Mortgage + rent combined is often cheaper than full market rent or a full mortgage.

Helps first-time buyers

Especially useful in high-cost areas where full ownership isn't feasible.

Option to increase ownership

Staircasing allows you to gradually own more (and eventually all) of the home.

Security of tenure

As a part-owner, you have more stability than renting privately.



⚠️ Things to Be Aware Of:

  • You still pay rent on the part you don’t own.
  • Staircasing can be expensive, and you may need to pay fees and get a new valuation.
  • Selling can be more complicated — the housing provider usually has the first right to buy or find a buyer.
  • Not all properties are eligible; usually new-builds or specific resale homes.
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