In order to be eligible, you'll need to have employed or self-employed income - unfortunately we can't help those on benefits. 

This really depends on whether you’re staying with the same lender or changing. If you are staying with the same lender four to six weeks is typical, for a new lender eight to twelve weeks is more likely. 

Your credit history needs to be as clean as possible before applying to remortgage. Your credit score will affect your chances of getting the best rates. Lenders like to know you are good with your money and can afford to make the repayments. If your credit history isn’t spotless, don’t give up. Friends Capital help customers with bad credit every day. There’s bad credit, and there is really bad credit – most people aren’t as bad as they think. 

No. The equity you have in your property essentially acts as a deposit. Equity is the percentage of the home you own yourself. You can, however, add any additional money you have saved when you remortgage to get a smaller mortgage.

It depends on your circumstances when considering whether it’s better to remortgage or get a personal loan. The equity in your property will be a significant factor and how long you want to borrow the money for. Mortgages tend to be longer-term but aren’t as flexible as personal loans.

If you do a full remortgage, you’ll refinance your entire mortgage either with your existing lender or a new one. A remortgage can be as simple as keeping the same loan size but moving to a new deal, or you can take on extra borrowing, releasing the equity in your home. Don’t forget releasing money when remortgaging is increasing the size of your loan and often the repayment time.