You can remortgage your property by switching lenders, or by opting for a new mortgage with your existing mortgage provider.
If you remortgage with your current lender, the process may be quicker and simpler because they already have your personal details and may not require any further checks to be made.
If you only compare mortgages with your current lender, you could miss out on a much better deal with another lender.
If you choose to switch lenders, you can apply for a [mortgage in principle](/mortgages/mortgage-in-principle/) to see if they can lend to you, and then complete the mortgage application in full. Here’s [how to prepare for a mortgage application.](/mortgages/preparing-for-a-mortgage-application/)
Switching will involve paying for a valuation of your property and solicitor's fees, so you'll need to ensure you're saving more overall. Find out more in our [guide to switching mortgages.](/mortgages/guides/switching-mortgages/)