Bluebell Mortgages
  • First Time Buyer

    Bluebell Mortgages are expert mortgage brokers and have a detailed knowledge of mortgage lenders’ and first time buyer mortgages.

    Moving Home

    We can inform you of all the likely fees associated with a house move, identify your current position and calculate your likely required loan amount.


    If you already have a mortgage and your current deal is due to expire in the next 6 months, we can help find you the most effective deal for you.

    Buy To Let

    We have a vast experience of the Buy To Let market and are able to offer our clients detailed advice on the correct method of funding potential purchases.

    Shared Ownership

    An effective way for first time buyers to get on the property ladder, it can considerably reduce the amount needed for a deposit.

    Specialist Finance

    Bluebell Mortgages have specialist advisors who can assist you with your first or next commercial or self-build development.

    Older Borrower

    The days of retiring at 65 are disappearing fast, people are living longer and borrowers are getting older.


    This can range from Life Assurance to protect your mortgage or family, Critical Illness cover, Income Protection and General Insurance.

  • FAQ's

    We’ve collated our most frequently asked questions below, but if there’s a question on your mind that we haven’t covered, please get in touch.

    Success Stories

    We’re passionate about helping people get to where they want to be on the property ladder. Our customers share their stories of how we helped them.

    Knowledge Base

    Here we can share with you our many years of industry experience & knowledge so that you can feel confident and prepared for your mortgage journey.


    We regularly post about all things in the Mortgage world and other industry information. We also post about what's going on at Bluebell Mortgages.

Bluebell Blog & News

Rates Drop: Relief for Homeowners Renewing Mortgages in 2024

Request a call back

"*" indicates required fields

By clicking Send Request you are agreeing to the terms and conditions of our Website’s Privacy Policy and are consenting for us to contact you using these details.
This field is for validation purposes and should be left unchanged.

Homeowners may finally have reason to breathe easier in 2024. Over 50 mortgage lenders slashed rates at the start of the year1, sparking optimism for those with mortgages expiring this year. Two-year fixed rates now average just 5.62%, down from 5.93% previously. But the biggest news is sub-4% rates available to homeowners with substantial equity in their properties1

We understand many mortgages are set to expire in 2024. We want to provide information to help you secure the right deal given your situation. We’re here to assist you through each step of the process. We’ve put together a brief guide on getting “mortgage ready” to streamline the remortgaging process as much as possible. 

Why might I need a remortgage? 

One of the most common reasons for a remortgage is that the term granted on an initial mortgage deal is coming to an end. Most mortgages are granted on an initial two-year or five-year period, and once this expires, many lenders will put you onto their default Standard Variable Rate (SVR) which can mean that you end up paying more than you need to, as the interest rate is sometimes higher than can be sought elsewhere.  

For this reason, we’d advise that you get in touch with us, firstly, if you are in any doubt as to when your initial mortgage term expires, and secondly, for us to help you find a rate that may be more suitable for your own individual circumstances.  

This can involve either a full remortgage, finding a new product with a new lender, or we can help arrange a product transfer, which is where we can put you onto the most suitable mortgage product with your existing lender. Either way, we’d recommend that you come to us for bespoke, professional advice on the most appropriate deal that fits your exact circumstances, especially as there’s so much at stake.  

There are several things you can do to prepare for remortgaging in 2024: 

How to Get Remortgage Ready 

We recommend taking the following steps to help smooth the remortgage process: 

  • Plan Ahead – Contact us around 6 months before your current mortgage expires. This gives enough time to help find the most suitable new deal. We’ll remain in touch throughout to update you on next steps. 
  • Organise Finances – As when you first sought a mortgage, having tidy finances can help to boost the odds of acceptance. Check your credit score. Avoid new loans or credit cards. Major purchases can also hurt. Payday loans and overdrafts are especially damaging. Knowing your property’s estimated market value helps too – browse similar listings. 
  • Gather Documents – Like the initial mortgage, you’ll need paperwork to verify identity, address and income. Save time by having these ready. Include your last 3 bank statements and pay stubs, proof of bonuses, latest tax form P60, ID such as passport, and proof of address, such as utility bills for example. 
  • Self-Employed – Provide 3 years of income history. Showing future workload and revenue helps to aid your application. 

This should help to give you a good headstart on having the key documents and info you need ahead of a remortgage. We’re here to support you every step of the way, so if there’s any queries you have, just ask us and we’ll be happy to help. 

It’s not always easy to know what’s right for you and your circumstances, so that’s where the value of professional mortgage advice comes in. We’re here to listen to your exact situation and to recommend the products that we believe are the most appropriate for you based upon looking at a wide range of lenders and exclusive deals that aren’t available on the high street.  

If your mortgage deal expires this year, your lender will likely contact you about transferring to a new product. However, we recommend seeking our experienced, professional advice before accepting any offers. We want to help you find the option that serves your interests, not just the lender’s. We’re more than happy to arrange both product transfers and remortgages, but pride ourselves in listening to your exact situation before giving bespoke advice that’s tailored to you. 

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.


  1. This is Money (2024) Four more major banks cut mortgage rates – when will two-year fixes go below 4%?. Available at: (Accessed 18th Jan 2024)

All the information in this article is correct as of the publish date 25th January 2024. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Share This Post

More To Explore

Pocket Money – Budgeting for the Future

A Cambridge University study once found that a person’s financial habits were established by the age of just 7, so we look at some ways that could get kids off to a flying start

Act Fast to Secure Your Mortgage Rate

The process of buying a home or arranging a remortgage can feel stressful enough, but it’s being made more challenging by recent data that reveals the average shelf-life of a mortgage product has dropped from 28 days down to just 15 days1, making it more important than ever to act fast to help secure a deal that’s suitable for you.

How can we help?  Call us on 01473 213312