My current BTL mortgage fixes in 6 months. I want to release equity to refurbish another property. Should I product switch with my current lender or remortgage elsewhere? What are the pros and cons for speed and fees?
Quick Answer
Choosing between a BTL mortgage product switch or a remortgage involves weighing speed and fees against better rates and equity release. A product switch is faster, but a remortgage offers access to the wider market, potentially better rates (currently 5.0-6.5%), and capital raise options.
About This Topic
Compare BTL mortgage product switches vs remortgaging in late 2025. Evaluate speed, fees, rates (5.0-6.5%), and equity release to fund property refurbishments.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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