Save thousands on your mortgage with expert local advice from Lincolnshire's trusted family broker
If you’re sitting on your lender’s standard variable rate (SVR), you could be paying significantly more than necessary. Current SVRs can be as high as nearly 10%, while the best remortgage rates start from 3.71%.
With 1.8 million fixed-rate deals ending this year, remortgaging activity has surged 34% in early 2025. Many Sleaford homeowners who fixed their rates in 2020 or 2022 are now facing the reality of higher payments – but that doesn’t mean accepting the first offer from your current lender.
According to FCA data, remortgages accounted for 21.3% of all mortgage lending in Q1 2025. Whether you’re looking to reduce monthly payments, release equity for home improvements, or consolidate debts, we search the whole market to find the remortgage deal that works for your situation.
From our Carre Street office, we’ve been guiding Lincolnshire families through remortgaging since 2017. We know which lenders offer the best rates for local properties, who’s flexible with self-employed income, and how to navigate the specific challenges of remortgaging period properties common in market towns like ours.
Dedicated to providing trusted advice, we believe financing your home should be exciting and stress-free. Here’s just some of the lenders we work with;
We access the whole of the mortgage market to find the best mortgage to suit your needs.
Remortgaging doesn’t have to be complicated. We’ve refined our approach over years of helping Lincolnshire homeowners, creating a straightforward process that takes the stress out of switching deals. From your first enquiry to completion day, we handle the heavy lifting while keeping you informed every step of the way.
We start by understanding your current mortgage, checking for early repayment charges, and calculating how much you could save.
Once you've chosen your new deal, we handle the entire application. We'll order valuations, liaise with solicitors, and chase lenders so you don't have to.
We coordinate with all parties to ensure your new mortgage starts the day after your old one ends - no expensive gaps on standard variable rates.
The remortgage landscape varies significantly across Lincolnshire. With average county prices at £237,072, there’s considerable variation between areas – from Lincoln at £203,551 to South Kesteven at £298,607.
Here’s what we’re seeing across the county:
Whether you’re in Stamford’s stone belt, Boston’s fenlands, or Newark’s borders with Nottinghamshire, each area brings unique considerations. New build estates in North Hykeham, Skellingthorpe, and Cherry Willingham often qualify for better rates, while period properties in conservation areas need sympathetic lenders.
We regularly help clients from Wragby to Collingham, Branston to Bracebridge Heath, ensuring everyone gets advice tailored to their local market conditions.
Spolton Mortgages is a family mortgage broker founded by Nick and Kasia Spolton.
From our office in Sleaford, we provide mortgage and mortgage protection advice.
Well-known, and respected for providing trusted advice, we started by helping people find mortgages in Lincoln, Sleaford, and throughout Lincolnshire. Now we find ourselves helping people across the whole of the UK.
When remortgaging your Lincolnshire home, it’s important to understand your options and rights. We’ve gathered trusted resources from government bodies, regulators and consumer champions to help you make informed decisions about your remortgage:
Start checking your options 6 months before your current deal ends. This gives you time to secure the best rate and most lenders will hold an offer for up to 6 months. Don't wait until the last minute - we've seen Sleaford homeowners save £200+ per month by switching early rather than rolling onto their lender's SVR (which can be as high as 8-9%).
Typical remortgage costs include: valuation fee (£150-£500), legal fees (£500-£1,500 though many lenders offer free legals), our broker fee (£299 on completion), and any early repayment charge on your current mortgage. For a standard remortgage in Sleaford without complications, budget around £800-£1,200 total. We'll calculate exact costs upfront so there's no surprises.
Yes, though your options depend on the severity and recency of credit issues. We work with specialist lenders who consider County Court Judgements, missed payments, and even past bankruptcies. The key is matching you with the right lender - mainstream banks might say no, but we know which building societies and specialist lenders take a more personal approach to Lincolnshire borrowers.
With Sleaford prices down 2.2% recently, some homeowners worry about negative equity. First, we'll arrange an accurate valuation - online estimates often undervalue local properties. If your loan-to-value has increased, we can still find competitive deals, though the very best rates typically need 60% LTV or better. In extreme cases, some lenders offer negative equity mortgages. We'll be honest about your options.