Maximising your Remortgage
A Strategic Remortgage for Bristol Professionals
Your home may be repossessed if you do not keep up repayments on your mortgage.
A fee of up to £495 per mortgage may be charged depending on individual circumstances.
The information contained within was correct at the time of publication but is subject to change.
12th February 2026
It is always a pleasure when clients return to me for their remortgage. I first helped Mark and Charlotte purchase their beautiful Victorian terrace in a prestigious part of Bristol back in 2021. Now, with second 2 year fixed rate is coming to an end, they returned to explore their options for the future.
Their situation highlights a powerful strategy for high earning professionals, using a remortgage as a pivotal moment to reduce the mortgage and secure the very best terms the market has to offer.
The Power of the Overpayment
Mark and Charlotte have both seen significant career progression over the last few years. This success allowed them to accumulate a substantial amount of savings, which they wanted to use to reduce their mortgage balance.
By making a large overpayment at the point of remortgaging, they were able to bring their Loan to Value (LTV) down to below 60%. This is a crucial threshold in the mortgage world. Once you reach an LTV of 60% or lower, you gain access to the most competitive, market leading rates available. For Mark and Charlotte, this resulted in a significantly lower monthly payment, which in turn allows them to divert even more money into their family savings each month.
Navigating Partnership Income
One of the complexities we addressed was Mark’s income structure. As a partner at a legal firm, his income is not as straightforward as a standard monthly payslip. Lenders often require a deeper understanding of profit shares and drawdown payments.
To ensure a stress free application, we worked closely with the firms accountant to secure a formal letter outlining his expected profit share. Because we provided the right documentation at the start, the lender was able to view his income with total confidence. This is a vital part of the service I provide for professionals, I know exactly what lenders need to see to understand complex income streams, which prevents delays and unnecessary questions.
Flexibility for the Future
While many families opt for long term security, Mark and Charlotte chose a two year fixed rate. As their careers are still on an upward trajectory, they value the flexibility to review their circumstances again in the near future.
They wanted a product that provided budget certainty today but would not tie them in for too long. Crucially, I ensured their new mortgage included a 10% annual overpayment facility. This gives them the option to continue reducing their balance during the fixed term if they receive further bonuses or profit shares, without incurring any penalties.
A Seamless Result
By starting the process early, we ensured there was no rush or pressure. Mark and Charlotte have successfully secured a market leading rate, their monthly outgoings are lower, and they have the peace of mind that their mortgage is fixed for the next two years.
Are you a partner at a professional firm?
If you are a partner at a legal or accounting firm, or perhaps a senior medical professional, you may find that standard mortgage assessments do not always reflect your true financial position. I specialise in helping clients with complex income structures to demonstrate their earnings effectively to lenders.
Whether you are looking to make a significant overpayment to reduce your monthly costs or simply want to ensure you are accessing the best rates for your LTV, I am here to help. Please get in touch to discuss your remortgage options.