Can I Remortgage If My Property Has Increased in Value?

If your home is now worth more than when you originally bought it, this could present a valuable opportunity when it comes to remortgaging. A rise in property value may reduce your loan-to-value ratio, open the door to more competitive mortgage deals, or allow you to release equity for other financial needs.

At Liverpoolmoneyman, we regularly support homeowners who want to make the most of their changing circumstances. Whether you’re coming to the end of your current deal or looking to borrow more, we’ll help you understand how your property’s value could influence your remortgage options.

Why Property Value Matters When Remortgaging

Lenders use your loan-to-value (LTV) ratio to assess risk and determine which products you qualify for. The LTV represents the percentage of your home’s value that is financed through your mortgage. The lower the LTV, the more favourable the rates tend to be.

If your mortgage balance has decreased and your property’s value has increased, your LTV may now fall into a better pricing tier. This could give you access to lower interest rates or a broader choice of remortgage products.

We often work with customers who originally bought with a 10% deposit and now find themselves sitting on 20% or even 25% equity due to property growth and regular repayments. These changes can have a meaningful impact on the affordability and flexibility of your next mortgage deal.

Does a higher valuation guarantee better rates?

Not always. While a lower LTV generally improves your position, lenders still assess a wide range of factors. Your credit history, employment status, income stability, and outgoings all contribute to the final decision. A strong valuation helps, but it must be supported by a well-rounded application.

We’ll review your full profile before making any recommendations. If anything stands in the way, such as recent missed payments or changes in income, we’ll flag this early and explain your options. Our goal is always to secure the most suitable outcome available to you, based on both your financial picture and what’s achievable in the current market.

Can I release equity if my home has grown in value?

In many cases, yes. If your property is worth significantly more than your outstanding mortgage balance, you may be able to release a portion of that equity when you remortgage.

This is a common route for homeowners looking to fund larger projects, such as property improvements, debt consolidation, or helping a family member with a deposit. Accessing equity in this way can be more cost-effective than taking out a personal loan, particularly when spread over the remaining mortgage term.

We’ll assess how much equity might be available and explain how borrowing more would affect your monthly payments and the total cost of your mortgage over time. Equity release through remortgaging can be useful, but it’s important to take a measured view before committing to a higher loan amount.

What If I’ve made improvements to my property?

If you’ve extended, renovated, or upgraded your home since you bought it, home improvements may increase the current valuation. Lenders often recognise the added value that structural changes bring, especially when they increase the property’s square footage or quality.

We’ll help prepare your case with supporting details that reflect the work carried out. In some instances, this can result in a significantly higher property assessment, which in turn improves your remortgage position. It’s important to present this information clearly so that the valuation reflects the true condition and features of your home.

Will the Lender revalue my property?

Yes. As part of the remortgage process, lenders will reassess the value of your home. This is usually done using a desktop valuation, based on market data and recent sales of comparable properties. In some situations, such as where the property is unique or has undergone major renovation, a physical inspection may be required.

We’ll explain what type of valuation your lender is likely to carry out and whether any preparation is needed. If your property has grown in value, our advisors will help you position your application to reflect that uplift in the most favourable light.

Date Last Edited: November 3, 2025