Building Society Remortgage Rates UK 2026: Compare Deals

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UK Residential Remortgage Comparison · September 2026

Building Society Remortgage Rates UK 2026: Compare Deals

Building society remortgage rates in 2026 are not one simple percentage. The deal you can actually get depends on your loan-to-value (LTV), mortgage balance, product fee, fixed or tracker period, property, income and whether you are moving to a new lender or simply switching products with your existing building society.

The useful comparison is therefore not “who has the lowest advertised rate?” It is which eligible deal gives you the lowest sensible total cost for the period you expect to keep it, after product fees, legal work, valuation incentives, cashback and any Early Repayment Charge on your existing mortgage.

Compare 2026 Rate Examples Remortgage or Product Transfer? Check the True Cost
Mortgage warning: your home may be repossessed if you do not keep up repayments on your mortgage. The rates below are dated examples used to explain the September 2026 market, not guaranteed quotations or personalised mortgage advice.

Meaningful editorial review: 27 September 2026. The Bank of England held Bank Rate at 3.75% on 17 September 2026. Mortgage pricing can still change independently and lenders can withdraw or replace products without waiting for a Bank Rate decision.

Building Society Remortgage Rates: Quick Answers

Bank Rate 3.75% following the Bank of England decision announced on 17 September 2026.
Lower-LTV fixed-rate examples Current and recently published building-society remortgage examples sit broadly in the high-4% to low-5% area at lower LTVs, depending on term and fee.
Higher LTV Rates generally increase as LTV rises. Nationwide currently allows qualifying remortgages up to 95% LTV, while lender and property criteria still apply.
Product fees £0 and roughly £999 fee structures are common. A lower rate with a fee is not automatically cheaper.
Legal help Some remortgage deals include fee-assisted or standard legal work, while other lenders offer cashback instead.
Existing customer alternative A product transfer can be faster and may avoid a new valuation, conveyancer and full affordability assessment for a simple like-for-like switch.
Start comparing early Begin several months before your current deal ends so you can compare a new lender against your existing lender’s switch offer without rushing.
Most important cost Compare the amount you will actually pay during the initial deal period, including product fees and switching costs—not the headline percentage alone.
Fast answer: for a lower-LTV remortgage in September 2026, several major building societies are showing or have recently published products around the high-4% to low-5% range. Your eligible rate can be materially different once LTV, fee option, deal length and borrowing requirements are applied.

Building Society Remortgage Rates: September 2026 Snapshot

These are useful dated examples from official lender ranges and recent lender pricing information. They are not a complete market table and should not be read as permanent offers.

Building society
Rate example
LTV
Fee
Context
Nationwide
4.79% five-year fixed
60%
£0
Published in Nationwide’s 18 August 2026 remortgage repricing. Dated example; check live range.
Nationwide
4.94% three-year fixed
60%
£0
Another August 2026 remortgage example useful for comparing term length.
Coventry BS
4.86% fixed to 28 Feb 2029
65%
£999
Current new-customer residential remortgage example checked in September 2026.
Coventry BS
5.11% fixed to 28 Feb 2029
65%
£0
Fee-free alternative showing why the lowest headline rate may not be the cheapest total deal.
Leeds BS
5.04% two-year fixed
90%
£999
Legal-assisted remortgage product in the Leeds range checked in September 2026.
Leeds BS
5.20% two-year fixed
90%
£0
Fee-free legal-assisted alternative at the same published LTV.
Skipton BS
4.25% two-year tracker
Check live product
£995
Variable at Bank Rate + 0.50%; current product states no ERC, valuation included subject to criteria and fee-assisted conveyancing for remortgages.
Yorkshire BS
Live finder
Up to 95%
Varies
YBS directs remortgagers to its live rate finder rather than one permanent headline rate.
Do not rank lenders from this table. A 60% LTV deal cannot be compared fairly with a 90% LTV mortgage, and a tracker rate is not equivalent to a fixed rate. The table shows the shape of the September 2026 market, not a personalised shortlist.

Why UK Remortgage Rates Look Like This in 2026

The Bank of England kept Bank Rate at 3.75% in September 2026. That matters most directly to tracker mortgages, but fixed mortgage rates do not simply equal Bank Rate plus a fixed margin.

Fixed-rate pricing also reflects lenders’ funding costs, swap markets, expected future interest rates, competition, risk and how aggressively a building society wants to lend in a particular LTV band.

Bank Rate Currently 3.75%, with the next scheduled Bank of England decision due on 5 November 2026.
Fixed mortgages Can rise even when Bank Rate is unchanged if wholesale funding expectations become more expensive.
Tracker mortgages Usually move according to the Bank of England rate plus the lender’s stated margin.
SVR A lender-managed variable rate. It does not necessarily move by the same amount or on the same date as Bank Rate.

Official Bank RateBank of England Interest Rate Decision

After opening this link:

  1. Check the current Bank Rate shown at the top of the page.
  2. Note the date of the latest Monetary Policy Committee decision.
  3. Check the next scheduled decision date if you are considering a tracker.
  4. Do not assume a future Bank Rate move guarantees the same change in fixed mortgage pricing.

Remortgage to a New Lender or Take a Product Transfer?

This is the comparison many borrowers skip. A remortgage moves your mortgage to another lender. A product transfer keeps the mortgage with your current lender but moves it onto a new rate or product.

Remortgage to another lender

  • Gives access to other lenders’ rates and criteria.
  • Can be useful if your home’s value has improved your LTV.
  • Can make sense when borrowing more or changing mortgage structure.
  • Normally involves a new application and affordability assessment.
  • May require valuation and legal work.
  • Can involve exit, legal, valuation or product fees.

Product transfer with current lender

  • Often faster and administratively simpler.
  • Usually avoids conveyancing for a straightforward switch.
  • May not require a new valuation.
  • A simple like-for-like switch may not need a fresh affordability assessment.
  • You are limited to your existing lender’s range.
  • The rate may still be more expensive than another lender after costs are compared.
Best comparison: ask your existing lender what product-transfer rates you can secure, then compare those deals with remortgage products from other lenders using the same mortgage balance, LTV and deal period.

Independent guidanceMoneyHelper Remortgaging Guidance

After opening this link:

  1. Check why you are considering a remortgage.
  2. Review fees on the new deal.
  3. Check any Early Repayment Charge on your existing mortgage.
  4. Compare your current lender’s product-transfer options.
  5. Consider whether the saving is large enough to justify changing lender.

Nationwide Remortgage Rates and Incentives

Up to 95% LTV

Nationwide is useful to compare across both lower and higher LTV bands. Its current remortgage guidance states that qualifying borrowers can remortgage up to 95% LTV where they are not increasing the borrowing, do not have secured debts and are not still repaying a second-charge mortgage.

If those additional-borrowing or secured-debt conditions apply, Nationwide currently states a maximum remortgage LTV of 90%, subject to affordability and eligibility.

4.79% Five-year fixed remortgage example at 60% LTV with no fee in Nationwide’s August 2026 repricing.
4.94% Three-year fixed remortgage example at 60% LTV with no fee in the same repricing.
95% LTV Potential maximum for qualifying like-for-like remortgages under Nationwide’s stated conditions.
£500 Current cashback option when remortgaging to Nationwide, offered instead of free standard legal fees where terms apply.
Existing Nationwide borrower? Check Nationwide’s separate switcher range before applying to another lender. Nationwide currently states that its switcher rates are the same as or lower than equivalent remortgage products offered to borrowers moving to Nationwide.

Official NationwideRemortgage to Nationwide

After opening this link:

  1. Enter or estimate your current mortgage balance.
  2. Check the realistic current value of your property.
  3. Calculate your approximate LTV.
  4. Open Nationwide’s live remortgage rates for that LTV.
  5. Compare the £500 cashback option with the free standard legal-fee option.
  6. Check your current lender’s ERC before choosing a completion date.

Coventry Building Society Remortgage Rates

Fee & fee-free choices

Coventry’s current range is useful for seeing the classic remortgage trade-off between paying a product fee for a lower initial rate and choosing a higher fee-free rate.

65% LTV example 4.86% fixed to 28 February 2029 with a £999 product fee in the current range checked.
65% fee-free example 5.11% fixed to 28 February 2029 with no product fee.
75% LTV examples Current range contains several fixed options with both £999 and £0 fee structures.
90% LTV Coventry’s live range also contains higher-LTV remortgage products, with higher pricing than the lower-LTV examples.

Coventry remortgage products can offer its Remortgage Transfer Service, while selected products can provide cashback as an alternative. Read the individual deal because the transfer-service or cashback choice is product-specific.

Official CoventryCoventry Building Society Remortgage Deals

After opening this link:

  1. Enter the property value and mortgage amount to calculate your LTV.
  2. Filter the products by fixed or variable rate and deal length.
  3. Compare the £999-fee option with the closest fee-free alternative.
  4. Check APRC, ERCs and the rate that applies after the fixed period.
  5. Check whether your chosen product uses the Remortgage Transfer Service or provides cashback.
  6. Re-check the product immediately before applying because rates can change quickly.
Existing Coventry borrower: Coventry says existing customers considering a straightforward product transfer can normally secure a new product up to four months before the current deal ends. Existing-member products should be compared separately from new-customer remortgage products.

Leeds Building Society Remortgage Rates

Legal-assisted range

Leeds Building Society offers fixed-rate mortgages for people remortgaging from another lender, including legal-assisted products designed to reduce some of the administration cost of moving the mortgage.

5.04% Legal-assisted two-year fixed example at 90% LTV with a £999 product fee in the September range checked.
5.20% Fee-free legal-assisted two-year fixed example at 90% LTV.
7.74% Current Leeds SVR referenced by its September 2026 mortgage product pages.
£35 Funds-transfer fee shown in current representative examples; other charges depend on the product.
Do not compare 5.04% with 5.20% on rate alone. The £999 product fee changes the true cost. On a smaller balance, a fee-free deal can outperform a lower-rate fee product over a short fixed period.

Official Leeds BSLeeds Building Society Fixed Remortgage Rates

After opening this link:

  1. Look for products available to remortgagers rather than home-mover-only products.
  2. Choose the LTV band matching your mortgage balance and current property value.
  3. Compare the product-fee and fee-free versions.
  4. Check whether legal assistance applies to the product.
  5. Read the ERC schedule and mortgage-exit fee before applying.

Skipton Building Society: Fixed and Tracker Remortgage Options

Tracker flexibility

Skipton’s live mortgage finder covers purchases, remortgages and existing-customer switches. One feature worth checking in the current range is its tracker selection because some products have no Early Repayment Charge.

Tracker example 4.25% variable for two years, currently Bank Rate + 0.50%, with a £995 product fee.
No ERC The current 4.25% tracker example states that no Early Repayment Charge applies.
Valuation Current product details state no charge for the mortgage valuation, subject to criteria.
Conveyancing Fee-assisted conveyancing is included for remortgages on the current tracker example.
Tracker risk: your payment can rise if Bank Rate rises. The Bank of England held Bank Rate at 3.75% in September 2026, but future decisions are uncertain. Check whether your household could absorb a higher monthly payment.

Official SkiptonSkipton Mortgage Finder

After opening this link:

  1. Select the remortgage route.
  2. Enter your property value and mortgage requirement.
  3. Compare fixed and tracker products separately.
  4. Check the product fee, APRC and Early Repayment Charge.
  5. For tracker products, check the Bank Rate margin and any minimum-rate floor.
  6. Confirm valuation and fee-assisted conveyancing benefits on the exact deal selected.

Yorkshire Building Society Remortgage Deals

Up to 95% LTV

Yorkshire Building Society directs new remortgage customers through its live mortgage-rate finder. Its published remortgage guidance currently states that qualifying remortgages can reach up to 95% LTV, subject to criteria.

Maximum remortgage LTV Up to 95% under current YBS remortgage criteria.
Deal types YBS offers fixed, tracker, offset and eligible interest-only mortgage options.
Decision in Principle YBS currently says an eligible online DIP can provide an instant decision and remain valid for 90 days.
Existing borrowers YBS currently contacts customers about switching around 120 days before an existing product ends.
Useful YBS feature: its mortgage range includes offset mortgages. An offset can be worth comparing if you hold substantial accessible savings, although the mortgage rate may be higher than a non-offset alternative.

Official YBSRemortgage to Yorkshire Building Society

After opening this link:

  1. Open the YBS mortgage-rate finder.
  2. Select remortgaging rather than home moving or first-time buying.
  3. Enter the current property value and amount you need.
  4. Compare fixed, tracker and offset routes where appropriate.
  5. Check product fees, valuation arrangements, legal costs and ERCs.
  6. Complete a Decision in Principle when you are ready to test eligibility.

Why Your Loan-to-Value Can Change the Remortgage Rate

LTV is the mortgage balance as a percentage of your property’s current value. Lower LTV generally means less risk for the lender and can unlock a wider or cheaper mortgage range.

Home value
Mortgage
Approx. LTV
Equity
What to check
£300,000
£180,000
60%
£120,000
Often gives access to lower-LTV pricing bands.
£300,000
£225,000
75%
£75,000
Common mainstream remortgage band with broad lender choice.
£300,000
£255,000
85%
£45,000
Rates may be higher and criteria tighter than at 60%–75% LTV.
£300,000
£270,000
90%
£30,000
Compare higher-LTV specialist and mainstream ranges carefully.
House value increased? If your mortgage balance has fallen while your property value has risen, you may now sit in a lower LTV band than when you took the mortgage. That can materially improve the products available.

Compare the True Remortgage Cost, Not Just the Rate

A lower rate can lose its advantage once a product fee is included. MoneyHelper gives the same basic warning: arrangement fees, ERCs and administration costs can change which remortgage actually saves money.

Initial mortgage rate.
Product or arrangement fee.
Whether the fee is paid upfront or added to the mortgage.
Monthly payment during the initial deal.
Early Repayment Charge on the current mortgage.
Current lender exit or account fee.
Legal or conveyancing cost.
Valuation fee.
Cashback or free-legals incentive.
Rate after the initial deal ends.
Overpayment allowance.
ERCs on the new mortgage.
Product-fee example: suppose one mortgage costs £999 upfront but has a lower rate. Divide the expected interest saving over the deal period by that fee and other switching costs. If the saving does not comfortably exceed the extra costs, the apparently lower rate may be poor value.
Adding the product fee to the loan is not free. If a £999 fee is added to the mortgage balance, you will normally pay mortgage interest on that £999 as well.

When Should You Start Looking for a Remortgage?

Do not wait for your current fixed deal to expire before looking. Existing lenders commonly open their switch windows several months before the current product ends, giving you time to compare staying versus moving.

  1. About 6 months before expiry: check your current mortgage balance, deal end date and ERC schedule.
  2. Estimate your property value: use recent comparable sales as a starting point, knowing the new lender will apply its own valuation.
  3. Calculate LTV: divide the mortgage balance by the property value and multiply by 100.
  4. Check your current lender: find out when its product-transfer window opens.
  5. Compare external remortgages: use the same balance, LTV, term and fixed period.
  6. Check costs: especially ERC, product fee, legal work and valuation.
  7. Secure a deal when appropriate: make sure the mortgage offer will remain valid until your intended completion.
  8. Keep checking: some lenders allow you to move to a lower equivalent rate before completion or before a new switch starts, but the rules differ.
Completing too early can be expensive. If the current mortgage still has an ERC, completing the remortgage before the ERC-free date can wipe out months or years of expected savings.

Remortgaging to Borrow More

Some homeowners remortgage not just to change rate but to raise additional money for home improvements or another purpose. That changes the calculation because your LTV rises and the lender must assess the larger mortgage.

Home improvements Common reason for capital raising, but compare mortgage interest over the full term with shorter-term borrowing alternatives.
Debt consolidation Think very carefully before securing unsecured debt against your home. A lower monthly payment can still mean paying the debt for much longer.
Higher LTV Taking additional money can push you into a more expensive LTV band.
Affordability A new lender will assess income, expenditure, credit commitments and the larger requested mortgage.
Think carefully before securing other debts against your home. Turning short-term unsecured borrowing into long-term mortgage debt can increase the total interest paid and puts the debt against your property.

Interest-Only Remortgages Need an Extra Check

If your current mortgage is interest only, a new lender will normally check the repayment strategy intended to clear the capital at the end of the term.

This can make remortgaging more complicated than a straightforward repayment mortgage. Your current lender may have a product-transfer route that avoids some new-lender affordability hurdles when the borrowing is not increased, but product and regulatory conditions still matter.

Check the remaining mortgage capital.
Review the repayment vehicle or repayment plan.
Check whether the expected value is still sufficient.
Ask whether part-repayment / part-interest-only is appropriate.
Check age and maximum-term criteria.
Compare an existing-lender switch with a full new-lender remortgage.

Common Remortgage Mistakes in 2026

Choosing the lowest percentage A lower rate with a large product fee can cost more than a fee-free alternative.
Ignoring your product transfer Your existing lender may offer a competitive switch with less administration and lower switching costs.
Using an old property value A higher current value could put you into a better LTV band; a lower value could do the opposite.
Forgetting the ERC An Early Repayment Charge can make an otherwise attractive remortgage uneconomic.
Waiting for the SVR Do not assume you must let your old deal expire before arranging the replacement mortgage.
Extending the term without noticing A longer term can reduce the monthly payment while increasing total interest substantially.
Assuming cashback is free money A cashback deal can still cost more than a lower-rate or lower-fee alternative.
Ignoring future plans If you may move soon, a long fixed deal with large ERCs can reduce flexibility.

Two-Year Fix, Five-Year Fix or Tracker?

Two-year fixed Shorter certainty and an earlier chance to reprice, but you could face another remortgage fee and affordability process relatively soon.
Five-year fixed Longer payment certainty and fewer near-term refinancing decisions, but larger or longer ERC exposure can matter if your plans change.
Tracker Payment can fall if Bank Rate falls and rise if Bank Rate increases. Some trackers offer useful ERC flexibility.
Offset Can suit borrowers with substantial savings, but compare the higher mortgage rate with the interest saving generated by the offset balance.
No deal type is automatically better. The sensible choice depends on how long you expect to stay, how much payment certainty matters, your expectation of future flexibility and the cost difference between the actual products available to you.

Practical Remortgage Checklist

Current mortgage balance.
Current property value.
Current LTV.
Existing deal end date.
Current ERC.
Current reversion rate / SVR.
Desired new fixed or tracker period.
Product fee.
Legal-service arrangement.
Valuation cost.
Cashback.
New ERC schedule.
Overpayment allowance.
Remaining mortgage term.
Income and expenditure evidence.
Plans to move, borrow more or repay early.

Official Remortgage Resources Used for This Guide

Bank of England Bank Rate MoneyHelper Remortgaging Guide Nationwide Remortgage Coventry Remortgage Rates Leeds Fixed Mortgage Rates Skipton Mortgage Finder YBS Remortgage YBS Existing-Customer Switch Coventry Product Transfer Guide

How This 2026 Remortgage Comparison Was Checked

Mortgage pricing changes too quickly for a static article to act as a permanent rate sheet. For that reason, this guide combines dated rate examples with live official comparison routes and focuses heavily on the costs and criteria that decide whether a deal is actually useful.

September 2026 Bank Rate checked.
Nationwide remortgage route and LTV rules checked.
Nationwide August 2026 rate examples checked.
Coventry live residential remortgage range reviewed.
Coventry fee and fee-free examples compared.
Leeds legal-assisted remortgage products reviewed.
Skipton live tracker features reviewed.
YBS remortgage route and switch process checked.
Product transfer versus remortgage guidance reviewed.
Fees, ERCs and legal-cost guidance cross-checked with MoneyHelper.
Live-rate warnings added throughout.
Published internal Building-Society.org mortgage guides linked contextually.

Review date: 27 September 2026. Always re-check the lender’s live mortgage finder immediately before applying because product rates and criteria can change without notice.

Independent Mortgage Information Notice

Building-society.org is an independent information website. It is not Nationwide Building Society, Coventry Building Society, Leeds Building Society, Skipton Building Society, Yorkshire Building Society, the Bank of England, MoneyHelper or a mortgage broker.

This guide does not assess your individual affordability, credit profile, property or future plans and does not provide a personalised recommendation for a regulated mortgage contract.

Verify before applying: check the live interest rate, APRC, product fee, LTV, valuation arrangement, legal-service terms, cashback, ERC schedule, overpayment limits and reversion rate on the lender’s official product page. Your home may be repossessed if you do not keep up repayments on your mortgage.

Building Society Remortgage Rates FAQs

1. What are building society remortgage rates in the UK in 2026?

There is no single building society remortgage rate. In September 2026, lower-LTV fixed-rate examples from major building societies are broadly around the high-4% to low-5% range, while higher-LTV borrowing can cost more. Rates vary by LTV, fixed period, product fee, mortgage size and lender criteria.

2. Which building society has the lowest remortgage rate?

The lowest advertised rate changes frequently and is not necessarily the cheapest deal for your mortgage. A lower rate might require a lower LTV, a large product fee or other restrictions. Compare only the products for which you are eligible and include all fees and incentives.

3. What is the Bank of England Bank Rate in September 2026?

The Bank of England held Bank Rate at 3.75% at the Monetary Policy Committee decision announced on 17 September 2026. The next scheduled decision is 5 November 2026.

4. Is a product transfer cheaper than remortgaging?

It can be. Product transfers often avoid legal work, valuation costs and a full new application for a simple like-for-like switch. However, another lender may offer a lower overall mortgage cost. Compare your existing lender’s switch offer with external remortgage deals.

5. How early should I start looking for a remortgage?

Start several months before your current deal ends. This gives time to check your ERC, property value, LTV and existing-lender switch options, then compare new lenders without automatically falling onto a higher reversion rate.

6. Is a fee-free remortgage better than a mortgage with a £999 fee?

Not automatically. Fee-free deals often have a higher interest rate. The right comparison depends on mortgage balance and how long you keep the deal. Calculate payments and interest over the initial deal period, then include the product fee and any cashback or other incentive.

7. Can I remortgage at 90% or 95% LTV?

Yes, some building societies offer higher-LTV remortgages. Nationwide currently states that qualifying remortgages can reach 95% LTV under specified conditions, and Yorkshire Building Society also publishes remortgage availability up to 95% LTV subject to criteria. Rates and eligibility can be more restrictive at higher LTVs.

8. Do building societies offer free legal work for remortgages?

Some do. Nationwide currently gives qualifying remortgagers a choice between £500 cashback and free standard legal fees, while Skipton and Leeds have products offering fee-assisted legal or conveyancing services. Always check the exact scope and exclusions before assuming all legal work is covered.

9. Should I choose a two-year or five-year fixed remortgage?

A two-year fix provides a shorter commitment and earlier opportunity to refinance, while a five-year fix gives longer payment certainty and avoids another near-term remortgage. Compare rates, product fees and ERCs alongside your likelihood of moving or repaying early.

10. Can I remortgage if I want to borrow more money?

Potentially, subject to affordability, credit and LTV rules. Additional borrowing increases your mortgage balance and can move you into a higher LTV band. Think particularly carefully before using a mortgage to consolidate unsecured debt because the borrowing becomes secured against your home.

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