Find out how much your house is worth

You can find out the value of your home online using our free property reports. Simply log into your Tembo account (or create one for free if you haven't got one already) and select reports. Then enter your address to generate your free report and see the value of your home instantly, along with additional insights from over 200 property data points.

It's impossible to know how much your home will be worth in 5 years' time, or even by next year. House prices generally go up each year, but over 2024 they are expected to stay pretty static as the market adjusts to higher mortgage rates. Using our free homebuyer reports, you can see what your home is currently worth, as well as what other properties nearby have sold for.

Providing that you meet eligibility criteria, you could remortgage to cover the cover the cost of home improvements. You would then pay this money back as part of your mortgage, as well as interest.

As a general rule, you can start the process of remortgaging up to 6 months before your existing mortgage deal comes to an end. If you don't find a better deal by the end of your current product term, you may be put onto your lender's standard variable rate (SVR), which can make your monthly repayments considerably higher.

How long it takes to remortgage depends how quickly you can receive a new mortgage offer from a lender and if there are any delays in the process. Working with a mortgage broker like Tembo can help speed things along, as your dedicated advisor will do a lot of the admin work for you. On average, it takes our remortgage customers 12 days to receive a new mortgage offer and 29 days for their new mortgage deal to be submitted.