A: In most cases, the simple answer is yes. However, it’s not necessarily that simple.

Whilst most lenders will off you what’s called a Product Transfer, to switch to a new rate at the end of your current deal, there time limits on when you can apply for this.

Some lenders will let you secure a new rate 6 months before your current deal ends but the majority of them will only allow it if you are within 3-4 months of your existing rate finishing.

This means you could have to wait several months longer to secure a rate with your current lender compared to remortgaging to a new lender.