Review your mortgage before your fixed rate ends.
When your fixed rate ends, your mortgage normally moves onto the lender's Standard Variable Rate, which is usually higher and can cost you significantly more each year. It is worth reviewing your options before your current deal ends.
Why this actually matters.
The SVR is almost always significantly more expensive than a new deal elsewhere. Lenders count on inertia, the assumption that switching feels like a hassle so most people won't bother. We remove the hassle entirely.
The numbers in plain English
£250,000 mortgage on SVR at 7.25% = around £1,510 a month.
Same mortgage on a new 5.5% fixed deal = around £1,195 a month.
That's £315 a month, £3,780 a year, and £18,900 over five years.
A realistic example based on deals we arrange regularly. Your exact numbers will differ, but the principle is the same.
The remortgage timeline.
Start 5–6 months before your deal ends
You can usually lock in a new rate up to 6 months ahead of time. Starting early gives you real choice, and removes the deadline panic.
We review your whole situation
Current deal, property value, income, any changes since you last applied. A short conversation gives us everything we need.
We search 90+ lenders
Every lender on our panel. Product fees, early repayment charges, overpayment flexibility, and the headline rate, so you see the whole picture.
Application and completion
We handle the paperwork, liaise with solicitors where needed, and make sure everything completes before your old deal expires.
Common questions.
- Can I borrow more at the same time?
Yes. Home improvements, consolidating debts, whatever the reason. We look at your options honestly and flag any implications you should know about.
- What if I'm still in my fixed period?
There will usually be an early repayment charge. Sometimes paying it is still worth it, we do the maths and give you a clear answer.
- Can I change the mortgage term?
Yes. A shorter term saves interest overall. A longer term reduces monthly payments. We'll model both so you can choose with full information.
- What if my property has dropped in value?
Options narrow, but there are usually still options. We work with lenders who will do a sensible deal on reduced equity.
Worth doing before you apply
Lenders will check your credit file, so it pays to see what they'll see before you apply. Check My File pulls together data from all three agencies (Experian, Equifax, TransUnion) in one place. Any errors or unexpected entries are much easier to resolve with time on your side. Try it FREE for 7 days, then £16.99/month at the time of writing, cancel online any time.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Ready to switch?
Book a free chat and we'll work out what you could be saving, with clear figures.
★ 4.9 on Google · 120+ five-star reviews · Appointed Representative of Stonebridge