Your Refix Date is a Chance to Save Thousands
When your fixed-rate term ends, your loan typically rolls onto the lender’s standard variable rate, which is often much higher. This is the most critical time to review your mortgage.
A quick, no-obligation review with us can ensure you’re not paying more than you should be. We’ll negotiate with your current lender or find you a better deal elsewhere—all at no cost to you.
Why a Broker is Your Secret Weapon at Refix Time
Free Health Check
We Do The Legwork
Clear Recommendations
We Handle the Switch
How Our Refix Service Works
- We Negotiate For You: We have the relationships and knowledge to call your bank and negotiate a better rate on your behalf. Often, they will offer better rates to retain customers through a broker.
- Access to the Whole Market: We don’t just check your bank. We compare offers from over 30 lenders to ensure your current deal is truly competitive.
- It’s About More Than Just Rate: We advise on the best structure for the next stage of your mortgage journey. Should you fix, float, or split your loan?
- Zero Cost, Zero Obligation: Our service is completely free. The lender pays us a commission, so it costs you nothing to have an expert in your corner.
Refixing vs. Refinancing: What's Right for You?
This is a crucial decision we can help you with:
Refixing: Staying with your current lender but locking in a new interest rate for a set term. This is simple and has no associated costs.
Refinancing (Switching Lenders): Moving your mortgage to a new bank to access a better rate or a cash contribution. This can involve low or no legal costs due to cash contributions.
We’ll crunch the numbers to show you if a potential cash contribution from a new bank outweighs the benefits of staying put.
Questions? You’re Covered
Start the process 60 days before your fixed rate expires. This gives us ample time to negotiate and organise a switch if needed, ensuring a seamless transition with no gap on a high rate.
Often, it won’t. New banks typically offer a cash contribution to cover your legal and valuation fees for switching. We will always do a cost-benefit analysis to ensure switching saves you money overall.
Not necessarily. The initial offer is rarely the bank’s best offer. We regularly secure rates for our clients that are lower than the first offer sent directly from the bank.
Yes. We can calculate the break fee and analyse whether the savings from a new, lower rate would outweigh the cost of breaking your current term.
Contact Us
Ready to unlock your financial potential?
Have a mortgage or business loan question? Simply ask us with no obligation!
We’re here to listen and guide you. Whether you’re buying your first home, refining your investment strategy, or seeking business finance, our expert team is ready to provide personalised advice tailored to your goals.
Reach out today for a free, no-obligation consultation—let’s start the conversation about your success.
