Mortgage Renewal
Your mortgage maturity date is the perfect opportunity to reassess your mortgage and potentially save thousands. Don't just sign the renewal letter – let us help you find a better deal.
Benefits
Why choose this option?
Our Process
How it works
Review Your Current Mortgage
We examine your current mortgage terms, remaining balance, and understand your financial goals going forward.
Compare Options
We shop your renewal to multiple lenders, including your current one, to find the best rate and terms available.
Present Your Options
We present you with clear comparisons showing the costs and benefits of staying versus switching, so you can make an informed decision.
Execute the Renewal
Whether you stay or switch, we handle all the paperwork and coordinate with solicitors if needed to complete your renewal seamlessly.
FAQ
Common Questions
When should I start the renewal process?
We recommend starting 4-6 months before your maturity date. This gives you time to shop around and lock in a good rate while still having your current rate as a backup.
Is there a cost to switch lenders?
In many cases, the new lender will cover the legal and appraisal costs for a switch. However, if you're increasing your mortgage amount or have a collateral charge, there may be some fees involved.
Should I just accept my lender's renewal offer?
We strongly recommend shopping around. Lenders often send renewal offers at posted rates, which are typically higher than what you can negotiate. We've helped clients save thousands simply by comparing options.
Can I change my mortgage terms at renewal?
Absolutely! Renewal is a great time to change your term length, switch between fixed and variable rates, adjust your payment frequency, or consolidate other debts.
Ready to get started?
Our team is here to help you every step of the way. Apply online or contact us for a free consultation.