Is Your Home Loan Still Working for You?
Many borrowers stay with the same lender for years without a loan review. Let us check whether a better deal is available.
Request a Call-Back
Many borrowers stay with the same lender for years without a loan review. Let us check whether a better deal is available.
Request a Call-BackRefinancing isn’t always the right move. We’ll talk you through exit fees, break costs on fixed loans and new application fees so you can decide with the full picture.
See how a different rate could change your repayments. This is an illustration only, not an offer or a quote, and it ignores fees and costs.
A good rule of thumb is at least once a year. It is also worth reviewing when your fixed rate is ending, your income or circumstances change, or you notice rates in the market moving. A review costs you nothing and we will tell you plainly if staying put is your best option.
Costs can include a discharge fee from your current lender, break costs if you are leaving a fixed rate, and sometimes application or valuation fees with the new lender. Some lenders offer cashback or fee waivers. We will add up the full costs against the possible benefits so you can decide with the whole picture.
If your home has grown in value or you have paid down your loan, you may be able to borrow against that equity, usually up to around 80% of the property value, depending on the lender. The lender will assess whether you can afford the higher repayments. It increases your debt, so it should be for a clear purpose such as renovations or an investment.
Not at all. Talking to a broker about your options has no impact on your credit score, and there is no obligation to proceed. If you decide to go ahead with an application, we use a “soft touch” credit report, so it won’t adversely affect your score. You get honest advice and a clear plan, with no risk to your credit file.