Many homeowners set up their mortgage and then don’t think much about it again, until the day their deal ends. But reviewing your mortgage before that deadline arrives is one of the most important financial steps you can take. At Broadbench, we help our clients stay ahead of the curve so they can secure the best possible outcome for their circumstances.
And it’s not just us saying this, Broadbench is rated 5 stars for client reviews, reflecting the care, expertise, and long-term support we give every client.
Here’s why acting early matters.
1. Avoid Sliding onto the Lender’s Standard Variable Rate (SVR)
When your fixed or tracker mortgage ends, your lender will automatically move you onto their Standard Variable Rate. This rate is typically much higher, which means your monthly payments can jump significantly without offering any additional benefit.
By reviewing your mortgage in advance, we can help you lock in a new deal in plenty of time, so you avoid this unnecessary increase entirely.
2. Switching Deals Can Be a Smart Way to Raise Capital
Many homeowners don’t realise that remortgaging or arranging a product transfer isn’t just about finding a better rate. It can also be a simple and cost-effective way to raise additional funds, whether you’re:
- Consolidating debt
- Renovating your home
- Investing in property
- Supporting family
- Releasing capital for business purposes
By reviewing your mortgage early, we can explore all your options and identify the solution that fits your goals.
3. Broadbench Can Access Exclusive Deals Other Brokers Can’t
Because we work closely with lenders and truly understand the needs of our clients, we can often access exclusive rates that aren’t available on the open market. These can make a meaningful difference over the course of your mortgage term.
When you review your mortgage with us, you get access to the whole of the market, plus any exclusive deals that could save you thousands.
4. We Monitor Rates for You. Right Up to Your Start Date
One of the biggest frustrations for clients is choosing a deal, only to see a better one released shortly after. At Broadbench, you don’t need to worry about this.
Once we secure a rate for you, we:
- Continuously monitor the market
- Track changes right up until your new mortgage begins
- Automatically switch you into a better deal if one becomes available
You get the peace of mind that you’ll always be on the most competitive rate we can find, not just the best rate on the day you apply.
5. Even if Your Circumstances Change, We Can Still Help
Life changes, and so do working patterns. Whether you’ve moved from contracting to PAYE, become self-employed, taken a career break, or changed roles entirely, we’re still best placed to help you secure a new deal.
Because we already know you and understand your financial story, we can present your situation clearly to lenders and help you navigate any complexities smoothly.
6. Personal Advice From People Who Know Your Story
Your Broadbench adviser isn’t just here to find you a rate. We:
- Understand your long-term financial plans
- Track your mortgage and renewal deadlines
- Proactively reach out before your deal ends
- Make sure you’re never left paying more than you need to
With 5-star service, you’ll always know you’re in safe hands.
In Summary: Reviewing Early Puts You in Control
A mortgage review isn’t just about staying off the lender’s SVR. It’s about:
- Protecting your monthly budget
- Exploring opportunities to raise capital
- Securing the most competitive rate available
- Gaining confidence that someone is actively watching the market for you
- Ensuring your mortgage still suits your current circumstances
Whether your deal ends in a few months or later this year, now is the perfect time to speak to your Broadbench adviser. We’ll guide you through your options and make sure you’re in the strongest possible position.
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