Yes. Most lenders will allow you to extend your mortgage term while going through the rate switch process.
As well as extending the term, many lenders will also allow you to…
- Set up or change overpayments
- Apply to borrow more
- Get a property value estimate
If you want to change your mortgage terms, please inform us so we can make the necessary arrangements. Our service will simplify the process for you, and we will keep you updated throughout the application process.
How we work:
- We will use the information you provide to access your mortgage account (such as your mortgage account number)
- We’ll find the best offers that suit you and send you a few quotes by email for your review.
- Once you have reviewed the quotes and are happy to accept one of the rates, you will let us know which one to accept
- We will accept the rate and send off the rate switch application
- After acceptance, we will monitor the rates until your current fixed rate expires. If the rates decrease, we will accept the lower rate to make sure you receive the best deal available.
- Once the application has completed, we will send you 10% of the commission we receive from the lender
