Timing Your Mortgage Switch for the Best periods to secure more favourable interest rates
Avoiding unexpected costs of Early Repayment Penalty when changing mortgage deals
Key requirements for a successful mortgage rate transitions is knowing the Lender Switching Criteria
Mortgage Rate Savings Calculations and how to estimate potential financial benefits
The first question to ask yourself is: why are you thinking about switching your mortgage? Whether you're looking to get away from a high interest rate or you've found a more competitive deal, switching could be a smart decision as long as it suits your specific circumstances.
Before making any decisions, take a close look at your current mortgage.
What’s your interest rate?
Are there Early Repayment Charges (ERCs) for switching?
How much equity do you have in your home?
These are important questions that need answering before you start.
At Abodo we can help you explore your options by comparing interest rates, reviewing different lenders and finding what’s right for you.
We'll work with you to ensure that switching will be beneficial in the long run.
Speak to our mortgage team to discuss switching your mortgage. We will help you choose the most appropriate deal.
See why people trust Abodo for Switching Mortgages
Personalised Approach
Unique mortgage strategy for each client
Market Expertise
Comprehensive market research with Whole of Market lenders on offer
Transparency
Clear, jargon-free communication. Ask us anything at any point but we are confident we will have already covered it.
Your Life Journey
Ongoing support beyond mortgage completion
Personalised Approach
Unique mortgage strategy for each client
Market Expertise
Comprehensive market research with Whole of Market lenders on offer
Transparency
Clear, jargon-free communication. Ask us anything at any point but we are confident we will have already covered it.
Your Life Journey
Ongoing support beyond mortgage completion
Key Considerations
We’ll take the time to crunch the numbers and compare your current mortgage with potential new deals.
Will switching save you money over time?
How much will your new monthly payments be?
Are these payments affordable?
Are there any hidden fees or charges that you need to be aware of?
And what happens if you want to switch again in the future?
These are all important questions to discuss before making any decisions. At Abodo we’ll guide you through the fine print to ensure you fully understand what you’re committing to before signing on the dotted line.
We’ll ensure you’ve reviewed everything carefully and had all your questions answered before moving forward. It's vital to read the terms of your new mortgage agreement thoroughly and clarify anything you're unsure about. With Abodo, we’ll make sure you’ve dotted all your i's and crossed all your t's—helping you feel confident in your decision.
Always ensure you understand the risks and costs involved in any mortgage decision before proceeding. We are here to guide you and explain it all to you.
