22/01/2026
Β£1,803 saved over the next 5 yearsβ¦ for an extra 10 minutesβ work.
This was a genuine client saving from last week β and with their existing lender.
I know the headlines: dramatic posts about switching from variable to fixed. This wasnβt one of those. π
The facts:
- Current rate 4.73%
- We reviewed the whole market and staying with the current lender was the best option
- A 5-year fixed was available at almost 0.5% lower
A simple product transfer got us most of the way there, bringing their monthly payments down by around Β£50pm, everyone is happy
On final review the property valuation looked low compared to another weβd recently completed in the same development (With the same lender)
So we paused.
A quick call to the lender.
A drive-by valuation 3 days later.
Result : Dropping into a lower loan-to-value bracket, shaving another 0.25% off the rate.
Final result: Β£1,803 saved over 5 years.
No gimmicks. No lender switch. Just attention to detail.
Small hinges swing big doors in this game.
..Of course they could have gone direct and missed out on this
*There is a risk with this approach, if the lender declines to update the valuation or in fact thinks its lower you could go the opposite direction in rates, it takes having the facts together before you attempt*
