Mortgage Switch
Are you paying more than you need to?
If you took your mortgage a few years ago, a better rate may be waiting. We compare the whole market and handle the switch end to end — at no cost for our advice.
The Basics
What a mortgage switch actually means
A mortgage switch simply means moving your existing mortgage to a better deal — a lower rate, better terms, or releasing some of the equity you've built up. You can do this with your current bank or switch to a new one entirely.
We handle the comparison and the paperwork, so you get a clear picture of what's available before anything changes.
Reasons To Switch
Is it time for a change?
Lower your rate
A better rate can cut your monthly payment meaningfully.
Reduce your term
Pay off sooner without a huge jump in payments.
Release equity
Access the value built up in your property.
Better terms
Move off a rate or structure that no longer suits you.
Consolidate
Simplify your finances into one clear monthly payment.
How It Works
Switching, made simple
Review your current mortgage
We look at your current rate, term and lender to see exactly where you stand today.
We compare the market
We approach the banks whose products could beat your current deal and bring back the strongest options.
We handle the switch
From paperwork to settlement with your old bank, we manage the whole process so you don't have to.
You start saving
Move onto your new mortgage and enjoy the lower payments or better terms — with us on hand throughout.
Is switching worth it?
Switching makes sense in some situations and not others. A quick review of your current mortgage is usually enough to tell you which side you're on.
Switching may be worth it if…
- You're a few years into your mortgage
- Your fixed-rate period is ending soon
- Interest rates have moved since you last checked
- Your income, property value or circumstances have changed
It may not be worth it if…
- You're very early into a long fixed period with high exit penalties
- You're planning to sell or move soon
- The rate difference is too small to outweigh the switching costs
Worth knowing: switching isn't right for everyone. If the numbers don't work in your favour, we'll tell you straight rather than push a switch that doesn't help you.
Frequently asked questions
No — our advice is free. We're paid by the bank once your new mortgage completes, so there's no cost to you for comparing your options with us.
Yes. You can switch with your existing bank or move to a new one — we compare both and recommend whichever works out better for you.
It depends on your current rate, your loan balance and how the market has moved since you took your mortgage. We'll give you a clear comparison once we've reviewed your current terms.
Some mortgages include an early settlement fee, which varies by bank and by how far into your term you are. We factor this into our comparison so you can see the real cost and benefit side by side.
Often once you're a few years into your mortgage, when a fixed-rate period is ending, or when market rates have moved since you last checked. If you're unsure, it costs nothing to ask us to take a look.
Find out if you could save
Talk to us today and we'll start comparing the market on your behalf — no obligation, no fees for our advice.