Unlike other brokers, at IFA Mortgages and Finance our Loan Portfolio Review service is designed to keep your mortgage in sync with your ever-changing life. We conduct comprehensive loan health checks for all of our clients 1-2 times a year, ensuring that your loan continues to align with your financial goals and circumstances.
Life doesn’t stand still, and neither should your mortgage. Regular reviews allow us to assess whether your current loan is still the best fit for you. Whether your circumstances have changed, market conditions have shifted, or new financial products have become available, a loan review ensures that your mortgage adapts to these changes, keeping you in the best possible financial position.
At IFA Mortgages and Finance, our loan health checks are what set us apart from other brokers. We proactively review every client’s loan portfolio 1-2 times a year to ensure that their mortgage continues to align with their ever-changing world. This commitment to regular reviews ensures that your financial strategy is always optimised for your current situation. We aim to empower you with the knowledge and options necessary to make informed decisions that best suit your financial goals.
Reviewing your portfolio: During a loan health check, we assess your existing interest rates to see if they still align with current market trends. Even if your rates are competitive, we believe it’s essential to meet with you to confirm that you're in a strong financial position. This reassurance and ongoing support are key to our client retention strategy, as it demonstrates our commitment to always doing what's best for you.
Aligning with the Market: If we find that your rates are no longer competitive, our first step is to negotiate a rate reduction with your current lender. If successful, we'll send you an email detailing your interest savings from the rate reduction. However, if we’re unable to secure a better rate, we then explore refinancing options. We compare various lender options that align with your current needs and future plans, providing a range of product types to ensure you're well-informed about market trends. This allows you to make the best decision for your financial future.
By reviewing your loan regularly, we may identify opportunities to reduce your interest rate, resulting in lower monthly repayments and more cash flow for the things that matter most in life.
These reviews offer the perfect opportunity to reassess your loan products. Whether it’s opening an offset account, switching from interest-only to principal and interest repayments, or adjusting your loan structure to suit your current lifestyle, we make sure your mortgage evolves with you.
Our reviews don’t just look at the present; they also help you plan for the future. Whether you’re considering an investment property, asset finance, or simply want to know your options, we’re here to guide you through it all.
