David — Remortgage in Birmingham
A composite remortgage case. David had rolled onto his lender's Standard Variable Rate and was paying substantially more than a new fixed rate would cost. We identified a better external product than the product-transfer offer his lender proposed and handled the switch end-to-end.
Case snapshot
- Month completed: February 2026
- Location: Birmingham, England
- Loan amount: £142,000
- Loan-to-value: 55% LTV
- Income: £48,000 gross (PAYE)
- Difficulty: Existing lender had moved him onto SVR after a 5-year fix ended.
- Timeframe: 4 weeks from first contact to completion.
The adviser approach
We ran a like-for-like remortgage search across our panel and compared the best product-transfer offer from his existing lender against external options. A 5-year fix elsewhere came out significantly better once fees were factored in.
Outcome
Switched to a 5-year fixed rate, saving approximately £200 per month against his SVR payment. New rate live before his next monthly payment.
Anonymisation statement
This is an illustrative composite based on real adviser experience with cases of this type. Names, exact figures and identifying details have been changed or generalised so that no single client is identifiable. Lender criteria change frequently; your own outcome will depend on your circumstances.
Frequently Asked Questions
Is this a real client?
It is an illustrative composite based on real cases of this type handled by our advisers. No single identifiable client is depicted.
Could you help me with a similar case?
Yes — cases like this are exactly what our advisers handle every week. Contact us or call 0191 580 9890.
The Mortgage Genie Limited is an Appointed Representative of First Complete Limited, trading as Primis Mortgage Network, which is authorised and regulated by the Financial Conduct Authority. The Mortgage Genie FCA No 754691; First Complete (Primis) FCA No 435779.
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