Fixed Rate Mortgage Reminders
Overview
If a fixed-rate mortgage deal expires without action, your lender will usually move the mortgage onto a Standard Variable Rate (SVR).
This often means higher monthly payments and increased borrowing costs.
PaTMa helps you stay ahead of this by tracking mortgage fixed-rate expiry dates and reminding you before your current deal ends.
This gives you time to:
- Review your mortgage costs
- Compare new mortgage products
- Explore remortgaging options
- Rebudget for potential payment changes
For landlords with multiple mortgaged properties, these reminders can be especially valuable for avoiding costly surprises.
Adding a Fixed Rate Expiry Date
Fixed rate reminders are linked to the mortgage information stored in PaTMa.
When creating a mortgage, you can enter a Fixed Rate End Date.
Once this date has been added, PaTMa will automatically track it.
Upcoming fixed-rate expiries will also be visible within your portfolio on the relevant property.
Email Notifications
By default, PaTMa sends an email reminder one month before a fixed-rate mortgage expires.
This gives you advance notice so you can start reviewing your options before the rate changes.
Managing Reminder Settings
If you do not want to receive mortgage expiry emails, you can disable them at any time.
Open your Email Settings and locate:
Fixed Mortgage Expiry Warnings
Uncheck this option and select Update to disable reminders.
A Quick Tip
Many lenders allow you to secure a new deal several months before your current fixed rate ends.
Even though PaTMa reminds you one month before expiry, reviewing your options earlier can often help you secure a better rate.