I hold a mortgage 5.8% for 5 years can I move to another sandbank at a lower rate (lb30,000 over 13 years)?
I am 53
"> You can always move banks but depending on the expressions of your mortgage contract you may have to pay a cost if you are within a certain term of taking it out. Contact your bank and ask them. They will no doubt move about through their own deals with you to maintain you as a customer which could work out cheaper as they won't require you to get a new valuation which a fresh bank would. Source(s): Previous employment as a mortgage advisor at Halifax.
Related Questions:
Would I qualify for this mortgage? What features of rate could I draw from?
What are the current Mortgage Rates? In CA?
Standard lifes' standard adjustable mortgage rates?
What you have an idea that that Bank Mortgage rates will stay lower as immediately for long occupancy?
Mortgage support needed please abet? Tracker or Fixed Rate?
"> You can always move banks but depending on the expressions of your mortgage contract you may have to pay a cost if you are within a certain term of taking it out. Contact your bank and ask them. They will no doubt move about through their own deals with you to maintain you as a customer which could work out cheaper as they won't require you to get a new valuation which a fresh bank would. Source(s): Previous employment as a mortgage advisor at Halifax.
Related Questions: