When should my remortgage start?
My current deal finishes on 31st May so to make sure that I don't hold to pay any of the full rate does that mean that my re-mortgage shouldn't come up until 2nd June?
Answers:
Do you mean your mortgage rate re sets in may, or that you are contained by the process of refiancing, with a first payment date of May1?
Mike
It method that your current mortgage deal ends at the end of the month and you will travel onto a standard variable rate on the 1st June.
The companies that are offering the best deal currently hold a 15 day back log so I would get hold of your remortgage (better deal) in now. Go to your local dune and also see an independent Mortgage Adviser but I advise you to shop around.
HSBC currently have a concord that will offer you the same rate as you currently own but This ends on the 30th April
It should start on the next working date after the 31st May, this may include a Saturday depending on the bank/mortgage lender, or it can start earlier than the 31st May unless you will own to pay an early repayment charge.
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Answers:
Do you mean your mortgage rate re sets in may, or that you are contained by the process of refiancing, with a first payment date of May1?
Mike
It method that your current mortgage deal ends at the end of the month and you will travel onto a standard variable rate on the 1st June.
The companies that are offering the best deal currently hold a 15 day back log so I would get hold of your remortgage (better deal) in now. Go to your local dune and also see an independent Mortgage Adviser but I advise you to shop around.
HSBC currently have a concord that will offer you the same rate as you currently own but This ends on the 30th April
It should start on the next working date after the 31st May, this may include a Saturday depending on the bank/mortgage lender, or it can start earlier than the 31st May unless you will own to pay an early repayment charge.
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