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Tina

Can anybody advise if Northern Rock will be offering their existing customers incentives to move to another lender when their existing deal comes to an end. I have heard that in order for some lenders wishing to run their mortgage books down, some are offering up to 15% discount to move.

Comments

  • beecher
    beecher Posts: 2,497 Forumite
    Certainly haven't read anything on here from anyone offered an incentive - they're kept on the SVR if they can't remortgage enough which is an incentive enough for most to leave if they can!
  • koexelek
    koexelek Posts: 7,847 Forumite
    They did have some tie up with C & G at one stage.

    If you fitted the C & G criteria, you could swap the mortgage from NR to them.

    Not sure if that is still the case though
    I am a Mortgage adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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