We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
is it too late to back out?
mrsmac1
Posts: 136 Forumite
Hi, I signed up for 5yr fixed rate with Nationwide in August @ 5.98% on £80500 but the 1st payment at the new rate is only due on 15th November am I too late to back out of this deal? there were no fees attached. Or should i play safe and keep it?? any advice would be much appreciated
0
Comments
-
If the mortgage has already been transferred (drawn down) then yes it is too late. The fact you have a payment date sounds like the mortgage has passed this stage.My Excel Mortgage Calculator Spreadsheet: http://forums.moneysavingexpert.com/showthread.html?t=11571730
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards