Switching to another lenders SVR

jamespmg44

Hi,

My 4.99% 5 year fix with A&L is up at the end of April.

I am thinking about staying on an SVR mortgage for now and overpaying as much as possible however I know there are more competitive rates out there than the 4.99 A&L SVR.

Looking at other providers websites, they only seem to offer fixed and tracker deals for a year or two most of which incur a product fee and limit the amount of overpayments.

Is it possible to simply switch to another lenders SVR and if so - what kind of fees would be associated with that?

Cheers

cbrpaul

First direct svr of 3.69% £299 fee



http://www.firstdirect.com/mortgages/rates.shtml


Possible vaulation fees also though , you need to check