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If you paid off an ERC....

mulderbauer
Posts: 13 Forumite
Simple question:
If an Early Repayment Charge is paid off in advance do you simply go onto the lenders variable rate?
Thanks
If an Early Repayment Charge is paid off in advance do you simply go onto the lenders variable rate?
Thanks
0
Comments
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Not necessarily. Nationwide won't ( or certainly wouldn't a couple of months back, when I was looking) give you another mortgage if you repay in full, hence you need to go to another lender.0
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Ah, not the answer I was expecting and hoping for Gordon...... this mortgage is with the C&G.
Im sure the answer to another question is definately no then....! would they entertain adding an ERC onto the mortgage and letting you go onto their variable rate.....?0 -
NO NO NO but nice try0
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