dunstonh wrote: »
I would be interested to see which lenders people have had success with. That said, if you read what Martin has posted, its less about haggling but more about reviewing what you have compared to what is available. I'm not sure the thread title really matches the content of the post.
A MoneySaver recently fed back to me how he asked for a rate reduction on his fixed deal (during the lock-in period), and got around 1% off, that's £80 a month cheaper per £100,000 of mortgage. There's no way to tell how widespread this is, and it’s UNLIKELY to work for most, yet there's no harm trying.
Russell231160 wrote: »
Seemed like a good idea, so I attempted this with Northern Rock (UK taxpayers do own this). Not a chance.
They just kept referring to the ERC should one wish to change the mortgage deal.
payless wrote: »
as per my post I can't see why a lender would offer a new lower rate ( and waive erc) in fact I would be annoyed if state backed lenders were doing it!
If you plan to get a place via 'clearing'
Lower your band & save £1,000s
Past-best-before health food etc