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Re-morgaging to another lenders SVR?
Pricy147
Posts: 1,320 Forumite
Can it be done?
e.g. I am with HSBC - their SVR is about 3.9%. LTSB have an SVR of 2.5%. Can you re-finance to another lenders SVR rate, with presumably no fees and tie in?
e.g. I am with HSBC - their SVR is about 3.9%. LTSB have an SVR of 2.5%. Can you re-finance to another lenders SVR rate, with presumably no fees and tie in?
To Stooze or Not To Stooze - Theres only one option 
0
Comments
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Nope, no lender (AFAIK) offers remos on to their SVRs currently.0
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However you could possibly remortgage on to a two year tracker (at 3.99%) with LTSB and at the end of two years you'd revert to their SVR.
BUT chasing an SVR isn't always a good idea as has been seen with many other lenders there is no guarantee it will stay low!
Rufus.0 -
Nope, no lender (AFAIK) offers remos on to their SVRs currently.
FD No indication it is limited to existing borowers.
http://www2.firstdirect.com/1/2/mortgages/our-latest-mortgage-offers
Barclays says remortgage for their SVR
http://www.bank.barclays.co.uk/cs/Satellite?blobcol=urldata&blobheadername1=Content-Type&blobheadername2=Content-Disposition&blobheadervalue1=application%2Fpdf&blobheadervalue2=attachment%3B+filename%3DCore+Range+Customer+Rate+Sheet070410.2.pdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1259875783446&ssbinary=true
Someone else probably know others.0
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