How early should you start looking at new mortgage deals?

skaps

I am finishing my 3 year fixed rate in October 2011 and wanted to know when I should start looking at new deals?

getmore4less

Whats the followon rate? you might not need to look hard if it is a good rate.

Most deals are valid for upto 6months so thats about the earliest.

if changing lender deals can take a while so 3months is around the latest.

Some lenders switching can be almost instant(days).

skaps

Im not sure will it not just be the svr which atm is 3.5%. Don't think that I will get any great deals though tbh as I have a large ltv of 90%.

alb1

I work with mortgage offers on a daily basis and the longest they're valid for is 3 months. They vary rarely get extended.

The 3 months is from the date they're formally offered though and that can take a while.

opinions4u

alb1 wrote: »

I work with mortgage offers on a daily basis and the longest they're valid for is 3 months. They vary rarely get extended.

The 3 months is from the date they're formally offered though and that can take a while.

Of course different lenders may have a different expiry deadline to the ones you deal with.