📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is best rate rotation possible?

If you have a particularly large mortgage for example, is it possible to make use of introductory rates from lenders who allow fee free remortgages and also allow you to take your mortgage elsewhere without penalty?
I'm thinking of Egg as a starting place. 4.24% for 6 months then where to?
When would be the earliest Egg would let you back for another 6 months introductory rate? Who else offers deals like this?
...and then the window licker said to me...

Comments

  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I can't see that it's worth the pain of doing this.


    You can get 2 year discounted rates which are barely higher than the 4.24% rate you mention. You are suggesting remortgage 4 times in the space of two years, with all the consequent hassle?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.