Ealiest opportunity to get a new mortgage

lenin

Hi,
I have a 5 year fixed rate mortgage (5.9%) with the Nationwide which does not finish till November 2012. My question is what is the earliest that I can start to apply for another mortgage with another vendor? Can I have the new mortgage agreed say 1 month before my tie in expires?

Thanks

Joe_Bloggs

Ask your potential future lender as to how long you should wait for submitting a re-mortgage option. I would have waited until I was on the Nationwide basic mortgage rate as this is a privileged/lucky position to be.
J_B.

hcb42

When you are about three months out, start looking, that way you can get the paperwork done, and agree the completion date, which needs to be after any ERC date if you have one...you can control it. Worse that will happen is you go on SVR for a month or so if you are delayed in the processing for whatever reason.