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Current Mortgage Deal Ending
emiliah
Posts: 169 Forumite
As stated in the title, our current mortgage deal comes to an end in June, and I was wondering if anyone knew when we might receive any new offers from them.
I wasn't sure if they had to give us a certain amount of time to consider the options, before renewal.
Many thanks
I wasn't sure if they had to give us a certain amount of time to consider the options, before renewal.
Many thanks
0
Comments
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There is no renewal unless you choose to take out a new mortgage deal. At the end of your fixed or tracker rate you'll go onto whatever follow on rate the lender uses, their SVR for example.
If you want a new deal it is for you to contact them and they will tell you what is available or you can check their website for existing customers if possible."You've been reading SOS when it's just your clock reading 5:05 "0 -
Thank you for your reply Sammyjammy.
When our current fixed rate deal finishes, we are due to change to a tracker at 1.250%, but when speaking to an advisor a few months ago, was told they would probably be offering us some alternative deals.
So I assume if we hear nothing from them we will just change to the tracker.0
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