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Hope I've made the right choice!
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
The choice was a fixed rate or porting my existing mortgage deal of base rate +2%. I've read lots about the forecast for base rate and made the decision to keep my currently cheap tracker. Fingers crossed!!
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Is your mortgage with nationwide? Just interested in who is allowing porting! I thought most lenders were trying every trick in the book to get people on to more expensive deals.0
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michelle2008 wrote: »Is your mortgage with nationwide? Just interested in who is allowing porting! I nought most lenders were trying every trick in the book to get people on to more expensive deals.
Lenders are more interested in reducing their total mortgage exposure. So a porting request gives then this ability. By declining. In the hope that the borrower moves their business elsewhere.0 -
Hi, sorry I wasn't clear, I'm with the same lender buying a new home0
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