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Clever people's opinions please

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Comments

  • Rick62
    Rick62 Posts: 989 Forumite
    OK, so they are saying they would waive the fee if you stayed with them.

    Given you would pay a £200 product fee anyway, in order to save max £400, personally I would keep the flexibility of being able to move anywhere. Apart from a possible ERC you would have a deeds release fee, typically about £200 if you move.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • dagrowler
    dagrowler Posts: 254 Forumite
    thanks Rick, I just spoke to SW though and they told me that SVR isn't open to me at the moment as I'm moving house and not just borrowing more on my current one... fairy snuff!

    I don't mind staying with them, they're pretty good. just means in Jan when i want to change mortgage I'll have to stick with them for another 2 years, and then can move.
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    I like money
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