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Is it worth switching?
boywonder1978
Posts: 7 Forumite
I'm on a 2.49% tracker mortgage (so currently on 2.99%).
I've seen I can get a tracker mortgage with the same lender as low as 1.49%.
The short question for all you moneysavers out there: is it worth the hassle? Sounds like a no brainer 'Yes' to me, but am I just being greedy, or is there something I haven't considered yet?
Thanks in advance,
Adam
I've seen I can get a tracker mortgage with the same lender as low as 1.49%.
The short question for all you moneysavers out there: is it worth the hassle? Sounds like a no brainer 'Yes' to me, but am I just being greedy, or is there something I haven't considered yet?
Thanks in advance,
Adam
0
Comments
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Nothing greedy in switching. If it makes financial sense then switch.0
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Thanks - I wasn't sure if there was a % threshold where it made more sense to (e.g switching from a 5% to a 2% is clearly worth it).
I don't think I have any penalties or anything stopping me doing this, but wanted to know if anyone saw an obvious reason not to!0
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