Remortgage Question

Kingsd316

Hi all,

I have 3 mortgage products with nationwide, 2 further advances and the original mortgage I ported when I moved house, the 2 further advances are currently at 3.99% and 3.29% SMR whereas the original mortgage is at 1.49% (with no overpayment penalties)

Is it possible to combine the 2 further advances and fix at a better rate or do you have to merge all 3?

Thanks

kingstreet

If you remortgage to a new lender, you will have one mortgage account for the whole amount you borrow.

It's only separate now as your sub-accounts were drawn down at different times.

If you want the status quo, remaining with Nationwide is your only option and looking at whatever customer retention products it offers you.

Kingsd316

kingstreet wrote: »

If you remortgage to a new lender, you will have one mortgage account for the whole amount you borrow.

It's only separate now as your sub-accounts were drawn down at different times.

If you want the status quo, remaining with Nationwide is your only option and looking at whatever customer retention products it offers you.

Thanks, sorry I meant staying with nationwide. So it could be possible to do this or is it just a case of ring them and see?

Don't want to lose the 1.49% tracker so no point me booking an appointment to see them if they will make me merge all 3

kingstreet

You are going to have to ask that specific question of your lender.

Use of the word "remortgage" sparked off the response which was as accurate as I could make it.