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Nationwide deal swithch/Remortgage

andyfromotley
Posts: 2,038 Forumite
Hi,
my fixed deal with NW ends later this year, assuming the interest rates stay similar i would be looking for another fix with NW. Is this a remortgage or just a administrative deal switch? Just interested.
my fixed deal with NW ends later this year, assuming the interest rates stay similar i would be looking for another fix with NW. Is this a remortgage or just a administrative deal switch? Just interested.
£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!
0
Comments
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It's a product transfer for existing customers. You can do it online without any further credit / affordability checks if you're not asking to change amount borrowed or term left.
A remortgage is a switch to another lender.0 -
ty Yorkie.£1000 Emergency fund No90 £1000/1000
LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
!0 -
although you can do it online thats with disclaimers about no advice was given and less backing from the FCA.
Its just a simple product switch appointments last about 30-60 minsI 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.0
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