Will i get Natwest's new rates

deano3

Morning,

Im waiting for Natwest to offer formal mortgage decision, valuation is next week and passed underwriting. However i note that Natwest have just dropped rates slightly and want to know if my rate will be adjusted accordingly?

betmunch

Have you told them you want the new rates?

Rates could go up or down while your application goes through so they cant just change it without your say so.

Check if theres any fees for changing too as this will need to be checked before confirming its worthwhile.

Good luck

mike1986

If the offer has been sent then you will probably have to pay £150 withdrawal fee to change the rate.

kingstreet

What he said.

If it hasn't been offered yet, it the product can be changed, fee-free.

Otherwise, it's £150 fee.