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End of fixed term and looking to fix again on reduced income

Hi. My fixed rate period has now come to an end and I have seen some much lower rates on offer from my lender if I sign up for another fixed term. Problem is my income has dropped significantly. If I was to ask to fix again with my current lender, would they want to reassess my income, or does that not matter now I am already a customer?
Thanks

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 12 March 2015 at 2:31AM
    If you look on your existing lenders website you may find deals available to existing customers who are not borrowing any more money.
    You may even be able to apply online and switch when your current deal ends
    If you ring the mortgage centre and ask can you change to the 2/3/5 year deal at 2.19/3.09/3.99 !!
    They are not allowed to give advice but can take instructions from you.
    You have made the decision about which deal is best for YOU
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