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Remortgage - Or is it

Very simple question (new to forum).

I have a repayment mortgage with Nationwide on just the varible rate.

How easy it to to take up another product from them. In other words, if I wanted to change to a fixed rate available to current lenders, is it a whole new mortgage application or is it an easier process.

Thanks for any help.

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Far easier, as long as you are not increasing the mortgage amount.

    Just give them a call and they will send you out the deals they have available, and all you have to do is choose the deal you like and pay any relevant fees

    If you went to a new lender, if they were offering better deals, then you would need a new application ,but these can also be pretty painless
    I 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.
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