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do banks send offers at the end of fixed terms?

Afternoon all,

Our fixed term finishes at the end of October, will the bank send out new offers are will they just it to fall back on the svr? Also, does anyone know if the same lender will do any incentives to try and keep you? Ie waive the product fee of give a better % compared to what's online?
Thanks!

Comments

  • lee111s
    lee111s Posts: 2,987 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    It all depends on which lender you're with and what products/offers they have at the time.
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    1. Depends on the lender

    2. Existing borrowers sometimes get better rates offered as against new borrowers. Or it can be vice-versa.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • suzyp1982
    suzyp1982 Posts: 255 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Lender is Woolwich, thanks
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You can find the new offers online for Barclays Woolwich.


    Google


    Barclays Woolwich mortgage rate switch
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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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