Fixed rate soon ending - unsure what to do next

TheCyclingProgrammer

My rate with the Coventry expires at the same time as yours. Unfortunately we weren't able to get a valuation that quite matched up with the Zoopla + local estate agent valuations, we were about £10k short of what we needed to get below 65% LTV.

It is definitely worth calling them though. When I spoke to them, they started with an index-linked valuation and if that came up short (it did for me) they did an online valuation. This was £5k short of what we needed and we appealed and they sent out a surveyor the next day to value the property (as we'd made loads of improvements). Unfortunately this didn't work out in our favour as they valued it £5k less than the online valuation - still a great increase over what we paid but not quite enough.

Your starting point is to call them and see what valuation they give it.

getmore4less

fluffy123 wrote: »

Its 31.3.17 - Two years exactly

so you switch then(Friday) or wait till the Monday.

No SVR for a month or ERC.

if the lender has a wave the ERC window change sooner.

Boredatwrork

Skipton Building society

All fee free

70% 1.71% 2 years
75% 1.77% 2 years
80% 1.92% 2 years
70% 2.34% 5 years
80% 2.47% 5 years

Also what you said about ERC, you can reserve the rate months ahead with many lenders (Ive had one do it up to 6 months ahead, so you will move the deal straight across from your existing).