We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Natwest mortgage application question
Options
toc25
Posts: 237 Forumite
Hi, just wondered if anyone could give me some advice please.
We put in the full application in branch on Saturday and chose a 5 year fixed deal with 85 itv. On Tuesday Natwest changed that deal to a slightly lower interest rate and it now gives £500 cash back. I was wondering if because our application is still being reviewed will we get the lower rate and cash back? Or Is it a case of missing out by a couple of days and it's tough luck?
Thanks
We put in the full application in branch on Saturday and chose a 5 year fixed deal with 85 itv. On Tuesday Natwest changed that deal to a slightly lower interest rate and it now gives £500 cash back. I was wondering if because our application is still being reviewed will we get the lower rate and cash back? Or Is it a case of missing out by a couple of days and it's tough luck?
Thanks
0
Comments
-
Hi Toc,
Yes, give them a call and ask to be switched to the new rate. You may have to pay an admin fee, but if it saves you money over the term of your mortgage, it is certainly worth a phone call
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.0 -
I would email my account manager and she would sort it, so presumably you can call their call centre or whoever submitted your application if in branch?I am a Mortgage AdviserYou 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.0
-
Thank you I have contacted the lady who did my application now so hopefully she will get back to me soon. Fingers crossed 0
-
I noticed this, going to call the adviser I did the application with, fingers crossed I can switch.0
-
Let me know how you get on. I cant get hold of mine, i know she is very busy though so not surprised.0
-
Still no reply, think I will get in touch with them directly tomorrow.0
-
Just to update, I got a call back to say it was fine to switch over to the new product. Really happy
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards