We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Feeling disappointed with mortgage advisor

2»

Comments

  • Yes, I've always had CTL with Santander. Haven't checked with them, but I will now - thanks.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Retention options are always the first check

    If you want to change more than a retention allows(just the rate) that can complicate.

    Then you go to a broker and their job it to find something better(might not just be rate).
  • Great advice! Spoke to Santander, and the offer going direct with them beats what the £500 mortgage advisor offered!

    Thank you.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    A decent broker should have checked and given up early if they thought they could not match or better a retention deal.

    Still may not be the best option for you but a quick look they rates on offer seem to be in the general area you expect.

    Probably(is in most cases) the least hassle to stick with same lender on a retention deal as long as for the LTV they are competitive.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.6K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.