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Changing term of mortgage (The Coventry)
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absolute0
Posts: 162 Forumite
I've been informed that the term of our mortgage can be changed at any time without incurring any fees (we are with the Coventry).
Does anyone know if there are restrictions in doing this?
Does anyone know if there are restrictions in doing this?
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Comments
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The lender will perform an affordability check before agreeing to the request.0
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Do you mean that you can change the payments in order to clear the mortgage early? (Rather than formally change the end date of the mortgage?)I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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