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Existing tracker swap-possible

Dandytf
Dandytf Posts: 5,073 Forumite
Part of the Furniture 1,000 Posts Name Dropper
edited 18 June 2019 at 4:16PM in Mortgages & endowments
Is it possible to swap from one tracker to another -Nat wide-existing Customer.

The option seems to be available online

E.g. -swap product

1.99%-variable base +1.24%
Current tracker 2.34% variable base +1.59

.35% advantage based on current baae rate.

Edited to include payments

Current 2.34% -£265.56
If I swap to 1.99%

Is there any reason not to swap £258.75

£6.81 saving
£16.25 whilst including current 275 s/o = one or two .25 or .5% rate rises
Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb

Comments

  • Dandytf
    Dandytf Posts: 5,073 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've gone ahead with the switch.
    Though 2 year fix was tempting as well.

    1.99% from 1st July 2 year tracker -until rates rise of course -maybe some time yet.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
This discussion has been closed.
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