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Can I change to another remortgage deal?

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Hi,

I recently signed and accepted a remortgage offer form, which the
bank has now confirmed that they have received, and that it
will start once my current old mortgage deal with them runs out at
the end of this year.

My question is; I have noticed today that they have now introduced
a newer cheaper rate deal, with they same criteria, so would
therefore make my new monthly payment slightly less that the one
I have just signed up to.

So, would I be able to change my remortgage deal to the newest
cheaper one, even though I have already signed up to a new
remortgage deal.

Thanks in advance

Comments

  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Depends on the Lender, some yes, no problem

    Some yes, but charge a fee.

    Some no.

    You may also be in a window to cancel your current offer which can impact matters.

    You should simply ask the Lender.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • solorize
    solorize Posts: 81 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Hi,

    Thank you for your reply.

    I will have a chat with them tomorrow and see what
    they say.
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