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Do Natwest allow early product transfer?
edinburgher
Posts: 14,007 Forumite
As per the topic, curious if there is any chance of Natwest allowing an early product transfer to a better rate and waiving the 1% ERC if we take out a new fix with them?
On the one hand, why would they? They're already getting our money at 3.65% 
On the other hand, customer loyalty and all that.
On the other hand, customer loyalty and all that.Our mortgage is up in December, just starting to explore options. I believe LTV is 75% (based on Natwest's index-based valuation, suspect healhier in real life), was 80% when we bought.
Anybody with experience of this, or any helpful mortgage advisors/brokers about?
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Comments
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I think they allow product transfers 110 days prior to end of current deal so you will be shown eligible rates next month probably1
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The portal says 3.5 months, but I didn't realise they'd potentially allow a product transfer prior to the end of term. Would this trigger the ERC, or would it not count as I wouldn't be repaying?Deleted_User said:I think they allow product transfers 110 days prior to end of current deal so you will be shown eligible rates next month probably0
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