Mortgage change advice

CN35

Hi,
I have an existing mortgage with nationwide paying £238 /month @ 1.19% and the deal runs out 31st Oct when it switches to £259 / month @ 3.59%. My dilemma is that we currently have our house on the market and aim to move within 4 months. Should I switch my deal or wait until our potential house move. I am concerned that applying twice in quick succession may affect our application to get a bigger mortgage on new property.

To compound matters my BTL mortgage also runs out soon and I will need to renew/ change this shortly as well.

Any advice welcome

thanks

A

dimbo61

You want to sell your house and not pay ERC,s so let it drop onto the SVR and hope it sells soon.
It's only £21 a month extra.
You want to have the choice of the whole mortgage market and all the lender's to find the best deal.

haras_n0sirrah

There is a really good option here that will help you and is completely 100% free to do and will mean you avoid any early repayment charges when you sell plus avoid any standard variable rate.
Consult a broker - if you don't have one then you can contact a broker who posts here. We are identifiable by our signatures. We are not allowed to approach posters but can respond to pm's asking for help.