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Mortgage Switch Rates (Nationwide)

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  • liviboy
    liviboy Posts: 562 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    With the ERC free switch do you hit the button now or wait a bit.

    This is exactly the conundrum.
  • IAMIAM
    IAMIAM Posts: 1,336 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 18 February 2021 at 3:32PM
    Banks need to remain competitive in league tables coupled with paying for covid, as you can see with recent banks announcing profits warnings already below par then what they are used to. I would hazard a guess that regardless of the markets/base rate going to 0 or minus 0.25%. Mortgage rates will remain between 1-1.5% for all the 'better' LTV's - 60/75%
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