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ISA swap
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Bandit17
Posts: 1 Newbie
Hi
i have an issue with a building society and have approached them with my partner for a mortgage and they declined us, so we have got our mortgage from another high street lender, I’m now a bit unhappy with them, can I switch my ISA I have with them to another provider.
thanks
i have an issue with a building society and have approached them with my partner for a mortgage and they declined us, so we have got our mortgage from another high street lender, I’m now a bit unhappy with them, can I switch my ISA I have with them to another provider.
thanks
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Bandit17 said:Hi
i have an issue with a building society and have approached them with my partner for a mortgage and they declined us, so we have got our mortgage from another high street lender, I’m now a bit unhappy with them, can I switch my ISA I have with them to another provider.
thanks
https://www.gov.uk/individual-savings-accounts/transferring-your-isa
If it is a fixed rate cash ISA you will have to pay a penalty.
Some would say it may be an unnecessary step, potentially cutting off your nose to spite your face, as a result of being declined for a mortgage....
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