Should I pay to end my fix early?

simon_or

OP, I definitely wouldn't pay any ERC to switch early and wouldn't worry too much about excessive increases in rates in the next few months. As per what KS has posted, high street fixed rates are already going down a teeny bit after yesterday's bank rate announcement as it's all priced in.

matt1983

jonnypb said:

matt1983 said:

Nationwide are telling me i cant do reserve a product transfer until January - my current fix ends April 30th. 

Is this correct? Id read online you can do this within 6 months now?

They suggest it's 5 months according to this Apply to switch mortgage | Nationwide

Log onto your online account and check?

Ive actually just done an online chat and she said i could do a PT from January- so thats 4 months before my fix ends. 

She didnt seem aware that there is info out there saying it can be done within 6 months. 

K_S

matt1983 said:

jonnypb said:

matt1983 said:

Nationwide are telling me i cant do reserve a product transfer until January - my current fix ends April 30th. 

Is this correct? Id read online you can do this within 6 months now?

They suggest it's 5 months according to this Apply to switch mortgage | Nationwide

Log onto your online account and check?

Ive actually just done an online chat and she said i could do a PT from January- so thats 4 months before my fix ends. 

She didnt seem aware that there is info out there saying it can be done within 6 months. 

@matt1983 That sounds about right, at least based on what they've communicated about broker PTs - "From 1 December, your rate switch request will need to be within 4 months of their product expiring."