Fixed rate finishing

mangabootoo

Hello,

I switched to a new 5 yr deal amidst the panic 2 weeks ago. That evening my bank, NatWest, duly put all the rates up significantly…so it felt like a good move…our current fixed rate doesn’t end until March, so I wanted to make sure we didn’t lose the deals on offer with our existing lender, which beat all the rest. 
 

however, as my current mortgage doesn’t end until March do I still have the right to switch again if interest rates change or other deals become available? Or Am I completely locked in already? 
 

thanks for your help.

gjs6385

If you haven’t completed the switch yet then I don’t think you’re locked in.  I believe your offer will be valid for 6 months so you can see how the land lies during that time and if there is something better by then you could apply for that.