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Received mortgage offer but rate has just dropped, can I change?
jmre22
Posts: 22 Forumite
I received my mortgage offer from Nationwide last week at 6.5% fixed for 3 years. I’ve checked today and the rates have dropped to 5.99%.
is there anyway I can change my offer to this new rate? Or does anyone have any advice on what I should do? The new rate would save me around £70 per month
is there anyway I can change my offer to this new rate? Or does anyone have any advice on what I should do? The new rate would save me around £70 per month
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Yes, call them and tell them you want to change to that product.
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What even if I’ve already received an offer from them?(haven’t accepted the offerhousebuyer143 said:Yes, call them and tell them you want to change to that product.0 -
@jmre22 Fairly straightforward process with Nationwide, done it just this morning for 2 of my post-offer Nationwide clients and got the offers reissued at the new lower rate. Drop a note to your broker or call the lender (if direct) and they should be able to action it.jmre22 said:I received my mortgage offer from Nationwide last week at 6.5% fixed for 3 years. I’ve checked today and the rates have dropped to 5.99%.
is there anyway I can change my offer to this new rate? Or does anyone have any advice on what I should do? The new rate would save me around £70 per month
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Excellent, I’ve just got off the phone with nationwide and after another credit check to make sure we’d not taken on any debt since last application, they revised our offer to the new rate of 5.99%K_S said:
@jmre22 Fairly straightforward process with Nationwide, done it just this morning for 2 of my post-offer Nationwide clients and got the offers reissued at the new lower rate. Drop a note to your broker or call the lender (if direct) and they should be able to action it.jmre22 said:I received my mortgage offer from Nationwide last week at 6.5% fixed for 3 years. I’ve checked today and the rates have dropped to 5.99%.
is there anyway I can change my offer to this new rate? Or does anyone have any advice on what I should do? The new rate would save me around £70 per month
happy days 0 -
A quick question, do you think I should wait before accepting the offer in case the rate drops any further?K_S said:
@jmre22 Fairly straightforward process with Nationwide, done it just this morning for 2 of my post-offer Nationwide clients and got the offers reissued at the new lower rate. Drop a note to your broker or call the lender (if direct) and they should be able to action it.jmre22 said:I received my mortgage offer from Nationwide last week at 6.5% fixed for 3 years. I’ve checked today and the rates have dropped to 5.99%.
is there anyway I can change my offer to this new rate? Or does anyone have any advice on what I should do? The new rate would save me around £70 per month0
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