If you've locked in a fixed mortgage deal that can now be beaten, check if you can switch penalty-free. Where the new rate is yet to take effect you should be able to cancel for free – though there are some exceptions. This may help those with expiring mortgage deals who fixed a new one while rates were at a high but who could now save as prices begin to drop.
Read the full story:
'Secured a mortgage that can now be beaten as fixed rates drop? You may be able to ditch it fee-free – here's what you need to know'
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MSE News: Secured a mortgage rate that can now be beaten? You may be able to ditch it
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