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Mortgage product transfer. Re-mortgage
NOVAMET21
Posts: 197 Forumite
Hi
My fixed rate is coming to an end and have mortgage renewal/ product transfer available to me.
If I accept the renewal now but then decide to remortgage with another lender instead in few months time but before the deal starts then can I switch lender without any penalty?
Thanks
My fixed rate is coming to an end and have mortgage renewal/ product transfer available to me.
If I accept the renewal now but then decide to remortgage with another lender instead in few months time but before the deal starts then can I switch lender without any penalty?
Thanks
0
Comments
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As with all questions relating to mortgages, it depends on who your lender is. Some dont allow the product transfer to be cancelled once its submitted, some will allow amendments to new rates they have released but not cancelling it altogether, and some will allow it to be cancelled no problems1
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