Is it worth calling your mortgage provider to explore alternative deals?
in Mortgages & endowments
7 replies 470 views
Hi everyone. I appreciate that I may be asking a silly question but, if I don't ask, I don't know! 🙂
I am with santander and my deal ends early June. L&C are exploring alternative deals out there at the moment and santander have proposed various products via my online acct. Now for the silly question: Is it possible that they may offer a better rate, or zero out product fees, if I were to call and ask - or is this just wishful thinking? Has this ever happened?
LTV is around 40%
Thanks all. Your thoughts really are appreciated.
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Worth giving them a call and then its luck of the draw whom you speak to
Tell them you areseeing better deals, have a few names in mind
if you have kept payments up to date and have a substantial loan, I'm sure they will give you a dosocunt,
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Those products are the same for everyone in the same category. For example under 60% LTV will be the same for everyone under 60% LTV.
You cant negotiate a better deal, its basically a case of here is what we are offering, take it or dont.
Lenders have to treat all customers equally. So I would probably just see what the broker comes up with and take it or go elsewhere.
The best thing to do is get a Mortgage Broker to find you a better deal.