Can I get a remortgage offer in advance?

Jmoo

My mortgage fixed term rate runs out in February - eight months time. Is it possible to get a remortgage offer now and review in six months time whether to take it?

naf123

I have the same situation! Is there any way I can lock in a rate now?

kingstreet

If you choose a new lender with a long enough offer period, or who can extend an offer, then yes.

naf123

kingstreet said:

If you choose a new lender with a long enough offer period, or who can extend an offer, then yes.

So I need to change away from Barclays (my current provider?) in order to find a lender with a long enough offer period?

kingstreet

A product transfer (retention product from existing lender) and a remortgage (new mortgage from new lender to replace current one) vary in how they work.

I commented on the remortgage option as that was the subject of the thread. Product transfer options are lender-specific so you would need to refer to Barclays for such information.

simon_or

Yes, though I think it's only a few big banks that have a policy that gives you an offer validity of more than 6 months. Nationwide comes to mind as a bank often cited on this forum for this through rate reservation or something like that.