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mortgage offers
naf123
Posts: 1,711 Forumite
My 1.84% fix is ending May. I have locked in with my current provider (Barclays) and managed to secure 3.89% for 5 years with Santander.
Is there any harm me applying for mortgage offers with as many banks as possible so that nearer the time, I can switch to the best rate possible?
Is there any harm me applying for mortgage offers with as many banks as possible so that nearer the time, I can switch to the best rate possible?
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Comments
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Yes. It will look very dodgy and could result in them all getting cancelled.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Just monitor the market via a spreadsheet, if the rates drop come March/April, then making one switch won't hurt but certainly don't apply to "as many banks as possible".
3.89% is decent.1
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