End of Natwest fixed term.

GatwickFlyer

Hi. When my Natwest 2 year fixed term ends in a few months I wish to move to the standard mortgage so I can overpay without restrictions.  After I'd like to return to another fixed term. My question is . Will the new fixed term offer be the same , as the one offered before I temporarily move to the standard ?  House is £400,000 , mortgage £38,000 overpayment £18,000 ? I wouldn't like to be stuck on the standard rate for to long. Thanks

DigForVictory

I'd suggest a mortgage broker so you have the smallest possible gap between one & another fix but can still get the overpayment in. It sounds a bit more than the average mortgage advisor in store can handle & definitely more than online algorithms!

Hoenir

For a £20k mortgage remaining with the NatWest seems the easiest route and cheapest. Let the current product term expire. Make the overpayment the day after. Ensure the funds are received. Then refix with a new product.