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NatWest fixed rate mortgage approved - can I change the rate?
Dalek01
Posts: 20 Forumite
We’ve been approved for a new mortgage by NatWest and hope to complete on our new house next month. We paid a £1495 (!!) fee to fix for 5 years.
If Natwest reduce their fixed rates before we complete, are we allowed to move to the cheaper rate?
Thanks for any help. I did ring them but I’m not sure if the lady understood what I was asking and I didn’t get a clear answer.
If Natwest reduce their fixed rates before we complete, are we allowed to move to the cheaper rate?
Thanks for any help. I did ring them but I’m not sure if the lady understood what I was asking and I didn’t get a clear answer.
0
Comments
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Yes, you can but do not leave it too late as you need it sorted before your Solicitor calls for funds (get the offer at least 7 working days before completion)I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.1 -
Thanks for your reply. Is there any danger they could reassess our application and withdraw the offer? Our circumstances will be the same.0
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