changing mortgage providers

[krabik]

Folks

I am about 22 months into a 36 month fixed rate mortgage. Is it still possible to change providers at this time and get a fixed rate with another bank... which should be lower than the 5 odd % i am paying at the moment... And if so will the new provider pay the change over cost/fine from the inital provider as they were doing a few months ago I believe...

many thanks

KK

 

[JWMB]

Yoi will most likely pay a breakout fee from your fixed rate. Banks were previously paying for legal fee's . Most banks have withdrawn this. They never paid penalties from break out fee's as far as I'm aware

 

[krabik]

okay


thanks for the replies


I checked with the bank and they are now not doing anything like this in any shape or form.


thanks nayways


KK