Switching Mortgage Whilst On Fixed Term

[Booldawg]

There is usually a financial penalty for getting out of a fixed term deal early but.....

I'm currently on a 5 year deal with Nationwide which is up in Dec 16. I've seen more attractive 10 year deals with the same company. What's the chance I can get them to put me on the 10 year deal without incurring any kind of penalty? Got to be attractive for them to retain a customer who's not missed a payment for another 10 years and I save 0.5% interest.

[rockyracoon]

If you don't ask, you don't get!

[Peter Pedant]

I am sure you can ask them

I am not sure if you have a fixed mortgage for 5 y which you will have to pay off unless you find another deal

or you have a fix for five years and then gho onto a standard variable ratee

anyway wither way - you have to ask - them

[Booldawg]

will do! He who dares Rodney!