The rate you took to buy the plot does not last forever. When it ends, a product transfer with that lender can be simpler, but it is not always cheaper than a remortgage, and some new-build restrictions fall away once the home is occupied and the warranty period has moved on. We compare both in time for the change.
- A review started about three months before the rate ends
- Product transfer with the current lender compared with a remortgage
- Early repayment charges set against the saving, before you give notice
- The booked rate kept under review if prices move before completion of the switch
Deal not ending yet? Tell us the month and we will diary the review