Fixed rate coming to an end

[SteveScooby]

Ladies and Gents,

Our mortgage is currently on a fixed rate with Northern Rock, which is due to expire in December. How early can you arrange a re-mortgage, do you have to wait until the end of the term or can it be arranged in advance for the transaction to go through when the current deal expires?

Cheers

Steve

[bod27]

Yes sorted mine out about 6 weeks before our last deal came to an end,

[SteveScooby]

Cheers, anyone know what the "earliest" it can be done is, with rumours of increasing interest rates ahead I'd prefer to do it sooner rather than later.

[scratch pervert]

SteveScooby said:

Cheers, anyone know what the "earliest" it can be done is, with rumours of increasing interest rates ahead I'd prefer to do it sooner rather than later.

3 or 6 months depending on which lender your new deal is with.

[batmanreturns]

With most lenders these days it's 3 months although the odd one still leaves offers open for 6 months in advance.

[vinnie83]

I would say about 3 months in advance is a good timeframe to do just that.

PM me if you need specific info.