Our fixed rate with current provider coming to an end. They wrote to us offering options.
Options offered not great, so wondered is switching to another provider still an option in this market? I'm being told that its not possible to move at all! (Current provider stated this. I asked why, as we have no financial difficulties, and they said no banks are taking on new customers unless we are seeking a mortgage as new first time buyer customers).
Question: Do we have to stay with current provider or can we move if another will take us, or are mortgages offered now only to new customers starting out?
Thank you.
Emma
Options offered not great, so wondered is switching to another provider still an option in this market? I'm being told that its not possible to move at all! (Current provider stated this. I asked why, as we have no financial difficulties, and they said no banks are taking on new customers unless we are seeking a mortgage as new first time buyer customers).
Question: Do we have to stay with current provider or can we move if another will take us, or are mortgages offered now only to new customers starting out?
Thank you.
Emma