Is it possible to change from a fixed rate to a variable rate mortgage with same bank immediately after drawing down if transaction has completed and no first payment has been made?
Reason I ask is that it costs to break from a fixed but not from a variable rate and the plan is to switch asap after cashback is received.
The bank has not been asked yet, wanted to sense check it here first.
Thanks.
Reason I ask is that it costs to break from a fixed but not from a variable rate and the plan is to switch asap after cashback is received.
The bank has not been asked yet, wanted to sense check it here first.
Thanks.