News1 min ago
Any Mortgage Advice...existing Lender Vs Moving
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Hi, just wondering anyone can answer a question we have. We have a mortgage and need to renew it when it comes out of the fixed rate period in three months time. Now, if we stay with our existing lender, we note that their rates are not anywhere near as good as if we were a new customer. Why would a lender not want to retain existing customers by offering them better rates? It seems quite nonsensical?
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