Another mortgage question:
Based on previous advice here, we have a new rate locked in for August when our current fixed deal expires . This rate is lower than that which is currently available but we’d now like to borrow slightly more money (an additional %15 borrowing, LTV remains broadly similar).
Will Nationwide cancel the old rate and do the whole lot at a new (worse) rate, or just add the additional borrowing at the new rate?
Soul
Dramatic_Hammer
Another mortgage question:
Based on previous advice here, we have a new rate locked in for August when our current fixed deal expires . This rate is lower than that which is currently available but we’d now like to borrow slightly more money (an additional %15 borrowing, LTV remains broadly similar).
Will Nationwide cancel the old rate and do the whole lot at a new (worse) rate, or just add the additional borrowing at the new rate?