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my question is how did you line up the timing to move to another provider? as mine will be 10-11 months out of sync with each other
rogan-
I had the same, so I currently have about 2.5yrs left on one mortgage, and 5 years on the other. Both with First Direct.
If the timescales end up sorting themselves out then I'll combine them.I think you can remortgage a bit early often too (if staying with the same provider) - if memory serves then there was a few months leeway - so it may be I can gradually bring them in line and end up with a single mortgage in one place.
But the early redemption cost was a few thousand so it was worth staying.
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I believe in that case the one that is still fixed will incur the exit charge which is usually a %.
duncs
spenceey
Exactly what I did with my current mortgage it was easier to have a second mortgage with the same provider to get around the fees.
About to move to another provider as the rate was too favourable to turn down so it'll mean both mortgages are redeemed.