Charge for changing to new fixed term with existing lender

[Toddlerboozerepeat]

Is it normal to be charged over £1000 on a £500k mortgage to stay with the same lender and move onto a new interest rate which has gone up !!???

[Toddlerboozerepeat]

Feels better to remortgage and pay a fee for a better rate ? Why should I stay loyal

[dinosnorezzzz]

I wouldn't! For that I would swap what's the point in staying?

[Toddlerboozerepeat]

How can they charge us each time the fix ends!!!

[SomeSmotheringDreams]

I'd say it's perfectly normal, it's always been like that in my experience. Presumably if you go to a different lender, there will be an application form to complete and you'll need to pay for a valuation.