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Fixed rate mortgage ending soon

timhughes
Posts: 1 Newbie
My fixed rate mortgage with Alliance and Leicester ends soon. A&L are offering a variable rate to me of 4.99% which is way above the base rate or other products all with fees. To access a low rate product elsewhere costs money in fees and redemption costs. Does no one do a variable rate mortgage anymore at a sensible level above the base rate for new business. What should I do?
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