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remortgage offer

just got back from my broker, he tells me that in his opinion this is my best bet . c+g, term tracker bank base rate +1.39% . £56,035 for 20 years at £414.16. this carries fees of £400....now i'm fairly sure this is going to be ok , but will ask on this forum if any one knows of a possible deal he may have missed... none hopefully..thanks in adv

Comments

  • Fortyfoot
    Fortyfoot Posts: 1,961 Forumite
    Part of the Furniture 1,000 Posts
    Have a look at the Nationwide, and then remortgage in three years.

    Fortyfoot
  • luckyfool
    luckyfool Posts: 1,683 Forumite
    We have nowhere near enough information to even come close to second guessing the product you have been recommended.
  • adaze
    adaze Posts: 623 Forumite
    Part of the Furniture Combo Breaker
    Just been looking at the Nationwide offers at the moment, seem to be the best for me at the moment too.

    From the small bit of research I would tend to think that over the next two years rates will fall, hence a preference for a tracker. Is this a common consensus? I know you can never predict what will happen ;)

    On another note for remortgaging how do you "prove" an increase in property value. We have done a lot of work to our house and (IMO) increased the value, but how do I let the mortgage people know :confused:
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