Fixed Rate Ending

purplesmiler82

Hi all,

I have a 3 year fixed rate with Aliance and Leicester that ends May 09, current rate 4.39%. Anyone know if there are any similar/lower rates available to remortgage. Ideally would like another fixed rate so that I know what my repayments would be each month.

Current figures.... mortgage amount left £73,947 approximate house value £95 - 100K

Thanks

opinions4u

Try https://www.moneysupermarket.com/mortgages.

I'd assume you house is valued at £95k if I were you.

feisty1

Pls note, "best advice" is always speak to yr existing lender first

Joe_Bloggs

@feisty1
If you were re-mortgaging in the next few months would you:-
1) Spend a lot on credit cards.
2) Take on a car loan.
3) Extend the limits of your finances such that you appear to be a bigger risk to a future lender.
Alternatively you could:-
4) Reduce your credit card and loan debts. Highest interest rate first.
5) Start savings accounts with prospective future lenders once step 4 is complete.
6) Check your credit reports for their accuracy.
7) Have the correct documents that prove income.
8) Save up for the likely cost of re-mortgaging.

Can you think of a better strategy given your inside knowledge and long experience.
J_B.

feisty1

sent.

JB All this depends on each individuals circumstances!? I really don't know where yr going with this. ie.....One would like to think most people kept an account of income whether or not rtmg, so i can't see the relevance of this being an alternative....if a person has an offset mortgage maybe they would be better off "offsetting" than opening new savings accounts...so all of this would depend on the overall picture...behind all of this, do u have an exact question?

dunstonh

Its a bit early to be looking at the current deals. most lenders will look at you 10-12 weeks before the deal ends. Feb would be the ideal time for you.