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Can i get a better mortgage deal?
mark_steps
Posts: 867 Forumite
Last year myself and the OH bought a flat for the first time. In the end we went through Halifax at a rate of 6.01%. Gulp i know! Now the House was then valued at £84000 since then we have done a few bits and is now valued at £90000.
Our mortage repayment is about £470 a month. We used all our savings to put as a deposit to the mortgage. Now with everything that is going on we would like to try for a better rate. However we now have no savings as we have been constantly spending in the house.
Is that us at a lost end? Or can we see light? The early repayment charge is £3300....
Please if anyone can suggest anything..
Our mortage repayment is about £470 a month. We used all our savings to put as a deposit to the mortgage. Now with everything that is going on we would like to try for a better rate. However we now have no savings as we have been constantly spending in the house.
Is that us at a lost end? Or can we see light? The early repayment charge is £3300....
Please if anyone can suggest anything..
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Comments
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I find it hard to believe that your house has risen in value in the last year... most have plummented in value!
How much is yopur actual mortgage for and fixed for how long?
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