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urgent advice wanted
pumpkin30
Posts: 51 Forumite
Hello all. New to this site would be gratefull for for some advice.
currently have £91k left on mortgage on 5 year fixed 5.8% (halifax) due to end June 2009. just had house valued at £130k, LTV approx 70%.
We are currently paying off some credit card debt due to be paid off within 2 years, then we will be moving house. Halifax offered 5.19% 5 yr fixed or 2.79% svr 5yr , or automatcally go on 3.5% as we are looking to move is it best to just go with the 3.5% then remortgage when we move on to a long term fixed? thanks for any advice.
currently have £91k left on mortgage on 5 year fixed 5.8% (halifax) due to end June 2009. just had house valued at £130k, LTV approx 70%.
We are currently paying off some credit card debt due to be paid off within 2 years, then we will be moving house. Halifax offered 5.19% 5 yr fixed or 2.79% svr 5yr , or automatcally go on 3.5% as we are looking to move is it best to just go with the 3.5% then remortgage when we move on to a long term fixed? thanks for any advice.
dfw nerd no - 1187
0
Comments
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Course - if your planning to move it doesn't make much sense tying yourself in for 5 years. Not sure what you mean by 2.79 SVR 5 yr - whats the 3.5% fixed, variable?0
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sorry
2.79% is above base rate
3.5% is variabledfw nerd no - 11870
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