Any expert advice?

mad__money_2

We are needing to remortgage!!

I've been in touch with the Halifax and have received information through, which I think sounds ok!!

So long as our house is valued at or around £130,000, we hope to borrow £90,000 (to consolidate debt of £20,000).

We've been offered a fixed rate of 4.69% for 2 years, does this sound reasonable? Should we be looking for a longer fixed rate?? Do you reckon rates will be much higher in 2 years. We are going repayment over 20 years but hope to decrease the term over the next few years.

I arranged for a mortgage advisor to come out tonight, do you reckon she could get us a better deal or should I cancel?

Please help if you can. We can remortgage without penalty from 1st October so want to get the ball rolling now. My husband is in a low paid job but our tax credit is high.

mad__money_2

Can anyone advise please?