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Any expert advice?
mad__money_2
Posts: 32 Forumite
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.
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.
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Can anyone advise please?
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