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3 yr fixed rate runs out march 2010

im wanting to move house and my fixed rate of my current house is out in march 2010,and im wanting to move house- the rates on the current mortgage are high so will be moving lenders in march...any advice on how i go about my mortgage if i wanted to go to another lender in march (which i will as there are better deals out there) 1) would i renew it for my current property price and then tell them that i will be wanting to up the loan to cover the new property price in a few month or 2) do i put my house up for sale and tell the estate agents i cant move unitl march and then just get a mortgage set up for the new property and try make the moving date then or is that as sensible as pigs fly! lol.
p.s i havent bought the new house yet but have seen 1 i like thats why we are confused.getting my valued this week so we know how much its worth for deposits on new mortage etc :rotfl:

Comments

  • Joe_Bloggs
    Joe_Bloggs Posts: 4,535 Forumite
    You have answers to this and the identical question here.
    J_B.
  • Do people actually review what they have written before posting it?? “..as sensible as pigs fly”?? What the hell is that!?
  • err actually it said the 1st one didnt work-so calm yourself:money::money::money::mad:
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi Maria
    It normally takes at least 6/8 weeks to sell a property if not longer and you need to find out if you can afford the property you like.
    Off to the mortgage people or look on the websites for the type of mortgage you want and how much deposit you need.
    Your current deal runs out in March and you need to read the paperwork to find out what the mortgage rate reverts to at the end of the fix!
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    Do people actually review what they have written before posting it?? “..as sensible as pigs fly”?? What the hell is that!?

    You should have reviewed that too - it makes you sound mega stupid.

    Unlucky.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • billa_champion
    billa_champion Posts: 226 Forumite
    edited 17 November 2009 at 12:30PM
    Well maybe I am, but can you explain what “..as sensible as pigs fly” means?
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