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2 year mtg deal up in June 2010

I have a mortgage with my daughter and the 2 year fixed period is up in June 2010. What/when is the best time to look around and what should we be doing? Do we have to pay more arrangement fees etc.

Comments

  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've just arranged a deal for next April now,i've got 6 months to take it or decline if something better comes along.
    Official MR B fan club,dont go............................
  • What is the SVR the mortgage will revert to- it may be cheaper than finding a new mortgage for now.
  • eebee
    eebee Posts: 61 Forumite
    My tracker mortgage deal ends end of Feb 2010 with Nationwide. I'll phoned them yesterday to find out what interest rate I would pay if I did nothing as it would automatically go onto the standard rate. My tracker rate is 2.68%, the standard rate is 2.5%. I'll be better off not doing anything!!! So it's worth finding out what your rate will be if you do nothing.
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