Mortgage deal running out soon

angelak_3

I am currently with the C&G on a discount mortgage (1.5% discount). I am looking for a similar type deal. C&G will offer me 1.35% discount on their SVR for 2 years.

I am looking to borrow £115,000 on a house value of around £299,000. I don't particulalry want any redemption penalties, but I don't mind them if I can move the mortgage with me if I move house, what I don't want is any redemption penalities longer than the discount/fixed period. I also want to be able to pay off more each month (I currently over pay £300 a month and I would like to be able to do that without any problems). I am really open to advice on a discount, capped or fixed mortgage if the deal is good.

I am happy to stick with the C&G but I would like any advice on any better deals out there.

Cheers Angela

kjharve

It's unlikely these days that you'll find a mortgage with ERCs that extend beyond the deal period, so not too much to worry about there.

You may have a bit of success by trying a site like MoneyFacts to try to find a deal that matches your needs. Alternatively, find a mortgage advisor. Sounds as if a flexible mortgage would meet your requirements although the interest rate may not be so competitive as more standard mortgages. Depends what your priority is though.