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Best rate for fixed?
Ivrytwr3
Posts: 6,304 Forumite
Hey all,
We would really appreciate some help and advice on this one please!
1. We currently have a mortgage with A&L; the 5 year fixed rate is due to end Dec 2010.
2. The purchase price of the property was £94k and the mortgage was for £84k (we have about £75000k left to pay) - So deposit will be the equity, approx £24500k
3. Our house has sold at £99k and the next property we are looking at will be about £171250.
4. No savings (well, enough for moving, solicitors fees etc).
5. Joint income is about £40k.
6. Looking at a fixed rate of 5 years, 4 or 3 years.
No other debts, could scrape a few grand together if needed.
Can anyone offer some advice for the best deal for us?
If you need any other info, please let me know!!
Thanks for all who help!
We would really appreciate some help and advice on this one please!
1. We currently have a mortgage with A&L; the 5 year fixed rate is due to end Dec 2010.
2. The purchase price of the property was £94k and the mortgage was for £84k (we have about £75000k left to pay) - So deposit will be the equity, approx £24500k
3. Our house has sold at £99k and the next property we are looking at will be about £171250.
4. No savings (well, enough for moving, solicitors fees etc).
5. Joint income is about £40k.
6. Looking at a fixed rate of 5 years, 4 or 3 years.
No other debts, could scrape a few grand together if needed.
Can anyone offer some advice for the best deal for us?
If you need any other info, please let me know!!
Thanks for all who help!
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