is this the best product at this moment?

sablade

is this the best product

my current mortgage needs to be renewed

I have been offered an Abbey 2 yr fixed 4.88% with £799 fee added to loan, £1300 redemption for the 2 yrs

pls help

thank you

david29dpo

sounds nothing special to me. just changed with nottingham to 4.9% for 3 years with no fee.

herbiesjp

sablade wrote:

is this the best product

my current mortgage needs to be renewed

I have been offered an Abbey 2 yr fixed 4.88% with £799 fee added to loan, £1300 redemption for the 2 yrs

pls help

thank you

Nobody can really tell as you have not posted any figures of what you are currently paying.
Also needed would be property value, mortgage needed, term etc

This way we could see if it is worth paying the high arrangement fee or not - don't forget you will probably pay an exit fee to leave your current lender (who is the lender and what is that fee?)

HTH

mbailey

sablade wrote:

is this the best product

my current mortgage needs to be renewed

I have been offered an Abbey 2 yr fixed 4.88% with £799 fee added to loan, £1300 redemption for the 2 yrs

pls help

thank you

Check out Yorkshire BS.

2yr fixed 4.74%
3yr fixed 4.89%

Free legals and free valuation (You have to pay upfront, but it is refunded on completion)
£599 fees with £200 refund if complete by end of year.