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5 Year Fixed or Capped Rate
billymac
Posts: 142 Forumite
I am doing a self-build at present which I expect to complete at the end of June. I have a mortgage facility in place at present to part-finance the build however want to secure a longer term fixed or capped rate on completion; ideally five years. This will essentially be a remortgage.
I will be looking for a mortgage of £230k against a final value on completion of at least £600k (I have had this valued by a surveyor already albeit based on the plans). I am in Scotland and have an excellent credit rating and history.
I would welcome any suggestions regarding either a specific deal which may apply at present or a route which I should follow to get the best deal. I have never used a broker in the past as have never seen the need as have been able to source excellent deals myself however fee levels are now pretty high that any route to a better deal is worth considering.
Any help here would be very much appreciated.
I will be looking for a mortgage of £230k against a final value on completion of at least £600k (I have had this valued by a surveyor already albeit based on the plans). I am in Scotland and have an excellent credit rating and history.
I would welcome any suggestions regarding either a specific deal which may apply at present or a route which I should follow to get the best deal. I have never used a broker in the past as have never seen the need as have been able to source excellent deals myself however fee levels are now pretty high that any route to a better deal is worth considering.
Any help here would be very much appreciated.
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