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Mortgage Advice please

Hi can anyone advice about my standard varible mortgage with Halifax. I have about 20K outstanding on the mortgage.

Please can someone advise what the best options are with respect to getting a fixed mortgage or stick withn the current one?

What is the best deal going?

Any help on the matter is greatly appreciated

Grover

Comments

  • Crashandburn
    Crashandburn Posts: 374 Forumite
    Issue you'll have is the loan size. If remortgaging, some lenders will do a min loan of £25,001.

    Key part is the length of term you have left. If repayment over say 3 years, then the interest element will be very minimal which possibly wont outweigh any costs in remortgaging. Sticking at the 3.5% may be a good option. Worthwhile seeing what internal fee-free products Halifax can offer you if the issue over rising rates is a concern
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