Santander fixed rate due to end what to do next

alice's_mum

Hi am after some help with what to do next. our current fixed rate with Santander of 3.49% is due to finish end June 2011 we contacted them to see what they were going to offer us.

So they offer us 3.79% with fees of £799
3.89% with fees of £699
or 4.24% with no fees

Now I wasn't very impressed with this and asked why we couldn't be offered the rates that they have advertised of 3.29 etc, but was told they are for new customers only.

Ok so where will give us a better deal if any where

our mortgage has 12 years left to run
£71937.10 outstanding
of which £30K is endowment, £25k of which is due to pay out in August 2013 and is more than on track to make its target.

So anyone point us in a direction for decent deals.

Thanks in advance

RosieTiger

Look at the guide to mortgages on this site. Choose a broker who quotes for all of the Market. London and Country were the best according to MSE last time we changed.
I would never just accept your current providers offer. As a matter of principle the only way to make them understand that better deals for new people over existing is a disgrace, is to walk and go elsewhere.

alice's_mum

thanks Rosie, Sorry i have realised I have put this in the wrong board I have re posted inthe right one...

dimbo61

Not sure if you have posted on the wrong board as we all want to be Mortgage Free I think.
Now in 2 years the endowment may pay out more than the £25K it needs to ! and I guess you are looking at 2 year deals.
Can I ask why! do you like remortgaging every 2 years and paying out for fees
Have a look at YBS offset mortgages as they may suit you and think long term with 12 years left on the term