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thicko needs advice

jeffers7737
Posts: 1 Newbie
My mortgage is about to finish we owe £38000 and are currently overpaying by £350 a month,the rate is 2.99 RBOS rate about to rise to 4.29.I have no idea which direction to take has anyone got any advice as what i should do next,thanks in advance.
0
Comments
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Your options are:
1) Do nothing and accept the rate RBS are moving you on to.
2) Ask RBS for alternatives (they may or may not have other deals).
3) Remortgage to a new lender, assuming there is equity in the property (see a broker or approach another lender directly).
I'd suggest option 3.0
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