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Time to move to a fixed rate?
azwebservice
Posts: 3 Newbie
Hi,
I've currently got an HSBC mortgage, interest only for 3 years which ends in September 2007. I'm considering a fixed rate for the remainder of the mortgage with Kent Reliance BS. My o/s mortgage is £96k, which by adding an additional £2k to this over 23 years with KRBS is £606 per month.
I wants to know what I'll be paying so theres no surprises in the future.
Anyone any thoughts -good or bad move? If bad, any suggestions?
Also, anyone had any dealings with KRBS - again good/bad?
Many thanks in advance,
Peter
I've currently got an HSBC mortgage, interest only for 3 years which ends in September 2007. I'm considering a fixed rate for the remainder of the mortgage with Kent Reliance BS. My o/s mortgage is £96k, which by adding an additional £2k to this over 23 years with KRBS is £606 per month.
I wants to know what I'll be paying so theres no surprises in the future.
Anyone any thoughts -good or bad move? If bad, any suggestions?
Also, anyone had any dealings with KRBS - again good/bad?
Many thanks in advance,
Peter
0
Comments
-
...to be replaced by new higher rates.
Cannot say about Kent Relieance. Its a small lender.
Are you asking to remortgage now or in September?
If in September no point asking now as the rates can go up as well as down, but I am banking on up.
If you want to finish your mortgage early you would have to pay exit fees, early repayment fees, and the remortgage costs if going with a new lender.0
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