Good Current Mortgage deals?

alistairolsen

I've sold my flat, have the capital in a bank account and have been house hunting.

RBS will maintain my current mortgage deal which is a flexible choice tracker with no early repayment charges, currently sitting at 3.2%, £68k to repay over 18 years. To purchase a new property I will need to borrow more and they have indicated the additional borrowing would need to be on one of their current deals.

Alternatively I can ignore their offer and go elsewhere, but I'm not sure where... I spoke briefly with the broker at my estate agents but they were looking for a flat £999 fee for arranging the deal which seemed steep to me.

Im looking at putting down a 15% deposit on a property of between 125 and 150k and planning to stay there for 5 years or less.

Are fixed rate deals worth looking at at the moment?

Any advice would be greatfully received!

Thanks

Gromitt

I wouldn't be surprised if the EA is getting at least £500 of that £999 as a referral fee, hence why it sounds expensive.

Have you had a look on Moneyfacts?

http://moneyfacts.co.uk/compare/mortgages/best-sellers-mortgages/?hp