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remortgage advice

Hi Guys,
I`m new to remortgaging and would like a bit of advice on the best way forward.
I owe £19,500 and would like to borrow another £10,000 over 15years.
Total remortgage needed £29,500
I got a couple of qutoes and the monthly repayments were approx £245 - £255 per month over 2yrs, fixed rate.

Any ideas or suggestion would be greatly appreciated.
To be honest it`s a minefield and my head is ready to explode.:confused:

Thanks

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Have you gone back to your current lender to see whta they will offer?

    It may be am option to stay with them as exit/set up fees may make it more cost effective to stay put

    HTH
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • I am with the Woolwich openplan and the current deal was over at the end of Jan. I did ring them and they offered me a rate of 6.8% which I thought was a little steep.
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