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Northern Rock fixed term coming to an end
BenC_2
Posts: 57 Forumite
Hi, my Nothern Rock 6.99% interest mortgage is coming to an end soon. Does anyone know what happens next, my LTV is way to high so I cant switch to another company will I just go on a variable rate?
Regards
Ben
Regards
Ben
0
Comments
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Yes Benjamin. My advice would be to continue paying what you have been to reduce the mortgage balance faster. Your new rate should be 4.74%.The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.0
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Excellent thanks, if thats correct I can make overpayments of £150 a month paying what I do now that should help reduce the mortgage quite alot.0
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