what to do?

ferritt_2

Got a letter yestaday from my mortgage company saying that at the end of this month I will be coming to the end of my fixed rate tie in. Now I will admit that I made the mistake of thinking I was tied in for 3 years but this letter states only 2 years. It also states 2 years in the small print so i will admit I made the mistake of not fully reading the contract, even tho the mortgage adviser said it was 3 years (CARTEL). Because i thought i was tied in for 3 years I have planned all my moneys matters around this but now it's 1 year earlier than expected I'm not sure what to do. I was planning to sell up and move between august and september 2008 (when i thought i was'nt tied in) this also just after all our loans are paid off. At tho mo we have 3 loans, (work van loan, car loan and one in my wifes name we got for her parents). What i want to knoe is should i just change mortgage and move when loans are paid off? but i have not found i deal where i'm only tied in for a year or should i just move now while still paying the loans. My wife is employed and i'm selfemployed and we could easily pay loans and new mortgage but with these 3 loans it would surely affect our chances and amount we could get. So i really need a mortgage where i'm only tied in for a year or if not the early redemtion fee is next to nothing?

any ideas

cheers

JoeK_3

Remortgage to a flexible product with no tie ins, that way you can leave them whenever you want.

JoeK