ReMortgaging Guidance

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Hi Guys & Gals

Looking for a little advice. Have downloaded the remortgage guide and will spend some time reading through it. Thanks for taking the time to write it.

I have 20 years left on my mortgage and I owe £72553. I currently am on a fixed rate of 4.99% which ends in April 2008. I currently have early repayment charges of £1598 and a closing admin charge of £225. I currently pay £543 a month (a little of the balance relates to £10000 borrowed over 10 years and has 7 years to run, interest rate is very similar to 4.99%).

I cannot afford to pay any more at the moment per month, kids and all that! We are looking to finish off jobs around the house, new bay windows, etc and need about £20k to £25k. If needed I will extend the length of the mortgage but only by a few years. I want a long fixed mortgage, the longer the better, 7 to 10 years, if possible. On top of the extra cash I'm worried about April 08 when my fixed rate runs out , can't afford for even one month on standard variable.

What I need are answers to these
1) When is the best time to remortgage for me, because of the repayment charges is it now a no go? We would love to finish the house.
2) What guidance can you give me. Please remember the points above.

Thanks in advance.

David