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when to look for remortgage deal?
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mutley74
Posts: 4,033 Forumite
Our mortgage is fixed rate with Northern rock that finishes in May 2005. When is the best time i.e. how far in advance for when we should be looking for a better deal when that will revert to N/rocks standard rate.
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Normally advise to start looking around 6-8weeks before. However for a small fee N/rock will offer you any of there new business rates. Best at the moment (i think) is 4.99% fixed for approx 18 months. Hopefully will be lower by the time May comes round ::)independent mortgage/financial adviser martin@hendersonponsford.com0
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Agreed they offer a new deal , so worth asking BUT watch out - NR transfers
£250 admin fee in addition to the products's arrangement fee ( which varies from zero to £695!!! )
they may allow the "£1000 cashback/ help with costs! bit again this comes with its own 3 yr tieAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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