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Time to remortgage

malko
malko Posts: 55 Forumite
in Mortgages & endowments
anyone got any suggestions who i should approach. whats the best deals for a remortgage at the min. Would i need to pay any fees? For example who pays for the valuation (i would be looking to take 4 or 5k equity)

thanks in advance :D

Comments

  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    Sorry but not enough information here.

    Please post your property value, existing mortgage, proposed remortgage, incomes, credit history, etc.

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • Lipstick_2
    Lipstick_2 Posts: 85 Forumite
    malko wrote: »
    anyone got any suggestions who i should approach.
    A whole of market mortgage adviser is a good start
    malko wrote: »
    whats the best deals for a remortgage at the min.
    There are over 40,000 different mortgage products out there at the moment. It would all depend on your situation!
    malko wrote: »
    Would i need to pay any fees?

    There are valuation fees, booking fees, arrangement fees, broker fees, solicitor fees, etc. All these can depend on which way you go.
    malko wrote: »
    For example who pays for the valuation (i would be looking to take 4 or 5k equity)

    thanks in advance :D


    Valuation fees are either paid by you, or the lender depending on the product chosen by you.

    I know, it's a minefield.

    We mortgage advisers deal with all this every day

    Hope this all helps.

    Luv

    Lipstick
    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.
  • unclebatman
    unclebatman Posts: 54
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Forumite
    Hi
    Fairly newbie here, so please be gentle.

    Could I have a little guidance please ?
    I'm shortly due to come to the end of my tie in with Northern Rock (2 yr fixed deal, then 1 yr on variable rate) and want a new deal.

    Current details are: £77,000 outstanding on mortgage, plus unsecured loan needed at the time of £5,500 to top up, therefore overall balance £82,500. Plus £9,000 in further loan (5 years of 7 year loan remaining) and £3k credit card. House value is now approx £120k.

    Total outstanding overall = approx £94/£95k.

    What's my best way forward, and who with ?

    Any guidance would be appreciated.
  • JoeK_3
    JoeK_3 Posts: 1,374 Forumite
    Can you post this as a new thread.

    JoeK
    I am an Independent Financial Adviser.
    Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.
  • malko
    malko Posts: 55 Forumite
    Lipstick wrote: »
    A whole of market mortgage adviser is a good start

    There are over 40,000 different mortgage products out there at the moment. It would all depend on your situation!



    There are valuation fees, booking fees, arrangement fees, broker fees, solicitor fees, etc. All these can depend on which way you go.



    Valuation fees are either paid by you, or the lender depending on the product chosen by you.

    I know, it's a minefield.

    We mortgage advisers deal with all this every day

    Hope this all helps.

    Luv

    Lipstick

    thanks for the reply
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