Re-Mortgage Brokers Advice

Albert_32

Having got L&C's free booklet on re-mortgaging, I have asked L&C and Savills to look in the following:-

1) Fixed Mortgage for either 3 / 5 years
2) Re-mortgage or £112,980 over 24 years
3) Repayment loan
4) Tie In's OK for the three or five years


Has anyone shed some info on the?

1) Rough costings expected through valuation and legal fees
2) How much you would expect in commission
3) Any loopholes to watch out for
4) Is it better to go for 5 years fixed as by the time you add all the costs up in re-mortgaging you need at least a couple of years i.e 3+
5) Could you get the info from them and then go direct to the lender (cut out commision)
6) Monthly or Annual Interest what is real cost
7) How long the process takes


If anyone can offer any advice I would appreciate it - I know I have asked alot of questions but any help would be great!


Cheers,


Albert

Albert_32

Cheers Chris for taking time to give me a few pointers.

Will give them a bash and see if I can get some good info.

Thanks matey

Albert

herbiesjp

What is the value of the property?
What are your earnings - roughly?
Who is your current lender?

These are questions that would need answers to enable someone to give some feedback to you.