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Fixed term finished
Murt
Posts: 5 Forumite
Hi,
Our fixed term has finished on our current mortgage. We have 15k left to pay. Could someone point me in the right direction to getting best deal on re-mortgage. Been reading that its a small amount for a mortgage and banks mightn't lend that amount?
Appreciate any replies thanks
Our fixed term has finished on our current mortgage. We have 15k left to pay. Could someone point me in the right direction to getting best deal on re-mortgage. Been reading that its a small amount for a mortgage and banks mightn't lend that amount?
Appreciate any replies thanks
0
Comments
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Have you checked what term you are on now? When my 3 year fixed term ended I went onto their variable rate which was half of what I was paying on the fixed rate as the interest rate is so low. So I have stuck with that and when I move (hopefully next year) I can pay off the mortgage and have no redemption fee to pay. :j0
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Ask your existing lender about its "customer retention" products. These may give you an alternative to your follow-on rate and will avoid some of the transfer costs of a remortgage.
You now owe so little, the impact of an interest rate is minimised.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Will make an appointment - many thanks for replies0
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