Renewal time...

empressemma

Hi, not been on this part if the forum before, hopefully I'm not asking a stupid question....:)

Our mortgage is up for renewal at the end the end of the month, and we've done nothing about it yet!! (Been helping with palliative care for my dad, and he passed away last week, so haven't been able to get to bank etc)

So, how can we get this sorted?? without using a mortgage broker who charges £400 :eek:

At the moment we're on a fixed rate, been on it for 3 years. Like the fact we know exactly how much is going out each month.

Basically, can someone point us in the right direction to get this sorted ASAP?

Many thanks, Emma

kingstreet

Check the follow-on rate, what will happen to your mortgage if you do nothing.

Ask your current lender what customer retention products is may offer you when your current fix expires.

Look at potential remortgage options both direct to lender and via a broker. Plenty of brokers don't charge £400 and will base their fee on the commission paid on the case. For example, the most we charge is £249. Plenty of others are similar to us.

Once you have fully researches the market, you should have a good idea of the right route for you...