Remortgage question

pmc2011

Hi all,

Sorry this has most likely been asked a good few times before!

Basically - I had mortgage A which started late 2011 - fixed for 2 years.

I then, with the same provider, took out another mortgage in 2012 when I moved property (mortgage which is fixed for 5 years.

Mortgage A is due to come to an end in August at which point I will remortgage. When I remortgage the amount will only be mortgage A.

Is the LTV figure when I remortgage, if this is to a different provider:

Mortgage A + B

or

Mortgage A only?

Thanks!

Thrugelmir

If you remortgage to another lender. Then you'll need to redeem both the current products. On product B you may well incur an early repayment charge. Which may negate any benefit of switching.