fixed rate ending i gone on SVR how do i shop around for new rate

curlyboy

hi all we have just sold our house
im in a fixed rate till feb 2014 - 5.89%

My new mortgage is £84,250
come feb 1st 2014 I go on SVR with Halifax 3.99

I will approx. 80% LTV in my property possibly slightly more

how do I choose the best deal for example ive seen 80% ltv mortgage with post office for 3.19%

do I apply ? is it remortgage ? when I apply do they value my house and determine how much its work and tell me how much its worth?

how does it work when your fixed rate end s please

thanks

beecher2

I take it you've ported your rate? I wouldn't bother looking at available rates if your deal doesn't come to an end for another 6 months - nearer the time see what Halifax can offer you and go and see a mortgage adviser to help you look at alternatives.

It would be a remortgage if you went elsewhere, they would value your house, work out your LTV and offer you something accordingly.

curlyboy

nice one thanks for the advice there are a lot of good 80% ltv deals at the moment