re-mortgage?

angiebabycircles

Hi thereall, would like some advice on best place to re-mortgage? Currently with halifax on 5.4% but this will change to a variable next month and with bank of england rates rising i don't consider this a good mortgage to stay with.
Looking for something with minimal fees and fixed rate?
thanx in advance

KTF

You need to see a whole of market broker as it is against forums rules to recommend any particular one here.

I would do it sooner rather than later though as it normally takes 4-6 weeks for the remortgage to take place.

regularsaver1

Have you also found out what Halifax can offer you going forward, obviously apart from variable rate

antoniomontana

they've got a 3 yr fixed rate at 5.69% currently

Luke

If they are like my bank then they will send you some offers in an attempt to keep you as a customer.

KTF

Luke wrote: »

If they are like my bank then they will send you some offers in an attempt to keep you as a customer.

They didnt when I had my mortgage with them (2 years ago). The retaining deals were uncompetitive as well as the best deals were reserved for new customers only.

lilacrose

I agree with KTF. Halifax seem to have no interest in hanging on to existing customers. Have just remortaged away from them to much better fixed rate, lower fee too than they had.

Luke

I have just this week gone on to a life time tracker 0.18% above the BOE base rate with no fee. I like the thought of not having to change every 2/3 years but we will just have to see what interest rates do.

MarkyMarkD

Luke, you don't have to keep the lender a secret - I presume that it's Woolwich/Barclays given the rate you quote?

Luke

Yeah thats right mate.

MarkyMarkD

It's still an amazing deal and it's been available for a good while now. I keep saying to people that it's worth considering in most circumstances - except for those who MUST have a fixed rate, I suppose.