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Remortgage deal
craig_1983
Posts: 39 Forumite
Hi, my current 5 year fix with co-op finishes around sep 25. Current balance outstanding is about 76000 on initial 120,000 house I bought. If I drop another £7k on mortgage co-op will offer me a deal about 3.39 on 5 year fix.(LTV will be under 60%) with a product fee about £999.
Looking around legal and general have a deal which is 5 year fixed for a rate of 3.49. That's without me putting down 7k. Also there are no fees.( the LTV is 75).
It's the first time I'm remortgaging, so would like some recommendations plz. A little confused. If I do choose legal and general I might go on svr with co-op which is 4.74 till I switch over.thanks :mad:
Looking around legal and general have a deal which is 5 year fixed for a rate of 3.49. That's without me putting down 7k. Also there are no fees.( the LTV is 75).
It's the first time I'm remortgaging, so would like some recommendations plz. A little confused. If I do choose legal and general I might go on svr with co-op which is 4.74 till I switch over.thanks :mad:
0
Comments
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hi craig
look at all the costs involved including fee from coop for moving away if you do change lenders
any broker will be able to do you a comparison to see which is the best option for you taking all costs into accountI am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, feel free to check our website for our registered number. 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.0
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