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Mortgage help - would I be better off??

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  • CDB199
    CDB199 Posts: 67
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    i have already stated at the top that the mortgage repayment after redemption charge is 133,500 or thereabouts.

    current amount owed is around 131,000. the figure i gave is quoted from N&P as full redemption amount FYI
  • CDB199
    CDB199 Posts: 67
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    this may or may not change anyones opinions of what i should do moving forward?
  • CDB199
    CDB199 Posts: 67
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    Just spoken with my lender. They said at current overpayment levels I am due to pay off the mortgage in just over 9 years.

    Presumably then this would mean any different rates out there wouldn't give me a much better deal.

    The tesco and accord rates at wrote at the top would be 9 yr term but small increase per month payments.

    Quite possibly problem solved?
  • CDB199
    CDB199 Posts: 67
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    .??

    Can't see any great benefit of switching unless think rates won't be so great when I come off deal in 18 months time
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