alternatives to re-mortgage?

tellme_why

Hi,
My mortgage fixed period is about to expiry and planning how to re-mortgage.

I only left about 5% of the house value to - say about £ 30k.

With this relatively low amount any re-mortgage is killing me with expenses.. YBS for example charge > 1k just for expenses. Under current terms I would have to pay an hefty 4% per year if I want to repay say in 2 years (saving any penny I can!)..

Could you advise any alternative financing for 2 years ?

Many thanks

anna42hmr

tellme_why wrote: »

Hi,
My mortgage fixed period is about to expiry and planning how to re-mortgage.

I only left about 5% of the house value to - say about £ 30k.

With this relatively low amount any re-mortgage is killing me with expenses.. YBS for example charge > 1k just for expenses. Under current terms I would have to pay an hefty 4% per year if I want to repay say in 2 years (saving any penny I can!)..

Could you advise any alternative financing for 2 years ?

Many thanks

have you asked your existing lender of their product transfer rates / range as they don't usually charge fees / valuation costs etc to transfer to a new product as you keep the same mortgage.