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Fixed rate, fees and mortgage lenders...?
jessicajay
Posts: 13 Forumite
Hi there.
I've been with Direct Line for 2 years with a fixed rate mortgage (4.69%). I am now looking to remortgage, but I am having problems because I live above a hairdressers. There are only a few lenders that are happy with this
The best a mortgage broker can find is 6.4% with Alliance and Leicester. Is this good?
I have read a lot on this forum about exit fees, but does this mean I will still have to pay mine with Direct Line? The contract showed £295 - but I've seen people claiming back these amounts. Can I contest this fee?
To remortgage, how much am I likely to spend (solicitor's fees, expensive valuation fees etc. etc.)?
Very confused.
Jessica.
I've been with Direct Line for 2 years with a fixed rate mortgage (4.69%). I am now looking to remortgage, but I am having problems because I live above a hairdressers. There are only a few lenders that are happy with this
The best a mortgage broker can find is 6.4% with Alliance and Leicester. Is this good?I have read a lot on this forum about exit fees, but does this mean I will still have to pay mine with Direct Line? The contract showed £295 - but I've seen people claiming back these amounts. Can I contest this fee?
To remortgage, how much am I likely to spend (solicitor's fees, expensive valuation fees etc. etc.)?
Very confused.
Jessica.
0
Comments
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The contract showed £295 - but I've seen people claiming back these amounts. Can I contest this fee?
No-one has been claiming the fee back in full. Only the difference, if there is one. your contract shows £295 and if that is what they are charging now, then that is what you need to pay.To remortgage, how much am I likely to spend (solicitor's fees, expensive valuation fees etc. etc.)?
Depends on the deal.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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