Halifax Mortgage Deal - Does it seem reasonable ?

therealhyper

Hello guys,
My current 2 year mortage ended and I am looking for a new offer to go onto.

My current provider is offering a 2 year fix @ just over 2%.
I have £65,000 to pay (house value is over £350,000).

I have seen better offers out there (on the internet) which are offering better rates but are charging product fees (1% interest rates for 2 years + £2,000 fee's).

Just wanted your thoughts ?
Thanks

Royster82

I'd use a market comparison, or use a mortgage broker to see if you can get a better deal, does not hurt to look.

kevc1985

Have a look at First Direct, they have good rates and most don't have any fees

xyz123

Depending on ur plans to pay it off and personal situation , u can try to get longer fix for almost same interest, saving you hassle of remortgage again in which years and giving certainty of payment against possible interest rate rise.. We are in process of remortgage for 5 years at 1.99% with fees of 600 but we have a larger mortgage to pay off. Look for deals with no or little early repayment charge if u want the best of both worlds...

amnblog

You will find that Halifax will not offer the lowest rates available and their will be more attractive no fee fixed remortgage products available.

Whether you can get underwritten with a new lender, or whether you consider it worth the hassle for the potential saving is a matter for you.

Thrugelmir

Remortgaging to another lender isn't without cost in fees etc. Have you factored this into your equation? As the mortgage balance owing reduces. This has a real bearing on the financial benefits of doing so.