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remortgage advice

our fixed rate comes to an end at the beginning of january

we will have a balance of £72k and need to borrow and extra £20K for the work needed on the house (currently valued at £140K)

mortgage term would be £92K over 23 years

what would you do?? do I get a deal now? Wait to see what interest rates do? What type of deal do I get??

What would you do??

Comments

  • apk1
    apk1 Posts: 162 Forumite
    As the market is in a state of turmoil at the moment I would tend to hold on for a month or so to see if rates settle.

    At the moment fixed rates tend to be coming down slightly, but trackers seem to be rising.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. 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.
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