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alliance & Leicester mortgage maturing
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What rate are you paying and what is your LTV?
a couple of examples
for good LTV rates are under 2%
£64k 2% £800pm 7y 2m
or a 10y fix/term with £1k fee 2.59%.
£65000 2.59% £616pm0 -
Contact you lender on monday and set up a standing order to repy what you can afford each month.
If you can afford £800 a month you will reduce the outstanding balance by 2019.
Even at 4% £64,000 over 10 years would only cost £650 a month.
ACT NOW0
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