Lloyds remortgage help

colette01!

Hi, my fixed rate mortgage with Lloyds is about to end and the rate is going to be 3.99%. My house is up for sale and I did have a buyer, so I was just going to leave it as was getting another mortgage through a broker. The sale having fallen through and no idea when i will get another buyer, i want to see if i can reduce the interest rate without having any early repayment charges.
My broker says they can't do anything because the current lender is Lloyds. When i went on-line to LLoyds, there were only 2 offers, one fixed for 2 years with a 3% early repayment to 30/04/19 and then 1.75% until 30/04/20. The other was fixed for 4 years.
I feel stuck and don't even know if i'm asking the right questions. If I am genuinely stuck until I can find a buyer and find a new mortgage, I can learn to live with that and would welcome some advice about how to avoid this in the future. But if I could find a way of negotiating a cheaper rate that would be great.
Thanks for any advice.

Maka344

You could move to a deal with no early repayment feet!!!8217;s but that product will have a fee of around £1800. You need to figure out whether it!!!8217;s worth it or just remain on 3.99% until you sell. Seems like you sold once so shouldn!!!8217;t be long before you get another buyer.

Good luck.

colette01!

Thanks for replying - much appreciated.