How does this stand up as a plan?

Steviewonder1970

I have posted similar to this before, but I am now a lot closer to making a decision.

In December, I will be paying off my mortgage. I will only have £13K outstanding over 5 years. I currently pay about £250 per month but I can afford to pay around £400, so I would like to reduce the term to 3 years.

I'm currently paying 8.99% (10 year fixed rate). Which has hefty redemption penalties. So I'm waiting till the end of the year when the redemption penalties have passed. However there will still be 5 years left on the mortgage. I want to reduce this to 3 years by paying more.

My plan: I intend to split the debt into two halves of £6500. The first half I will get a Northern Rock personal loan 5.7%(or the best deal at the time) payments over 3 years will be £192 monthly.

Now, the second half I intend to use 0% intro offers on credit cards to move the debt round paying off another £200 a month. I've currently got an egg card with 0% until 1st Sept and a £3500 limit. In July I intend to get an M&S card and then maybe a Virgin card in August. Thus by the time I get my Virgin card I'll have £6500 in my current account (or more likely in a savings account) for when i need the cash in December.

I know that 0% are getting harder to find and I don't mind the occasional £50 BT charge. Especially that come 1st April 2006 I can use the egg anniversary offer.

Overall the APR will be 2.85%

Any major flaws in this plan or can I borrow the money cheaper?

All help and advice greatly appreciated.