Remortgaging/Fixed rate interest

01afraser4

Hi all

So, my partner and I bought our property together back in 2017 and our first Fixed Rate mortgage is due to end on 28th Feb this year. The interest rate is currently 2.04% with Halifax.

We have a repayment mortgage and we have now fallen below 80% LTV so while we had a good initial interest rate as first time buyers, I was hoping/expecting that as we had fallen below the 80% LTV we would get another competitive interest rate on a 2 year fixed term.

However, looking online with Halifax, the best offer that is showing available to us would be a 2 year fixed rate mortgage at 3.29%.(note that this is simply based on property value and outstanding mortgage - no additional details provided).

Ideally, we would like to save the hassle of remortgaging with someone else, however this rate is, in my opinion, rather shoddy.

I have had a look on comparison websites and there are dozens of providers willing to offer rates below 2% so we would actually save a little money.

Anyway, to get to my question and ask for your advice:

Are mortgage rates set firmly in stone and what you see is what you get? Or is there wiggle room, for example if I make an appointment with Halifax, show them the rates I am being offered elsewhere, are they able to offer me better terms than their online calculator?

Any help is appreciated.

Thanks