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less than 2 years to go
Raesik
Posts: 1 Newbie
My current fixed rate mortgage is due to expire but I have less than 2 years to run until my 25 year term is finished - can someone advise whether I can apply for another 2 year fixed rate even if my term expires before the end of the rate?
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Comments
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Highly unlikely from what we've seen on here previously.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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What the size of the mortgage follow on rate and planned payment.
With 2 years to go the savings may be quite small.
Other options to consider are taking out a BT CC and paying of the mortgage and then just paying off the card, fees may nake this marginally better
Get a long 0% purchase card and overpay the mortgage with the saved cash then pay down the card.0
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