We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Remortgage with HTB?
sliyk
Posts: 13 Forumite
Hi guys,
I have a few questions about my current remortgage situation with Help to buy.
I am currently on 1.49% (repayment of £844) initially 35 year deal with 32 years 11 months left. My rate finishes on 2 may 2020. Santander have offered me a re-mortgage of 1.44% fixed for 2 years with £999 product fee.
I also have a help to buy loan of approx 75k. This will need repaying in the latter half of 2022.
my questions are;
-When remortgaging, do I need to inform the HTB authority?
-Should I contact my mortgage advisor and see if he can offer me better deals?
-If he cannot but asks me or tries to entice me to go with him should I? ( he tried to sell me expensive life insurance and I didnt accept)
The Santander remortgage offer is very attractive. It will be tied down till May 2022 and by then I will have the option of paying off the HTB loan via another re-mortgage. Just wanted to see what people thought.
Thanks.
I have a few questions about my current remortgage situation with Help to buy.
I am currently on 1.49% (repayment of £844) initially 35 year deal with 32 years 11 months left. My rate finishes on 2 may 2020. Santander have offered me a re-mortgage of 1.44% fixed for 2 years with £999 product fee.
I also have a help to buy loan of approx 75k. This will need repaying in the latter half of 2022.
my questions are;
-When remortgaging, do I need to inform the HTB authority?
-Should I contact my mortgage advisor and see if he can offer me better deals?
-If he cannot but asks me or tries to entice me to go with him should I? ( he tried to sell me expensive life insurance and I didnt accept)
The Santander remortgage offer is very attractive. It will be tied down till May 2022 and by then I will have the option of paying off the HTB loan via another re-mortgage. Just wanted to see what people thought.
Thanks.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards