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What to do?
seagulls01_2
Posts: 2 Newbie
I have 15k left on my mortgage. My last deal ended recently. Now I’m paying 4.2% on it.
i don’t really want to borrow more, so what do I do. I’ve been offered deals, some very good, but again, by borrowing more.
ive looked at just getting a loan.
can anybody offer some suggestions.
i don’t really want to borrow more, so what do I do. I’ve been offered deals, some very good, but again, by borrowing more.
ive looked at just getting a loan.
can anybody offer some suggestions.
0
Comments
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Surely your mortgage company have offered another fixed deal if only for 2 years?
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This is only a thought, I'm not sure if it's the right thing, but what about somewhere like First Direct who offer unlimited overpayments? So you borrow £30k over how many years, then you throw £15k straight back on it, leaving you with £15k left to pay. So long as you don't pay the whole amount off in the fixed period, you're fine. (Obvs check the terms and conditions though!)0
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Other thought is, a 15k loan is not that different to interest rates...2.6% or something?0
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