Best way to pay a 10k mortgage when current fixd rate ends 6th july.

gary_morgan

Our fixed deal on our morgage ends on 6th july 2020. We will have 10k left to pay. Would it be better to put this on 30mth 0% balance transfer cards and pay off as much as we can . Then in 30mths do it again. Thanks

[Deleted User]

That depends on how quickly you will be paying off the 10k and how likely you are to be accepted for a new credit card with a 10k limit.
How long do you have left on your mortgage?
Are you making overpayments?

[Deleted User]

You won't be able to BT a mortgage.  You'd need a money transfer card, but make sure you understand the fees.

What rate will your mortgage go to and how long to run? It may not be worth shifting it.