Short Term Mortgage

duggan1

We've got a 5 year fixed coming to an end in April and starting to think about remortgaging. We're also going to be able to chop off most of the remaining capital with savings etc but still have £30k or so to pay. Understand that the shortest mortgage term is likely to be 5 years, and with a 2 year fix I reckon we could have the cash to pay it off by then. Is it worth going to a broker for something so short term? I can't imagine there's much profit in it for the banks if they are paying brokers fees. We've found decent deals on the site here but wondering what the advice would be from the forum.

ACG

On a £30k mortgage you cant really go too far wrong, even sitting on the standard variable rate is unlikely to be a massively more expensive. 

It is probably just as well switching products with your current lender for the hassle/amount you will save? But only you can weigh up the figures I suppose. 

duggan1

That's what I initially thought, as they offer deals pretty similar to the best I can see. Thanks.