Mortgage offer

garcon6

Current deal with Santander expires, was a 5 yr fixed at 1.99.  We have £63,000 left.  Santander offered a new five year deal at a rate of 2.79 which will increase from about £760 to £815.  No fees, or product transfers etc.  Our mortgage expires in September.

we did have a mortgage broker who got us the Santander mortgage though had to pay fees.  Not sure if there are any better offers on the market.  Still got two months left.

Need some advice, whether we could get a better deal.

[Deleted User]

I think it seems pretty good , and you don’t want to wait and the interest rates go up. I just got a five year at 2.82 with less than 80% LTV and a excellent credit rating . I’d say go for it !!

garcon6

Yes, that’s what I thought, thank you.

simon_or

garcon6 said:

Current deal with Santander expires, was a 5 yr fixed at 1.99.  We have £63,000 left.  Santander offered a new five year deal at a rate of 2.79 which will increase from about £760 to £815.  No fees, or product transfers etc.  Our mortgage expires in September.

we did have a mortgage broker who got us the Santander mortgage though had to pay fees.  Not sure if there are any better offers on the market.  Still got two months left.

Need some advice, whether we could get a better deal.

Do check the MSE best buys for the best rates in the market.

For future reference, with a fix ending in September, you could have booked a remortgage rate with another bank as far back as March -April, probably got a rate around 2-2.25%. There's no need to leave it so late. But it's only 63k so not a huge issue.

london21

Do a price comparison but bargain interest rates ending.