We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
4 years left?
JoolsB512
Posts: 1 Newbie
So I have 4 years left on my current mortgage and my fixed rate is due to end in November. Now I have around £17k left to pay. Just can't decide whether to find a new fixed rate deal for 2 years, leave it to the gods of variable or consider a bank loan for the remainder. Just not sure what would be best.
0
Comments
-
You might not be able to get a fix when you have such a small balance remaining. The bank I had my mortgage with didn't do them for less than £30k, so it's probably worth checkingMortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!1 -
A lot of building societies & banks want £25k debt and upwards for a refix.Became mortgage free 1st March 20231
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards