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Remortgage for new fixed rate or pay variable?
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TCvii
Posts: 3 Newbie
Hi all,
Apologies if this is a basic question but my (shared ownership) mortgage 2 year fixed rate is coming to an end in a few months time and I’m not sure on what would be a sensible approach.
i will be looking to sell my flat in the first half of next year, with the plan of getting a larger place with my OH. Would it be sensible to remortgage my flat on a new fixed rate, or should I pay the variable rates for a couple of months?
if I sell early on in a fixed rate deal (I assume I’d go for a 2 year deal) are there significant charges I should bear in mind?
thanks for your help!
Apologies if this is a basic question but my (shared ownership) mortgage 2 year fixed rate is coming to an end in a few months time and I’m not sure on what would be a sensible approach.
i will be looking to sell my flat in the first half of next year, with the plan of getting a larger place with my OH. Would it be sensible to remortgage my flat on a new fixed rate, or should I pay the variable rates for a couple of months?
if I sell early on in a fixed rate deal (I assume I’d go for a 2 year deal) are there significant charges I should bear in mind?
thanks for your help!
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