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looking ahead for remortgage
bernardh_2
Posts: 138 Forumite
I am locked in till Jan 1 2006,but am beginning to think about remortgaging.I have a sub-prime with BM at 5.99% going to BBR+2.25%.All payments have been made on time.I `phoned BM today to ask what happens after the 2 yr fixed and they said they will contact me in about 4 months.Also registered with L&C who will contact me in 3 months.
If I`m right,I reckon fees for remortgaging will start to escalate so I am thinking of the BM lifetime tracker of BBR+0.65% so that I won`t need to find £500+ in fees every other xmas.Can anyone who has been in a similar position tell me if BM have put them onto their normal rates.
Some figs: mortgage 90k on property 130k.
Thanks for any replies.
If I`m right,I reckon fees for remortgaging will start to escalate so I am thinking of the BM lifetime tracker of BBR+0.65% so that I won`t need to find £500+ in fees every other xmas.Can anyone who has been in a similar position tell me if BM have put them onto their normal rates.
Some figs: mortgage 90k on property 130k.
Thanks for any replies.
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