Current deal coming to an end in April

Beatle_Ray

Some advice please, my current mortgage deal with the Halifax is coming to an end in April.The details are that i owe £70,201, it has 6 years and 9 months left to run. The deal has been over three years and is currently 4.73%. The house value is approx £450,000, I'm tempted to take on an extra £5000 to refurbish the house with a few cosmetic touches, my current payments are £1024 on the debt owing which is manageable, what could i expect to be achieving in terms of current deals available and what would it cost approx. if i moved it up to £75,000, advise please and thanks in advance

Hoenir

Log onto your Halifax mortgage account. You'll then be able to see what options are available to you. 

Once you know the interest rates. Plug all the information into this calculator and it will provide an indication of the monthly cost. 

https://www.calculator.net/amortization-calculator.html

Ignore the $ signs.

Beatle_Ray

Thanks, didn't realise the offers were there, they are offering a fixed two year at 4.71% which reduces the cost by £1 or a five year deal at 4.39% which knocks a tenner off the monthly cost, that's based on the current debt owed, how does this look compared to the rest of the market, my current LTV is 16.45%

M_anonymous

You've taken the time and effort to post a message; could you not look in the mortgage section of the main website here? 
https://www.moneysavingexpert.com/mortgages/ 


https://www.moneysavingexpert.com/mortgages/best-buys/?journeyType=first-time-buyer&propertyValue=280000&mortgageAmount=200000&depositAmount=80000&term=25&repaymentMethod=Repayment&sortBy=MonthlyRepaymentAmount&pageNumber=1&addFeeToBalance=false&productNoFee=false&noEarlyRepaymentCharge=false

That will give you an idea of whats available.