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Help! 12 month, lowest rate deal needed

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chewie
chewie Posts: 33 Forumite
Part of the Furniture 10 Posts Combo Breaker
in Mortgages & endowments
Hi all

I'm just coming to the end of a 3.59% fixed rate and need to re-arrange the mortgage. I'm looking for the best short term deal, up to 12 months, with no tie ins because I'll need to increase my mortage in a years time.

Can anyone help??

Thanks in advance
Love this site!

Long live Matin Lewis.

Comments

  • cheghead
    cheghead Posts: 849 Forumite
    If its with A&L why not switch to their 5.5% deal for a short while and see what else comes along. Costs nothing to switch with no tie-ins at all!
  • Fairdo_2
    Fairdo_2 Posts: 442 Forumite
    You can do better than that straight away with the One Accounts 12 month Flexible Discount, currently at 5.24% with no fees at all.

    I'm sure there are some sub 5% deals with no fees or ERC (Early Redemption Charge) but advertised for a longer term.

    Not much time at the moment to go into more detail.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • michaels
    michaels Posts: 29,090 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Except of course A&L will charge you 295 to leave
    I think....
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Who is your current lender?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • cheghead
    cheghead Posts: 849 Forumite
    michaels wrote:
    Except of course A&L will charge you 295 to leave

    Thats why the 5.5% deal for A&L customers who only have a small mortgage seems a good idea.
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