nationwide - not offering too great a deal for exsisting customers - where to go now.

heather8

I have a loan of 19000 on repayment and 60000 on interest only. With a 16,000 endowment due in April 2010 (thank goodness, this is guarenteed), and the rest is on an ISA, which was planned to reach it's target value in 2017.

I currently have a fixed 5 year loan with 4.39% with Nationwide, which finishes at the end of May. I like the product as I can overpay, which I have been doing now and then.

Unfortunately they are not offering any decent products for loyalty, only another fixed product for 5 years. In view of the fact that I will have the 16,000 in 2 years, I don't really want to fix for 5 years again.

I don't want to go paying huge fees either.

Does anyone have any good advice on what would be best. I have been looking at trackers. Hubby banks with HSBC and I bank with Nationwide. Don't know if that will help or not.

I have booked an appointment to see our FA, but want a bit of background before I go and see him.

Thanks in advance.

shaymenRup

Have a look at the Financial Services Authority Website (www.fsa.gov.uk) it is independant and lists the majority of mortgages offered by most main street mortgage dealers (Banks/ BS etc)

It will give you an idea of whats available, what costs are involved, special offers and I've used it to get my last two mortgages.

You can also check it to see if your FA gives you the best available deal or use it to guide him/her.