Fixed rate runs out ...... who next ??

Cullumpster

:hello:

Hi All,

Just a quickie really about fixed rates.

Mine runs out on the 30th September, it was 6% but looks like my monthly payments will shoot up, i know i should have changed it earlier but i'm rubbish at remembering stuff until it's too late

On a £44000 mortgage who would it be best to change to ?

by the way i know nothing about mortages at all apart from the fact i pay it every month so please be gentle with me

Thefunkygibbons

Well, a starter for ten would be to ring your provider and ask what they are prepared to do for you and for what fees

Certainly you do not want to go straight onto SVR

That will give you something to compare to in the market and for the guys here to compare against

Cullumpster

SVR
is that a standard variable rate ???

herbiesjp

Yes it is short for Standard Variable Rate