Best remortgage offers?

dark_stranger

I currently have a tracker mortgage with C&G, of which I have had for just under 2 years and am possible looking to re-mortgage, but what are the best offers/key features to look out for? I also plan to increase my payments due to a rather big pay rise. I am also due to read the document that is being offered on here, but all advise welcome.

YorkshireBoy

If I was in your position, I'd play around with the comparison tables on websites such as https://www.moneyfacts.co.uk and https://www.moneysupermarket.com.

From these tables you can see summary details about each provider's products. You will be able to compare using various criteria such as true cost over x years, lowest initial monthly payment, total amount repayable, etc.

I'd also read Martin's articles on the main site, and the 30 page guide you mention in your post.

However, to answer your question "what are the best offers/key features to look out for?", you haven't really given us enough about your circumstances. From your post, the only advice I can give is to look for a mortgage that allows you to overpay. Some have unlimited overpayments allowed, others have their overpayments capped at 10% of capital each year, and some are capped at £500/month.

Good luck

Ian_W

As per YorkshireBoys answer, but your 1st call should be to C&G to see what they will offer as a replacement to your current tracker. If it's fee free and reasonably competetive it may not be worthwhile remorting - C&G will have some sort of deeds release/sealing fee [ave seems about £200 for most lenders] which you'll have to pay to leave.
If they're not competetive then do as above. Once you've decided whether you want fixed or tracker [some very good short/med fixed about at the moment IMO] just bear in mind fees. The bigger your mortgage and the longer the intro rate the less affect they have but they can make the deal with the lowest headline interest rate more expensive than one that has a higher rate.
BoL.