Hi all;
When I first bought my house, I went straight to my bank (which was silly) but was worried if i could qualify for a mortgage.
Completed as FTB with 3.85% with a 5 year fix (which sounded like crazy then for 95% LTV), which unfortunately ends in a few months.
However, re-mortgaging this time with the same lender (as I have debts), I am at; 4.88% (with £999 fee) or 5.34% (without a fee) over 2 years at 60% and under LTV.
Am I doing the right thing?
I have only gone for 2 years, as it seems that the rates dramatically rose with the overseas matters, however hoping for rates to go down over the next 2 years.
I have checked comparison sites, and they slightly are off by £10/£20 it seems in the grand scheme of things, but unsure if anyone else re-mortgaging have any thoughts or what they are currently doing in the uncertain currenty climate.
Look forward to hearing your thoughts.
Thanks