Better remortgage than this ?


L

Lee

Hi all

like many I am looking around for a good remortgage
currently paying a song for a 7 year fixed at 5.6% with 360 a month
payments.

although I am tied in for the 7 years I will have to pay back about £1000
and I have 54000 left to pay on this now so lets say 55000 to leave this
and move to another mortgage

I have looked around and checked my current lender northern rock
and I cant see anyone beating the following..........

Newcastle building society with a 2 year discount at 4.8% with no extended
tie in
and fee free so no cash outlay :)

So I can raise some cash i.e 10,000 for some home improvements and pay back
£370
a month so just 20 a month worse off ...which I can handle

although this is all starting again at 25 years loan but I am only 33 so
this is still possible

Now the above seems to be the best I can get just miffed that I couldnt get
a better deal
with a lower rate so that I could set the loan over 22 years.....

Anyone help me out or got any advice on the above ????????????????????

or maybe thinks I should wait a while for some lower rates ??

thanks in advance for any help

Lee
 
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L

Lee

anyone supply any advice regarding a remortgage
or possible links to websites with mortgage databases ?

thanks in advance

Lee
 

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