Hi all,
I am currently considering ditching my 5.99% fixed rate mortgage and switching to a better mortgage deal.
I currently have 17 months left on my fixed rate and my early repayment charge before May is 2% and 1 before May 2014.
By my calculations this is £1600 and £800.
I have had a quick look online and there is a Tesco mortgage available at 2.99% - saving me £2700 over 17 months (remaining term of my current fixed rate) including product fee, land fee, valuation etc.
Natwest currently have a deal on a 2 year fix at 3.79% with no fees.
Am I looking at this the right way?, as it all seems to easy to switch and save hundreds/thousands.
Paul
I am currently considering ditching my 5.99% fixed rate mortgage and switching to a better mortgage deal.
I currently have 17 months left on my fixed rate and my early repayment charge before May is 2% and 1 before May 2014.
By my calculations this is £1600 and £800.
I have had a quick look online and there is a Tesco mortgage available at 2.99% - saving me £2700 over 17 months (remaining term of my current fixed rate) including product fee, land fee, valuation etc.
Natwest currently have a deal on a 2 year fix at 3.79% with no fees.
Am I looking at this the right way?, as it all seems to easy to switch and save hundreds/thousands.
Paul