Mortgage Rate Rises

Rates have come down again for me as well, now looking at 3.96% so another 0.03% drop.

This is with a 53% LTV remortgage.

Anecdotal, but a lot of homes in my area have recently gone on the market!
What a difference a day makes...

Best option now showing is at 3.88% from Barclays (my current lender).

My current rate expires in March, so I could be seeing a drop of almost 1% from my existing deal (4.69%). I'd be pretty happy with that.
 
Im about 1.2 years in to a 5 year fix on 3.95%

If the rates go to below 3% what do I do ? I'm not overpaying at the moment but I have been saving.

My ERC should be 1% and would probably cost me £1350 to bail out early and get a new deal (if it were lower) by that point "if")
 
Im about 1.2 years in to a 5 year fix on 3.95%

If the rates go to below 3% what do I do ? I'm not overpaying at the moment but I have been saving.

My ERC should be 1% and would probably cost me £1350 to bail out early and get a new deal (if it were lower) by that point "if")
Sleep easy knowing £1350 saving is £350 a year.

Or, pay the ERC and get a new deal. Assuming the rate lowers enough to be in excess of £1350.
 
I've just finished a remortgage quote on a comparison site and found a decent deal. 3.09% for 2 years and 0 product fees, with Darlington building society.

EDIT: After clicking onto the next page, it seems they may charge a broker fee. Boooo
 
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I've just finished a remortgage quote on a comparison site and found a decent deal. 3.09% for 2 years and 0 product fees, with Darlington building society.

EDIT: After clicking onto the next page, it seems they may charge a broker fee. Boooo
Try and go direct.
 
I've just tried a different website(compare the market) and the same offer is on there but with a different broker who do not charge any fees. The only fees are the solicitors fees, but I'm unsure how much these would be as this is my first time remortgaging.
 
I've just finished a remortgage quote on a comparison site and found a decent deal. 3.09% for 2 years and 0 product fees, with Darlington building society.

EDIT: After clicking onto the next page, it seems they may charge a broker fee. Boooo
That rate, especially on a 2 year fix with no fee, seems too good to be true.
 
When you remortgage you can do it 6 months before your fixed rate expires on most. If you do it 6 months before on say a 5 year fix, but then don't start the offer for 6 months, do you lose 6 months of the 5 year rate, or do they only start the time period when you actually go ahead with it?
 
When you remortgage you can do it 6 months before your fixed rate expires on most. If you do it 6 months before on say a 5 year fix, but then don't start the offer for 6 months, do you lose 6 months of the 5 year rate, or do they only start the time period when you actually go ahead with it?
It depends on the offer. Some are 5 years and some have a set expiry month.
 
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