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Mortgage advice

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  • Mortgage advice

    My current 2 year fixed mortgage comes to an end in Dec and was looking for advice for my next mortgage. It was originally a 30 year mortgage.
    The 2 options I'm looking at is to fix for 5 and knock 3 years off my mortgage. Then in 5 years time look to do something similar.
    Or TSB currently have a flexi mortgage over 10 years with the option of leaving after 5 free of charge think the difference between both options is bout £50 a month.
    Am I best securing over 10 years for security and then assessing after the 5 years.

  • #2
    Re: Mortgage advice

    Hi there,

    I think you will be best looking at the fixed mortgage again as interest rates
    are only heading 1 way at thats upwards

    [email protected]


    • #3
      Lenders (usually banks) and brokers should provide recommendation once they suggest a mortgage for you. They'll assess the extent of mortgage repayments you can afford, by looking at your income as well as your debt repayments and daily spending. this suggests you must find yourself with a mortgage that suits your desires.
      Quick Cash Loans Online