arranging a new deal on a ported mortgage.
Discussion
We ported our mortgage 2 years ago as we are on BR+2% and organised a separate 2 year fixed rate deal on the extra borrowing at 3.54%
That deal is now coming up for expiry in a months time so I'd like to sort it out again. What I don't understand is what kind of situation I'm in with getting a deal on it.
We have around 71% LTV overall and the further advance is just under half the value of the ported mortgage.
When looking at a new deal on the advance, can I use the 71% LTV to find the best rate?
That deal is now coming up for expiry in a months time so I'd like to sort it out again. What I don't understand is what kind of situation I'm in with getting a deal on it.
We have around 71% LTV overall and the further advance is just under half the value of the ported mortgage.
When looking at a new deal on the advance, can I use the 71% LTV to find the best rate?
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