Is it time to pay he redemption and re-mortgage? - Page 1 - Finance

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Is it time to pay he redemption and re-mortgage?

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AudiSport

Original Poster

1,499 posts

246 months

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Saturday 25th August 2012

1-year ago we entered a five year fixed rate deal on our mortgage at 4.9%. Interest rates have continued to fall and show no real sign of going up, should we look into paying a redemption penalty to get out and try for a better deal?

Sarnie

8,373 posts

239 months

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Sunday 26th August 2012

How much is your ERC and what is your LTV?

AudiSport

Original Poster

1,499 posts

246 months

[report]

[news]

Monday 27th August 2012

Sarnie said:

How much is your ERC and what is your LTV?

Ah yes, good point. I'll drop you a PM as I guess this isn't the best subject for PH.

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