23.4.2009, 0:46
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#1
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User ![]() ![]() Group: User Posts: 27 Joined: 18.4.2009 Member No.: 228 |
I need some expert advice here and would be grateful for any info. My brothers 2 year fixed rate buy to let mortgage is coming to an end in 4-5 months. Is it too early now for him to start looking for remortgage possibilities? With interest rate quite low, he'd probably be better off w/t a fixed rate. But no one knows what tomorrow will bring, so he wants to see what fixed rates are available and when he should seriously start thinking about it.
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17.2.2012, 0:02
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#2
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Senior ![]() ![]() ![]() Group: Administrator Posts: 103 Joined: 26.1.2009 From: UK Member No.: 2 |
Mortgage process could take 6-8 weeks to complete, so 2 months in advance is probably sufficient. However, make sure that you don't complete before your fixed rate expires, to avoid early repayment charges.
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| Lo-Fi Version | Time is now: 17.5.2012, 15:57 |