mortgage rates

[sps]

Thinking ahead our mortgage is with a well known high street lender, currently on a fixed rate that ends this time next year. Is it unlikely that they will offer us another low rate because we have recently completed a f+f iva. Will we have to change our mortgage provider.
Sue

[mikebdomain]

Hi Sue

Not necessarily, we have high street lenders products that do allow satisfied IVAs – Always approach your existing lender to see what they will offer, if you have no joy contact a reputable mortgage broker – only make sure you allow enough time before your fixed period ends.

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker
Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf

[Andrew Graveson]

Hi sps,
The answer to your question is that it might pay you to do so, and it needn't cost you anything to find out.
Contact a mortgage broker several months before the fixed rate ends and they'll be able to look at the situation for you. As I understand it Mike and Tony who post on this site (along with myself)would not charge to look into your best route forwards.

Andrew Graveson
Independent Mortgage Broker & MD Bright Oak Debt Management
andrew@brightoak.co.uk
www.brightoak.co.uk

[sps]

Thanks for both your replies - will certainly look into it next summer well before our fixed rate ends. Yet another way this site has been helpful
Sue