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14 January 2010

I have a "LET TO BUY" mortgage paying £1000 mth, comming to the end of its two year term, (150,000) what should I do to get a cheaper remortgage?

There is about £35,000 equity, hopefully, although the value plummeted 18 months ago, but I believe has now retained its original value. We got this mortgage at the beginning of the crash as it was the only type available. Our other property has the same value interest only mortgage and costs us less than half. can anyone point me in the right direction please?

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