Our daughters took out a 2 yr fixed rate mortgage at 6% last June, is it worth paying fees and changing to a lower rate (fixed or not?) with another?
They have been told that they will have to pay a £6000 penalty with Abbey for a mortgage of £200,000 if they want to change. Would this be worth doing in the long run and if so with whom, or what would you advise?
- REPORT This comment has been reported.
4 Answers
15 February 2009