Quote Originally Posted by Badly Ironed Shirt View Post
Yep, you will. For a start you'll have a great LTV value (I would assume), and also your interest rate will be below 3%.

https://money.comparethemarket.com/m.../?AFFCLIE=CM01 - will give you some clue.

If I were you, I'd be tempted to pay the same amount on a mortgage, and try to pay it all off as quickly as possible.


For me, I have 4 years of my fixed rate to go. I struggled to meet the affordability, and I guess I may struggle again in 4 years time. No doubt, I'll be in a position of not being able to take a cheaper mortgage because they will claim I can't afford it whilst, at the same time, paying a mortgage with a higher interest rate.
I’m going to play bollocks with Nationwide when I go in there to remortgage and say I was mis sold a 10 year fixed so I want the best rate possible. They were doing 2% 5 year fixed before this increase so I’m hoping for around 2.5% tops.

ill probably look to pay the same and shave a few years off.

Then again my kids are 9 and 13 so could do with the extra money that they seem to be costing me every year.

Cross that bridge next May