To move morgage lender ?

songbird

Registered User
Messages
4
I have a balance of 30,000 left on my morgage. I know it is small but I have always been on a variable rate and it is at the moment 4.5%. I am in no hurry to pay it off but just interested to know is it worth switching banks to avail of a lower rate .
I am aware of the solicitors costs but I feel after getting my morgage down I should be able to pay it comfortably every month but at times it can be difficult.
 
Why don't you extend the term with your current bank if you are finding it difficult to pay it back. Alternatively maybe you need a couple of months mortgage break to get your other finances back on track as that may be the issue here.
 
Back
Top