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Remortgage question

1 reply

clairebear610 · 03/04/2022 13:04

We have a mortgage with approximately £395k left to pay and currently pay around £1950 each month. We need to remortgage and would like to increase it by approximately £20k/£30k to do some home improvements. We have a call coming up with a mortgage broker but does anyone have any idea in the meantime what sort of monthly mortgage repayments we could be looking at if we increase? Or is there a good website for working it out quickly. Thank you!!

OP posts:
Idontgiveagriffindamn · 03/04/2022 18:51

Any mortgage lenders website should be able to give you this information. I think we used Halifax to work out ours.
You need to know the amount you want to Norton, term and interest rate. We played around with interest rates and terms to work out what the best combo was for us.

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