Another house price question for anyone knowledgable about finance

[Bimblin]

I am really stressing about this now, so any advice from MNers good with finance will be most appreciated.

Our fixed rate (4.85) is coming to an end late Nov. We did have about 17% equity in the house but I guess that is falling as we speak, we only bought it three years ago. I have our details in with an independent broker and am also checking out direct deals.

However, I'm self employed and only have been for the last year so my income is not going to come into it. Banks like HSBC who were holding good fixed deals won't lend on just my partner's salary, well not enough to cover our mortgage. Our independent broker says he will get us something else but with deals disappearing all the time I am worried.

We will be hit with an early repayment fee of £4k if we switch before Nov.

If we revert to the standard variable rate at the end of the fixed our payments will go up by £400/month.

Any advice?

some erc decrease over time - a lot stay the same until they finish - which lender are you with? Abbey and Northern Rock to don't decrease - Nationwide do IME.

you can get a deal fixed now with some of the banks a friend has a deal fixed for oct when her current one runs out yoou could ask your broker about it