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Episode 216: What to do before your fixed rate mortgage ends?
Manage episode 395835850 series 3010342
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Stuart and Simon discuss strategies for managing mortgages, as fixed rates come to an end. They emphasize the importance of tracking end dates, exploring options with current lenders or other banks, and understanding the long-term effects of fees and interest rates on mortgages.
They advise against waiting for lower rates and suggest using tools to monitor mortgage details. They also highlight the flexibility borrowers have in locking in rates and the potential to switch offers as the remortgaging date nears.
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