This week on Ask Rob & Rob, Mike asks…
When it comes to refinancing, should I consider a longer term deal to avoid fees?
Rob D & B agree that this is all about the numbers, but it can be tricky to work out. Get your mortgage advisor to do the calculations and work out what is best for you. Remortgaging can be an expensive business and even if the costs are not being paid out immediately, they are definitely still very real costs.
Rob D asks his broker to give him all the figures including any associated fees, just to be 100% sure that he chooses the best deal when re-financing.
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