mortgage fixed rate

[springbulb81]

My fixed rate on my mortgage expires in 2011. When that happens is it easy just to get another fixed rate or do your current circumstances come into affect?

[Ethel]

Your current circumstances come in to effect - the new lender will want to be sure you can afford it.

It is impossible to say if cheap fixed rate mortgages will be available in 2011 - it depends on the interest rates at the time.

A fixed rate may not be the best option.

[EverClean]

Your current circumstances will be paramount to a new lender but your existing lender may well be able to offer you a new fixed rate and will not need to reassess you.

[35Flipper]

I got my mortgage 6 years ago and I have re-mortgaged 3 times.

I personally think it wise to see whats the best deal you can get when you fixed rate runs out, even if it's with another lender.

Get yourself a mortgage advisor, they are worth their weight in gold if your not sure what you are doing.