Remortgage!

[Scarlett]

I need to remortgage my house in order that I can raise money for a year's sabbatical, to study. I have to stay with my current lender for another 3 years. if I move, I get charged �3000. Does anyone know any good (uk) building societies who will pay my redemption fee and give me a good deal? THANKS!

[Mrs_Pegasus]

Why cant you remortgage or take out an equity loan with your current lender?

[BenDToy]

I really can't see this happening the way you want. Watch out for extended tie ins, which are almost a certainty on a cashback deal, which is what you want I think. I would recommend talking to your existing lender first, but don't tell them what the money is for! If you do have to move, just add the �3k to your advance.

[hectic]

Try the Cumberland building society, I'm sure that I seen an advert on TV advertising that they would pay any fees

[daddyg]

Have you tried the motley fool website? They do reviews on all the best financial deals. I think it's fool.co.uk Theres another site called charcoal as well I think which is supposed to be good for mortgage advice.

[BenDToy]

daddyg - broker is actually called Charcol (note spelling) could save many hours searching through BBQ sites. ;o)