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My fixed mortgage of 4 percent is ending in december, should i wait a while on flat rate, look for the best one i can find now?anyone got any ideas? mortgage is approx £70.000.thanks

In december you will move to your lender’s standard variable rate and this could easily be as high as 7.75% p.a. that is a big hike from 4% so you won’t wanna be stuck on that rate for too long. in terms of remortgage options, you have a choice of trying to find a new deal through your existing lender or re-mortgaging through an alternative lender. the former will be much easiest to organize, however, you might be able to get a better rate on the open market. this would, however, mean more administration for you. it is therefore a bit of a balancing act. it all depends on the mortgage term, loan to value, what your income is and so on. i recommend that you speak to an independent mortgage adviser about this and someone suitable can be found through the unbiased.co.uk website.i hope this helps.disclaimer:the answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances. to find and ifa plz call 0800 085 3250 or go to http://www.unbiased.co.uk.