Hello,

My discount rate deal ends in July and I am looking at new deals. We need to take some equity out to consolidate debts and do some home improvments, we are looking at borrowing approx 93% of the property value.

We've been offered a fixed rate over 3 yrs, which I would prefer in the current financial climate, but the rate is 8.14% and would only make us about £100/month better off. Further we have been advised that the product is a 'nearly prime' product.

Most financial products are in my name, although mortgages are joint with my wife. We have had some trouble recently making payments on time, but there are no arrears or CCJ's.

I'm not convinced that the deal that has been found is the best. Any advice?

thanks