Hi I have two mortgage offers...

£166,250 @ 95% LTV (£175,000)

Natwest
4.89 fixed for 2 years over 35 years
HLC = ~£2500 (added to mortgage)
Monthly repayment: £844.00

Intelligent Finance
5.54 fixed for 2 years over 39 years
HLC = N/A
Monthly repayment: £870.00

Now, considering I will b e remortgaging over the 2 years which of these are better? Does the fact there is no HLC with IF.com make it better than the low rate Natwest that does come with the HLC? We are really confused and need to make a decision asap.

EDIT: Can anyone tell me if this is true because I find it hard to believe. Natwest have just told me they cannot tell me how much I will owe them (the balance) after 2 years of fixed rate payment? This sounds ridiculous to me? surely its a simple calculation?

Many thanks for your time