Whats The Best Fixed Rate Mortgage On The Market At The Moment??

swingjune

herbiesjp wrote: »

That is exactly my point - for you it is the best deal

Whilst your post is well intentioned - rather than posting links to specific Halifax products, I think it would be wiser to post a link to a comparison website

The OP may go straight ahead and apply to Halifax, but it could turn out to be not the most suitable deal or what the OP was looking for.

Please don't take this as me having a go, it's just that buying a property is a huge expense, and making the right choices are very important. And not making the right choices could cost you money or your home.

Going direct to a lender also means not having any consumer protection in terms of the mortgage sold - so if something goes wrong, it is all on your shoulders. So again, whilst it may be ok for some, others will like the fact they don't have to do anything and the broker will take care of it.

There are plenty fee free advisers, that offer the service, if paying a broker fee is not for you

This kind of remarks will put off anyone who wants to share their personal experience on getting mortgage without "necessary" going thru FAs.

I'm not here to convince the OP. I'm just share my own experience.

You are an FA, you could refer to the comparison sites, I'm not qualified to comment/refer to those sites. I will leave it to the expert like you.

Toughluck

4.99% C&G. Obviously there is fees involved but I cannot find and probably won't find one less than that.

Toughluck

just read swingjune post.

If you don't ant to use a broker then do it yourself and have multiple scores done on you by various lenders. I am happy if you do that.

Toughluck

:mad: just read swingjune post.

If you don't ant to use a broker then do it yourself and have multiple scores done on you by various lenders. I am happy if you do that.:mad:

swingjune

Toughluck wrote: »

If you don't ant to use a broker then do it yourself and have multiple scores done on you by various lenders.

For your information, I have checked my credit score, I don't have this problem :j:T

herbiesjp

Hi Kate

I dont want to detract from your post

So just to recap:

Rates will depend on what associated fees you want to pay as well so could range from mid 5% upwards

If you want the lowest rates like the 4.99% deal then be prepared to pay a 2.5% arrangement = £3,750.

Otherwise look for other deals with lower fees, with the mortgage features that you want

Toughluck

At least that is the lowset rate available. Shame the fee is massive. You therefore need to find a happy medium. It is availbale up to 75% LTV. A lender is doing 5.39% with £1,499 fee currently up to 70% LTV. Cannot you not squeeze it in.

herbiesjp

Exactly

Ultimately it will come down to the survey/valaution as well, as to what the correct property value will be.

If it down values, you could find you fit in a 70% deal anyway

Toughluck

Quite right. I f you have offered more than it is worth the surveyor will value what they think it is worth and you will be in the realms of 70% + lending and the rates I have mentioned.....well I may as well have mentioned a 1% fixed rate for 638 years as it has no significance whatsoever.

Remember swingjune (and as you have mentioned, if you want a decent rate in these ABSOLUTELY HORRIFIC mortgage rate times you will pay pay pay through the nose with lenders for this. Simply find a fee free or small fee charging broker to do it for you. It'll save you getting if's and but's rates off advisers on the internet.

katew87

GOLFER wrote: »

Why dont you use one of these mortgage coparisin sites and see what rates come up for your circumstances.

Also another good option would be to seek an IFA to do all the work for you. Most of them work off commisions from the providors so wont cost you anything

Good Luck

Golfer

I tried using moneysupermarket but there wasnt an awful lot of mortgages available.