Debate House Prices


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Who's got the cheapest mortgage?

12467

Comments

  • Marc1978
    Marc1978 Posts: 74 Forumite
    0.04% above BoE base rate for another 11 Months and then 0.49 above BoE base rate for term. No set up fee. no redemption fee. Took it out in October 2007 with Co-operative.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    StevieJ wrote: »
    Could look very expensive soon.

    Very expensive? I doubt it. I can't see the average mortgage going below that, can you?
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Realy wrote: »
    When did they take that out 2002 ish?

    From memory, not as long ago as that, perhaps 2-3 years?
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    neverdespairgirl wrote: »
    Very expensive? I doubt it. I can't see the average mortgage going below that, can you?
    :rotfl::rotfl::rotfl::rotfl:

    Thanks for moving me on from that horrible number.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • cogito
    cogito Posts: 4,898 Forumite
    setmefree2 wrote: »
    I have this one too. Do you know it has no collar/ floor which means it can go all the way down to 0.39%

    I checked that and you're correct. My outstanding balance is about £100k and I've got that amount on deposit at a fixed 6.25%. I never had this kind of luck in my life.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    cogito wrote: »
    I checked that and you're correct. My outstanding balance is about £100k and I've got that amount on deposit at a fixed 6.25%. I never had this kind of luck in my life.

    I find that the more time I spend on MSE the luckier I get:D

    PS The BOE rate may not fall that low though. Watch what happens to sterling tomorrow. If it doesn't fall too much we might get another drop next month...;) Fingers crossed:p
  • Realy
    Realy Posts: 1,017 Forumite
    neverdespairgirl wrote: »
    From memory, not as long ago as that, perhaps 2-3 years?

    Good rate for that time, fair play that was the kind of deals available when BOE was 3.75%
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    setmefree2 wrote: »
    I find that the more time I spend on MSE the luckier I get:D

    Ain't that the truth!

    We are on a BoE +0.79% lifetime tracker. No fees or associated charges. Very pleased with the flexibility it offers.

    You have to be careful only comparing mtg IR's. If you remortgage every couple of years (which seemed to popular in MEW days) then the various fees and charges are significant. Looking at my lenders current tracker rates, it would seem that they are pricing for a 0.5% cut tomorrow.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    StevieJ wrote: »
    Thanks for moving me on from that horrible number.

    pleasure's all mine


    :kisses3:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Realy wrote: »
    Good rate for that time, fair play that was the kind of deals available when BOE was 3.75%

    Their logic was that, over 10 years, the rate was unlikely to be lower than their fix for more of the time than it was higher. I think they were right.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
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