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kier333
kier333 Posts: 318 Forumite
in Mortgages & endowments
Tomorrow i pay the booking fee shall i go for a 2 or 5 yr fixed, 90%LTV on 1 bed flat NW2 6.79%

What would you expect SVR to be in 2 yrs?

Comments

  • Alias_Omega
    Alias_Omega Posts: 7,915 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Only YOU can decide what mortgage deal to take.

    Mortgages are personal, and should be based on your lifestyle, personal circumstances.
  • VfM4meplse
    VfM4meplse Posts: 34,269 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    There are lower fixed rate products out there if you look hard enough.
    Value-for-money-for-me-puhleeze!

    "No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio

    Hope is not a strategy :D...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!
  • Mapson_2
    Mapson_2 Posts: 26 Forumite
    Kier333

    Look at 90% fixed rates by using FSA website - http://www.fsa.gov.uk/tables/ then click on compare mortgages. At the time of this post they list the following offering 90% LTV mortgages

    Teachers Building Society
    Post Office Ltd
    Clydesdale Bank
    Yorkshire Bank
    Cheltenham & Gloucester
    NatWest
    Royal Bank of Scotland
    First Active
    HSBC
    Abbey
    Halifax

    They range from 5.69% (Teacher's Building Society) to 7.49% (Halifax)
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Maybe lender criteria i.e. income multiples is dictating the choices available to the OP

    Although I would have thought a lower rate would be possible.

    OP - Is that Cricklewood you are looking at?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • kier333
    kier333 Posts: 318 Forumite
    herbiesjp wrote: »
    Maybe lender criteria i.e. income multiples is dictating the choices available to the OP

    Although I would have thought a lower rate would be possible.

    OP - Is that Cricklewood you are looking at?


    Yes Cricklewood, any thoughts?
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    You haven't posted any figures, but as with any areas there are good and bad places

    Should have plenty transport links in that neck of the woods - would it closer to Brent Cross or Hampstead?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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