We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

does this deal sound okay?

[FONT=&quot]Yorkshire Building Society re-mortgage away from NR[/FONT][FONT=&quot][/FONT]
[FONT=&quot]Fees = £732[/FONT]
[FONT=&quot]5.29%[/FONT][FONT=&quot][/FONT]
[FONT=&quot][/FONT][FONT=&quot]Underpay - Take a holiday when you've overpaid a month's payment[/FONT][FONT=&quot][/FONT]
[FONT=&quot]Overpay up to 10% balance per year i.e. you owe 140,000 you can overpay 14,000 in a year[/FONT][FONT=&quot][/FONT]
[FONT=&quot]Daily interest - YES[/FONT][FONT=&quot][/FONT]
[FONT=&quot]Portable - YES[/FONT][FONT=&quot][/FONT]
[FONT=&quot]140k over 25 years[/FONT][FONT=&quot][/FONT] [FONT=&quot]£842 per month[/FONT]


Anyone think this is any good? Our LTV is 82%.



Another question, if our NR fixed rate ends 1st May when should we apply for a new mortgage?
[FONT=&quot][/FONT][FONT=&quot][/FONT]
[FONT=&quot][/FONT][FONT=&quot][/FONT]
--
Peter Stones

Comments

  • Apply about now!

    PS. not saying that's a good deal (or not) ... just saying you should get your skates on WRT applying for whatever it is you decide to apply for.
    Titch :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.3K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.