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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
does this deal sound okay?
pstones578
Posts: 480 Forumite
[FONT="]Yorkshire Building Society re-mortgage away from NR[/FONT][FONT="][/FONT]
[FONT="]Fees = £732[/FONT]
[FONT="]5.29%[/FONT][FONT="][/FONT]
[FONT="][/FONT][FONT="]Underpay - Take a holiday when you've overpaid a month's payment[/FONT][FONT="][/FONT]
[FONT="]Overpay up to 10% balance per year i.e. you owe 140,000 you can overpay 14,000 in a year[/FONT][FONT="][/FONT]
[FONT="]Daily interest - YES[/FONT][FONT="][/FONT]
[FONT="]Portable - YES[/FONT][FONT="][/FONT]
[FONT="]140k over 25 years[/FONT][FONT="][/FONT] [FONT="]£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="][/FONT][FONT="][/FONT]
[FONT="][/FONT][FONT="][/FONT]
[FONT="]Fees = £732[/FONT]
[FONT="]5.29%[/FONT][FONT="][/FONT]
[FONT="][/FONT][FONT="]Underpay - Take a holiday when you've overpaid a month's payment[/FONT][FONT="][/FONT]
[FONT="]Overpay up to 10% balance per year i.e. you owe 140,000 you can overpay 14,000 in a year[/FONT][FONT="][/FONT]
[FONT="]Daily interest - YES[/FONT][FONT="][/FONT]
[FONT="]Portable - YES[/FONT][FONT="][/FONT]
[FONT="]140k over 25 years[/FONT][FONT="][/FONT] [FONT="]£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="][/FONT][FONT="][/FONT]
[FONT="][/FONT][FONT="][/FONT]
--
Peter Stones
Peter Stones
0
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
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards