Is 3.99% 5 year fix the lowest it will go ??

Mudbath

cbrpaul wrote: »

How are the applications going for those who got the A+L 3.99% fixed 5 year no fee deal , going ?

Im still waiting for the correct KFi,s to come through , even though they have said on the phone i got the 5 year 3.99% deal i have no proof of this as yet , and was told i should receive this last week , !!

We had a phone call today to say it was completing tomorrow! Only problem is we're moving from the one account so it's also our bank account and they hadn't moved all the direct debits etc over. We've had to put it on hold a couple of days to finish sorting the bank account. I have to say moving from an offset account has been a nightmare but hopefully by Friday we'll have it all done and dusted!

How's everyone else getting on?

cbrpaul

Mudbath wrote: »

. I have to say moving from an offset account has been a nightmare

oh no dont say that :rolleyes:

im currently on a offset account elsewhere !!! :rotfl:

SONYERIC630

my experience has been that things work faser if you call them evry day....
1. after getting no response I had to get one of the advisers to send an email to their mail room to have my docs"express delivered" to the underwriter (apparently they had a lot of applications)
2. For those who have not recd their offer , ask for a copy to be faxed to you (apparently they cant email but can fax)
3. After the offer letter you will be asked to send a copy of passport as verification
My status: offer received , account set up , solicitor has decd the mort deed and questionnaire (and tomorrow I will call them just to make sure they have recd the offer letter from A&L as well)
Hope this helps...and fingers crossed. For those who missed out Chelsea is doing a 4.19 % 5 yr fix with a 600 fee.
Does anyone have anything better

zorber

SONYERIC630 wrote: »

my experience has been that things work faser if you call them evry day....
1. after getting no response I had to get one of the advisers to send an email to their mail room to have my docs"express delivered" to the underwriter (apparently they had a lot of applications)
2. For those who have not recd their offer , ask for a copy to be faxed to you (apparently they cant email but can fax)
3. After the offer letter you will be asked to send a copy of passport as verification
My status: offer received , account set up , solicitor has decd the mort deed and questionnaire (and tomorrow I will call them just to make sure they have recd the offer letter from A&L as well)
Hope this helps...and fingers crossed. For those who missed out Chelsea is doing a 4.19 % 5 yr fix with a 600 fee.
Does anyone have anything better

you have a link to chelsea as when i look cheapest is 4.34% and £995 fee.
thanks

cbrpaul

I just called A+L regarding my revised mortgage offer ,

" Oh it should go out today or tomorrow 2nd class post sir"

But i requested it nearly 2 weeks ago now i replied. :rolleyes:

however I then asked for it to be faxed to me ,

" of course sir, whats your fax number"

Within 3 minutes the revised mortgage offer come through with the revised 5 year fix 3.99% no fees included this time , so true to their word I got it , :T

so thx SONYERIC630 for the idea of asking it to be faxed to me ,

to be fair i think they are very very busy processing these applications !!

damianmkv_2

The weird thing I found is the signing of the DoV. I took out more pennies so that I could have some work done ( on the house, not on me ! ) and I signed a DoV. Then I got confirmation through that this further borrowing was at A&Ls SVR so I called and queried it. "Yes, thats right - we await your call and then change the rate to your fixed rate. We'll send you out a new DoV to sign and have witnessed"

Whats the point ? Why not simply issue the correct paperwork at the correct rate in the first place ? Or are they " hoping" people won't notice their further borrowings are at the SVR as opposed to a fixed rate and thus pay a lot more ?

cbrpaul

damianmkv wrote: »

The weird thing I found is the signing of the DoV. I took out more pennies so that I could have some work done ( on the house, not on me ! ) and I signed a DoV. Then I got confirmation through that this further borrowing was at A&Ls SVR so I called and queried it. "Yes, thats right - we await your call and then change the rate to your fixed rate. We'll send you out a new DoV to sign and have witnessed"

Whats the point ? Why not simply issue the correct paperwork at the correct rate in the first place ? Or are they " hoping" people won't notice their further borrowings are at the SVR as opposed to a fixed rate and thus pay a lot more ?

They do seem to do things abit "different" there

damianmkv_2

yep - nothing in the small print under " doing things a bit different" though :rotfl:I guess it doesn't matter, i noticed it and have the deal I wanted so alls good:T
( no more smileys in this one, I promise )

feival

This thread has got me thinking. I have a base rate 0.79% offset for life with First Direct. Right now it suits me since asides from low base rates I am having an extension done and I need the flexibility. Come the summer though I suspect base rates will be unchanged and I won´t need the flexibility. Do you think it will be the right time to fix. I am absolutely not prepared to pay fees in the region of GBP1000 since I suspect the size of my mortgage won´t really justify that

HenryMungo

Went smoothly for me.

Have just recieved my £430.00 valuation fee so thats everything taken care of.

HM