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

Smiley_Dan

We've just been accepted for the old 3.99% no fees offer. Turns out that when they send the key facts illustration out (as they did yesterday) that constitutes a verbal offer, if you like, and so the deal was still open to us. So I snapped it up. Hope this helps anyone else in the same situation.

savemoney

Yes I am one of them two year deal ended on Feb 09 now pay 1.9% above Barclays base rate, we ow £48k of a 150k house as of 07 prices

I am put off with 1k product fee for mortgage particularly when rates are so low

alzar wrote: »

No chance! what business runs away from business?
They are cashing in on the old panic buying situ IMO. The economy has a strong reliance on people taking mortgages and the banks know it. They will keep the fees there for as long as they can but someone will come along to mop up the business they are losing by charging high fees. Remember, there are still a very high number of people riding the waves of SVR and are in no hurry to fix, until a good deal comes along. I think anyone throwing £1000 at a bank is doing just that, throwing it away. Who can spare that just now?_pale_
I honestly think there will be an offer on the table soon that has a good rate and no/low fee.

adandem

alzar wrote: »

Remember, there are still a very high number of people riding the waves of SVR
I .

And I've have thought that the bank needs and relies these lenders too to provide a 'variable' income for savers.

cbrpaul

Smiley_Dan wrote: »

We've just been accepted for the old 3.99% no fees offer. Turns out that when they send the key facts illustration out (as they did yesterday) that constitutes a verbal offer, if you like, and so the deal was still open to us. So I snapped it up. Hope this helps anyone else in the same situation.

thx for that Dan , you were right , ive just been on the phone to A&L told them i had the KFI,s and that I recieved no call back , and they accepted my application,

I would like to have waited abit longer but the current climate is just so volatile, i didnt have the balls to wait it out anymore

So thats me done for the next 5 years !!!!

benitoball

Secured a five year fix at 3.99% with RBS yesterday - arrangement fee just £99. I'm an existing customer coming to end of current deal, so not sure if available to customers who wish to remortgage from other lenders.....

cbrpaul

looking at their site you got a good deal !!!

http://www.rbs.co.uk/personal/mortgages/g2/fixed-rate.ashx

Jockthearab

I can't believe the A&L offer has been pulled already I put in an online application on Sunday morning. When complete it came up with a reference number & a message that I'd get a phonecall within 2 working days...still waiting on 'that' call. I assume I've missed the boat on this one? Bummer if I have!

JtA

stolt

Jockthearab wrote: »

I can't believe the A&L offer has been pulled already I put in an online application on Sunday morning. When complete it came up with a reference number & a message that I'd get a phonecall within 2 working days...still waiting on 'that' call. I assume I've missed the boat on this one? Bummer if I have!

JtA

i'd give them a call and try your luck with it, say that you had applied and havent had the keyfacts out i reckon you would probably get it.

fluffig

Jockthearab wrote: »

I can't believe the A&L offer has been pulled already I put in an online application on Sunday morning. When complete it came up with a reference number & a message that I'd get a phonecall within 2 working days...still waiting on 'that' call. I assume I've missed the boat on this one? Bummer if I have!

JtA

We completed the online application last night and got that same acknowledgement screen. I rang their customer services this afternoon and was put on hold while he checked and then told the deal had been pulled at noon today, but because we'd applied last night they would still call us. Not sure whether to believe him, will probably ring them tomorrow again.

cbrpaul

guys , i didnt get a call either , and called them today to ask why not !! , and they have said they will give me the original deal.


Call them asap and ask !!!