we dont owe enough money

matt987106

whilst its nice to know

I F say we dont owe enough money to get a fixed rate with them, as we need to owe over 100 K for a fixed rate

smashing

shame the PO deal is being pulled, as our fixed ends june

RufusA

What deal were you applying for at IF, as most of their fixed rates seem state a minimum loan of £25k! Would be annoying to get through the application form only to discover it really is £100k!

AFAIK the Post Office deal is also still available, so if that's the right product for you, you can / should apply for it in advance of your fixed rate ending!

Even if you miss the PO offer, there are a few other competitive fixed rate and offset deals out there - get advice if you are struggling to find one.

Rufus.

beecher

http://www.if.com/mortgages/remortgagefixed.aspx?tab=keyfeatures

Lending limits - You can borrow from £100,000 to £500,000, however different lending limits may apply depending on your choice of mortgage. [URL="javascript:void(0);"]Find out more about lending limits[/URL]

It is confusing as when you click on the link it doesn't seem to tie in.

opinions4u

matt987106 wrote: »

whilst its nice to know

I F say we dont owe enough money to get a fixed rate with them, as we need to owe over 100 K for a fixed rate

smashing

shame the PO deal is being pulled, as our fixed ends june

My advice in these circumstances is complex but here goes anyway:

Borrow the money somewhere else.

Always happy to help

RufusA

beecher wrote: »

http://www.if.com/mortgages/remortgagefixed.aspx?tab=keyfeatures

It is confusing as when you click on the link it doesn't seem to tie in.

Good spot - I'd just been looking at the table on the link! Oh well, another scrubbed off the list!

Rufus.

jamesd

If the fee is fixed, find out how much you can overpay on the first day of the mortgage and do that.

happybroker

re I F, I agree it's really unclear on the consumer facing site.

The intermediary site makes absolutely no mention of a minimum loan at all, nor do they mention it on our sourcing systems. I've fired a quick email off to my business development manager at IF and will update when they respond, sometimes you may find a different offering through an intermediary. I've not dealt with them for some time now so don't have an immediate answer for you.

real1314

matt987106 wrote: »

whilst its nice to know

I F say we dont owe enough money to get a fixed rate with them, as we need to owe over 100 K for a fixed rate

smashing

shame the PO deal is being pulled, as our fixed ends june

Go for the PO deal - you can arrange for the "completion" (?) date to co-incide with your current deal ending.
Do it very quick though - you need to pay your valuation fee by friday (might even be thursday)

matt987106

thanks for the replies

the thing is

our rate will go to 2.5 % and its tempting to stay with that ( hopefully ) for a while, its a saving of over 100 quid a month

oh what to do ? ?? ?

jamesd

You could stay on the 2.5% and put as much again in a savings account. The savings would cover you to rates over 5% for as long as you're at 2.5%. There' a fair chance that this will leave you paying less than a fixed rate deal for two or three years.

matt987106

jamesd wrote: »

You could stay on the 2.5% and put as much again in a savings account. The savings would cover you to rates over 5% for as long as you're at 2.5%. There' a fair chance that this will leave you paying less than a fixed rate deal for two or three years.

thanks, thats what i thought

its a tough call being a adult at times