Best 5 year fixed rate mortgages

Peelerfart

HarrowMarrow wrote: »

You mean: https://online.ybs.co.uk/public/mortgages/offset_demo/your_mortgage.do ?

If so, can report it all present and correct SIR !!

Yup that was the one ,but I still cannot get the thing to give me the 5 yr ofset option,even tried a different PC.

Not that it's important, twas but a toy I was playing with better get back to me action man

Forever_Red

Peelerfart wrote: »

Yup that was the one ,but I still cannot get the thing to give me the 5 yr ofset option,even tried a different PC.

I think the YBS have pulled the 5 year fixed offset. I enquired about it on Wednesday and they were sending the details out to me. I just hope they let me sign up for it, as the paperwork hasn't arrived yet. I tried ringing them today but they were closed. How long do they normally give you to return the paperwork?

Alan

HarrowMarrow

Peelerfart wrote: »

Yup that was the one ,but I still cannot get the thing to give me the 5 yr ofset option,even tried a different PC.

Not that it's important, twas but a toy I was playing with better get back to me action man

Sorry misunderstood, thought you meant entire calculator had gone AWOL. Yes the 5 yr fixed offset is not available in the calculator nor is it listed elsewhere on the site.

part22

So YBS have put their fixed up to 5.49% as of today. So I'm better off going with Abbey who still have the 5 year fixed at 4.99% with no fees.

I've a feeling YBS play on current media fear that the rates will go through the roof.

Anyone know of another deal better than the Abbey one?

luckyfool

Jacka87 wrote: »

I am looking for a 5 OR 10YR fix but cant remortgage until end of june. One website I have been using is fsa.gov.uk/tables. Its impartial and you enter all of your information, apart from salary and it gives you a list of the deals available. You can then sort them by lowest initial rate, exactly what you want if your fixing!

My biggest concern is figuring out when to make the jump, I wanted to do it a fortnight ago but couldnt cos of a work probation period. Since then the mortgage I was looking at with rbs has been pulled, though the abbey now have a slightly better deal but I dont know all of the tie ins etc yet.

When to make the jump?????

If your deal is up at the end of June you can apply now to secure the rate. Some lenders will hold an offer for up to 6 months, so 2 months is definitely not an issue.

FSA tables are notorious for being out of date and often inaccurate, I would personally not put too much stock in them.

luckyfool

CrazyHorseB wrote: »

I'm not convinced Mr Charcol is completely unbiased on this subject... He will be needing a bit of business at the moment and people waiting and riding the trackers aren't giving him a penny!

https://www.emoneyfacts.co.uk/news/todayspapers.aspx?newsarticleid=185536

Synopsis of an FT article about various lenders increasing their medium and long term fixed rates due to increases in Swap Rates (the rates at which Banks buy in fixed rate money).

http://www.swap-rates.com/

From the above chart you can see that all fixed swaps jumped noticably just between Tuesday and Friday last week (10 yr fixed money jumped 0.25%).

You pays your money and you take your chances, I think the trend is likely to continue to be upwards on the medium and long term fixeds in the foreseeable future.