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
Cheapest variable interest rate
stup1973
Posts: 8 Forumite
Which MSE has the lowest variable mortgage rate?
I'm now on Bank of England base rate + 0.75% for the duration of the mortgage with no tie in's.
I'm now paying 1.25% interest per month. :j
I was tied to base rate plus 0.25% but that expired 3 years ago.
Can anyone beat that??
I'm now on Bank of England base rate + 0.75% for the duration of the mortgage with no tie in's.
I'm now paying 1.25% interest per month. :j
I was tied to base rate plus 0.25% but that expired 3 years ago.
Can anyone beat that??
0
Comments
-
Duh..... I know many people who are on discount variable rate who are paying 0%!!!! Also, the best tracker rate I have seen is BOE+0.16%.
So I believe a lot of people somewhere in the UK could beat that.Motto: 'If you don't ask, you don't get!!'
Remember to say thank you to people who help you out!
Also, thank you to people who help me out.0 -
I am more than happy with my current arrangements.
Full details in my signature.ORIGINAL MORTGAGE AMOUNT £106,454.00 (Started Sept 2007)
NOV 2021 O/S AMOUNT £1,694.41 OUR DEBT REDUCED BY £104,759.59 by std regular, over-payments & off-setting.
BofE +0.19% Tracker Repayment Offset Mortgage Discounted Sept 07-10 then increased to BofE +0.62% until 20270 -
Ditto. Well pleased with my HSBC Lifetime Tracker of BOE +0.48%. No tie ins, no penalties, a doddle to overpay online etc.
I remember being slightly miffed when I applied for it (May '08) as it was +0.38 on the friday I spotted it, but they put it up by 0.1% by the following monday when I went into the branch to apply.
I didn't know the base rate was going to crumble from 5% to 0.5% (!) so that 0.1% I missed out on pales into insignificance ;-)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards