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The best morgtage for me?
PhilUK_3
Posts: 457 Forumite
Ok.. I own a house that I paid £215k and its now worth £350k I own my house.. No morgtage......
I want to get a £30k morgtage.
I got a quote of natwest and its £182 a month fixed for 2 years. then goes to £210 but of course ill move. they charge a £400 setup fee etc.
abbey offered me 5.59 (£186 a month) no setup fee. fixed for 2 years. no fee and they both charge me £215 to move my deeds after 2 years.
Am i getting the best deal?
I want to get a £30k morgtage.
I got a quote of natwest and its £182 a month fixed for 2 years. then goes to £210 but of course ill move. they charge a £400 setup fee etc.
abbey offered me 5.59 (£186 a month) no setup fee. fixed for 2 years. no fee and they both charge me £215 to move my deeds after 2 years.
Am i getting the best deal?
0
Comments
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It is difficult to tell as you do not mention the term of the mortgage/secured loan.
J_B.0 -
25 years.. sorry0
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I thought you could have got better terms. What you spend the money on may also be a factor. You do not mention any debts.
If there is any one over the age of 17 living in the property then they have to sign a waiver to permit the mortgage company to evict them if repossesion becomes a factor.
J_B.0 -
Home Inprovments..0
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You should be able to get a fee free deal for that amount - as ever depends on your cicumstances thoughI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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yes. i got it from abbey..
5.59 for 2 years no fee..0 -
PhilUK wrote:yes. i got it from abbey..
5.59 for 2 years no fee..
Sorry - maybe I wasn't clear
You can get better than the Abbey fees free deal either with tie-ins during the rate period or without tie-ins during the rate period.
HTHI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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