Best deal on a 5 year fixed.

michsmit

I have found 4.89% through Direct Line, anyone know a rate that would beat that?

Thanks.

oxtobyd

not found much to beat that for fixed, though there charges are a bit steep.

save-a-lot

Hi

Try https://www.mortgagegenie.co.uk - I was recommended them on this forum, so thought I would pass it on - there is nothing on there at the moment to beat the one you have but keep an eye on it. Using these we found a deal with the Woolwich at 4.65% for 10 years fixed, no tie ins.

herbiesjp

save-a-lot wrote:

Hi

Try https://www.mortgagegenie.co.uk - I was recommended them on this forum, so thought I would pass it on - there is nothing on there at the moment to beat the one you have but keep an eye on it. Using these we found a deal with the Woolwich at 4.65% for 10 years fixed, no tie ins.

The problem with this is that you have to know what you are doing, as you do not get advice. So if you make a mistake it is your problem. They are not offering anything different to what a good whole of market mortgage adviser can offer.

stanmoresaver

herbiesjp wrote:

The problem with this is that you have to know what you are doing, as you do not get advice. So if you make a mistake it is your problem. They are not offering anything different to what a good whole of market mortgage adviser can offer.

And to be honest, very very few advised 10 year fix's have been arranged- apparently only 1 in 20 of those Woolwich deals were intruduced- ie advised sales.

Advice is needed, not just on the best contract but as to it's suitability for your situation!

Take Advice.

SS

Froggitt

herbiesjp wrote:

The problem with this is that you have to know what you are doing, as you do not get advice. So if you make a mistake it is your problem. They are not offering anything different to what a good whole of market mortgage adviser can offer.

Except a kickback of a few hundred quid.

herbiesjp

If you are sure it is the right deal for you then great, but most people are not savvy enough not make that decision for themself

save-a-lot

Hi

I kind of disagree with the general direction of this thread, since most replies have come from mortgage brokers/advisors a bias towards getting advice is forming. Getting advise is justified for some people, but if you have remortgaged a few times and know what to look for then I think that qualifies some of the British public to be savvy enough to make a decision for themselves.

herbiesjp

save-a-lot wrote:

Hi

I kind of disagree with the general direction of this thread, since most replies have come from mortgage brokers/advisors a bias towards getting advice is forming. Getting advise is justified for some people, but if you have remortgaged a few times and know what to look for then I think that qualifies some of the British public to be savvy enough to make a decision for themselves.

I am not saying that everybody in not savvy enough -on the contrary: and it is thanks to sites like these that people can get a little more clued up. However a non advised route may be good for some and not for others - simple as that.

If you want to be protected by the FSA for the mortgage recommended to you go via the advised route.

If you are happy not to have any protection, then go for it .

The Britich public is indeed old enough to make their own decisons

payless

Froggitt wrote:

Except a kickback of a few hundred quid.

everyone seems to assumes advised sales always means no kickback? on larger cases you might get benefit of both.

payless

stanmoresaver wrote:

And to be honest, very very few advised 10 year fix's have been arranged- apparently only 1 in 20 of those Woolwich deals were intruduced- ie advised sales.

Advice is needed, not just on the best contract but as to it's suitability for your situation!

Take Advice.

SS

the only 10 yr deals I processed recently were for those in the f/s industry themselves.