NR 10 YR Fix

applesrace

H all,

Really quick one.

I've been offered a 5YR Fix at 4.99 with First Active, apparently this deal ends today. I have decided not to go with it as the mortgage is not portable.

I have also been offered a 10Yr Fix with Northern Rock at 5.29% does anyone know if this deal will still be available next week ??? Or are all lenders looking to increase ht eprice of there fixed products.

Thanks as always

dwight-van-man

Hiya, NR have not given any notice that a rate change is imminent - we usually adopt a fairly soft rate withdrawal process, so even if the rate does get pulled early in the week, you would still have a few days to get it

applesrace

Excellent news dwight-van-man .... thanks for the reply. Now i can think about it over the weekend and sort something early next week. Very helpful info.

dwight-van-man

No worries - just as a by the by, were you aware that Northern Rock do a 10 year deal without the arrangement fee for only 0.05% more? I'm assuming you're looking at the 85% band 10 year fix at 5.29% - the equivelent product without the fee is 5.34%. Might be worth costing out the difference.....

applesrace

Again thanks for the pointer I'll work that one out. It is the 85% i'm looking at .... out of interest do you know the rate for 90% LTV ???

dwight-van-man

90% would be at 5.39% or 5.44% on the fee save option