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Best deal? Help Please!

daleuk_3
daleuk_3 Posts: 299 Forumite
in Mortgages & endowments
First Time Buyer
Good credit history no loans etc.

Property price is 46000, I can put in upto a 25% deposit. 13800.

The offer I am currently looking at is the HSBC Special Fee Free offer. 3.59% discount for 2yrs then 3.94% variable.

I know there are better deals but they require the upfront booking fee.

Any ideas?

Comments

  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Will you still find that deal affordable when rates go up?
  • redpete
    redpete Posts: 4,741 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 15 January 2010 at 4:25PM
    daleuk wrote: »
    Any ideas?

    Compare the total cost over the two years - including any fees, and see which is cheapest.

    Also decide whether you think it is worth locking in your repayments with a fixed rate for peace of mind (and/or make your own mind what might happen with interest rates for trackers).

    Also consider whether flexible payments (overpayments, payment holidays...) are of interest and worthwhile.
    loose does not rhyme with choose but lose does and is the word you meant to write.
This discussion has been closed.
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