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Nationwide?
robc184
Posts: 20 Forumite
Hi,
I am a FTB and have had an offer accepted on a house. I've had an AIP from the Post Office for a life time tracker - "BBR + 3.09% for the duration of the mortgage".
Though they will charge an EPC if I wish to fix at some point in the next few years (before interest rates start their gradual rise again which seems to sound like they will in the next couple of years).
Though I've just looked at Nationwides 4.44% tracker which allows you to "switch to fix" without EPC fees. I'm thinking that this is a good deal - yes I pay about £50 more per month but I won't have to pay an EPC which could be a couple of thousand.
Am I right in this way of thinking?
Thanks,
Rob
I am a FTB and have had an offer accepted on a house. I've had an AIP from the Post Office for a life time tracker - "BBR + 3.09% for the duration of the mortgage".
Though they will charge an EPC if I wish to fix at some point in the next few years (before interest rates start their gradual rise again which seems to sound like they will in the next couple of years).
Though I've just looked at Nationwides 4.44% tracker which allows you to "switch to fix" without EPC fees. I'm thinking that this is a good deal - yes I pay about £50 more per month but I won't have to pay an EPC which could be a couple of thousand.
Am I right in this way of thinking?
Thanks,
Rob
0
Comments
-
Hi Rob yes Nationwide do offer switch and fix you are wholly correct. Its a good benefit, this is one where the rate doesnt always mean its the best deal.I am a Mortgage Adviser
You 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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