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Mortgage Renewal - is this a good offer?

Please can someone advise me if this is a good offer in the current climate?

I'm currently with YBS. My current fixed deal is about to come to an end. This is the new deal they've offered:

Fee free, 2 year fixed rate of 4.29% fixed until 28/2/2012. This product is offered on an estimated LTV of 61%

Thanks in advance for any advice you can offer.

Vicki Y

Comments

  • TMSL
    TMSL Posts: 93 Forumite
    Seems decent , difficult to say their are lower fixed rate that come with arrangement fees, it would be important to know the size of your mortgage to work out if the interest you could save would offset the adding of an arrangement fee.
    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.
  • TMSL
    TMSL Posts: 93 Forumite
    sorry should say there are (poor grammar on my part)
    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.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    As your're an existing customer 0-75% ltv is showing 3.99% for 2 yrs at the mo on their website.
    Official MR B fan club,dont go............................
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