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First Active Mortgage > Do You Have One ?

eschaton
eschaton Posts: 2,247 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Mortgages & endowments
If you have one on the 5 year base rate tracker ending around now, please reply so that I can ask the next question regarding future rates.

Comments

  • andyj2
    andyj2 Posts: 64 Forumite
    First Active mortgage here, but we're currently on their SVR of 1.6%, after coming off a 2-yr fixed at 5.8% last September.

    Currently paying £270/month less than we were on the fixed.... so are saving it with Northern Rock @ 5% in a regular monthly saver account.
  • eschaton
    eschaton Posts: 2,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    andyj2 wrote: »
    First Active mortgage here, but we're currently on their SVR of 1.6%, after coming off a 2-yr fixed at 5.8% last September.

    Currently paying £270/month less than we were on the fixed.... so are saving it with Northern Rock @ 5% in a regular monthly saver account.


    Thanks for the reply but the mortgage I am querying is the BR tracker.
  • Moneybot
    Moneybot Posts: 11,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Had a five year base rate tracker which ended on 30th June. New rate 1.49%
    Rational judgement, now, at this very moment.

    Virtuous action, now, at this very moment.
    (Wisdom, Courage, Self-control, Justice)

    Willing acceptance - now, at this very moment - of what you can’t change
  • eschaton
    eschaton Posts: 2,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Moneybot wrote: »
    Had a five year base rate tracker which ended on 30th June. New rate 1.49%

    Thanks for that. Key facts suggested it should go to that but wasn't 100% sure. When did they write to you to inform you of new rate?
  • Moneybot
    Moneybot Posts: 11,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    1st July for payment 16th July.
    Rational judgement, now, at this very moment.

    Virtuous action, now, at this very moment.
    (Wisdom, Courage, Self-control, Justice)

    Willing acceptance - now, at this very moment - of what you can’t change
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