what's your mortgage rate?

oneilldo

Looks like I am the worst. Mine is 215k at 6.19% . Reason is 100% mortgage first time buyer and I used to have a slightly dodgy credit history.
fixed for 2 years and I can remortgage next June.

michaels

I always go for the cheapest deal over the term including all fees - currently I track 25bp below br (2yr year discount) which equalled 2bp over base rate when all start and redemption fees were included - I also borrowed to the max as the fees were fixed and the over borrowing is earning 75bp over base in my wife's name tax free earning us 300pa

michaels

michaels wrote:

I always go for the cheapest deal over the term including all fees - currently I track 25bp below br (2yr year discount) which equalled 2bp over base rate when all start and redemption fees were included - I also borrowed to the max as the fees were fixed and the over borrowing is earning 75bp over base in my wife's name tax free earning us 300pa

I have gone as short as a 6 month discount as the leeds bs had foolishly offered a 3% discount fee free no redemption offer...it also helps that my mate is a mortgage broker so we share the set up commission too (including these would make my current deal sub br :-) )

Miss_Penny_Pincher_2

Ours is fixed for 2 years at 4.39% with £399 arrangement fee.

Don't have a clue about what the exit fee or deeds release fee would be - hadn't heard of that at the time and I'm sure the mortgage broker didn't make us aware of it as she recommended getting a short fixed rate as it would apparently be very cheap to transfer!

cheghead

3.49% fixed for 2 years.......of course that has expired and now @ 5.5% flexible but only owe 20K and can pay-off as much as we can afford at anytime so not worth worrying about a remortgage!

Somerset

4.89% fixed to 2009.

kenshaz

0% for ever but it took a long time to find:j :j
but we got there ,do WE win,every one WILL join us eventually,we had a brilliant broker MSE. a link to their site www.moneysavingexpert.com no fee ,no commission,but you have to do some of the work yourself

fraser

4.45% fix for 2 years - hoping to clear in 5 years with some overpayment planning !!!

elsien

my mortgage is under £40k and it was worth taking out a slightly higher rate (4.89 at the time) and staying with the same building society for a fee free deal. Nationwide do both, with or without the fee, and helped me do the sums when I was deciding.
I found the mortgage comparison sites hopeless, as none of them gave the option of filtering for fee free deals, and it took hours going through one by one. I suppose I could have gone to an advisor, but in the end I took the easy option, as it seemed a reasonable rate for my circumstances

silvercar

4.99 fixed for two years and offset. With the Coventry so when the fixed rate finishes we will be eligible for ALL their rates for new customers.