what's your mortgage rate?

regularsaver1

how many people actually know when you ask them - not many

gazza975526570

4.69% fixed term for 5 years. Just about to start. No application fees.

Spud_2

Ours is higher than most here. 5.85% for an offset current account mortgage.

But we decided offset seems best for our circumstances.
~£91K mortgage over 17 years
~£22K to offset against this
~overpaying by £300 pm
~surplus funds from OH's monthly salary helps to offset debit interest

The current forecasts suggest we can be mortgage free in 6-7 years. It's also tax efficient for us as OH is a higher rate tax payer.

robnye

4.93% lifetime tracker on £130k approx, 18 years left to run
tied in for 5 years, but can stay on same tracker deal for lifetime of mortgage
got 3 endowments (As bad as they are) due to mature in 5/6 years time, been reducing interest paying portion, over the past few years, so endowments should cover at least £50k

Viz_2

4.29% with 1 year left, then re-mortgage again

Redbedhead

0.00% tracker, which ends 30/11/06.

Just about to move on to a 2 year fixed at 4.97%

juliette32

gazza975526570 wrote:

4.69% fixed term for 5 years. Just about to start. No application fees.

Who is this mortgage with??

lisyloo

My guess is that the rate may well have risen since gazza secured it.
However would still be interesting to know who it's with so we can check out their current offering.

regularsaver1

i think i remember gazza saying it was a staff rate as he worked for the lender

lisyloo

I am on 4.75% variable with 1 year left.
I do check the latest deals and whilst there are lower rates around, the fees generally make it not worth switching.
Will probably stay with same lender (Britannia) at the end but switch deal.