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Mortgage Rates
Comments
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Thanks for your contribution guys, keep coming with those rates
What is the prognosis with the rates in the next few months? The rate I was offered now 3.49% needs to be booked now till the 1st december, however my current deal doesnt exprire till March. Not sure whether i should wait out or book now?0 -
General concensus is the bank of england base rate will ramain the same for at least a year.....who knows though?0
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After today's inflation figure, it could change next month...though it probably won't.Act in haste, repent at leisure.
dunstonh wrote:Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.0 -
thats true...or is it? Dunno, maybe, perhaps...AHHHRRGGG :rotfl: :eek:0
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0.19% above BoE lifetime tracker - no offset.Mortgage Free October 2013 :T0
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AndersLimpar wrote: »General concensus is the bank of england base rate will ramain the same for at least a year.....who knows though?
The greatest danger is complancey. In that people will become accustomed to these low rates. Now has never been a better time to repay debt.0 -
2.5 nationwide SVR, been on it for around 2 years and around 65% LTV0
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Thrugelmir wrote: »The greatest danger is complancey. In that people will become accustomed to these low rates. Now has never been a better time to repay debt.
Or
...Now has ever been a better time to save some money.
No point repaying my residential mortgage at 1.24% when I could save at 6.4% after tax.
My BTL mortgage is BofE +0.89%.
Both lifetime trackers.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Gorgeous_George wrote: »Or
...Now has ever been a better time to save some money.
Totally agree.
Though the number of mortgage holders on lifetime rates are only a small % of total mortgages outstanding.
New borrowers are subsidising people like us......0 -
Also have a lifetime offset tracker, full details below...ORIGINAL MORTGAGE AMOUNT £106,454.00 (Started Sept 2007)
NOV 2021 O/S AMOUNT £1,694.41 OUR DEBT REDUCED BY £104,759.59 by std regular, over-payments & off-setting.
BofE +0.19% Tracker Repayment Offset Mortgage Discounted Sept 07-10 then increased to BofE +0.62% until 20270
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