Thank You Forum

Mushy61

Hi again James,

The lifetime tracker with BoE + 0.58% sounds like the one I will opt for, like you say, I don't really want to be shelling out reservation fees as i don't think it will be cost effective. Some great advice there, thanks again.

BTW, it's a 2 bed terrace I have and the going rate round here is between £90-£95k, never had any CCJ's, missed payments or anything like that, as I said in the previous post, I have been somewhat lax getting a better deal.

jamesd

Sounds as though you should have no trouble getting that deal. It'll save you something like 140-160 in the first year, depending on how much you overpay. Enough to make paying a 99 switching fee worthwhile.

Mushy61

Did the deed this morning and am now paying 5.33% as opposed to 6.24% with no switching fee, saving £15 a month which will be re-invested in the pub tonight...hic!

:beer:

Thanks again all

zag2me

I dont see that BOE + 0.58% on their website, anyone got a link?

jamesd

Nationwide tracker mortgages for remortgaging. Look in the column for the tracker duration you want and the table for the reservation fee that you want. BoE+0.58% with no reservation fee is in the second table, rightmost column.