Advice on New Build Flat Mortgage Please!

gpconfused

yeah one broker i saw didnt deal with lloyds at all....couldnt understand why when all other lenders where available to him.

to be honest, i have no idea with regards to your question about the discount. i would need to ask the question - i would certainly not be impressed if this was not the case.

gpconfused

In the time that has passed between last night and this morning....the 5yr fix from lloyds at 4.59% has been pulled! great news! and replaced with 5yr fix rates and near 6%...not very attractive at all!

looks like ill go with Nationwide!

Conrad

gpconfused wrote: »

to be honest, i have no idea with regards to your question about the discount. i would need to ask the question - i would certainly not be impressed if this was not the case.

My guess is the developer will not be able to fund the discount if the property is down valued.

gpconfused

i would bet that you are most likely spot on there.

just need to hope its valued at what i need it to be. ive been asking around work and a few people are on nationwide, and they didnt have problems with the valuations of their properties. fingers crossed....

if my completion date is June, do you reckon i am still a bit early in applying? Lloyds had a mortgage completion date of 31st May, whereas i know Santander are 30th June....but i cant seem to find out when mortgages with nationwide need to be completed by. suppose if its before my completion date i could apply for an extension.

i want to lock into a good deal before they disappear. and this morning lloyds dropped their better deals for 5yr fix. want to lock into nationwide before they do the same.