Finding best 90% LTV mortgage

timorridge

Hi,

I've got a viewing arranged on a house for Friday and if all goes well I will be looking to be putting in an offer. The house is up for £74,950 and I have my 10% deposit + 3k for fees (all saved up in ISA).

I have been n my current job for 10 years (now age 29) and earn £19,500 pa. I have no debts and car is paid for and generally very good with money with only the occasional jaunt to the pub with friends.

I contacted Halifax who I bank with and they have given me a guarantee over the phone that they will lend me around £67,500 which works out at £380 pm. I have done all the sums and I can afford to make the move on to the property ladder.

One thing I would like to know is, how do I go about finding a best rate for the criteria based on my deposit? Halifax come top of a popular comparison site but what about brokers?

Any help grately recieved and please advise if I have missed anything.

hcb42

what rate are you paying %? If you go to a broker there might be fees incurred, and as it all sounds very straightforward then this might not be necessary. Halifax are generally pretty good

timorridge

They quoted 5.99% fixed for 2 years, with no product fee and £500 paid torwards council tax bill. Rate for comparison 4.6%

kingstreet

Yorkshire Building Society - 5.79% fixed to 30/6/2013. No valuation fee, no arrangement fee, £500 cashback and legal costs paid for you.

Branch only product - code 7430. Check availability.

mustang1

Are you a First Time Buyer? If so, there may be better rates out there too. Natwest are offering 5.69% for 2 yr fixed for first time buyers with £250 cashback on completion.

I would do your research as there should be better deals out there for you.

timorridge

Thats why I'm asking you guys, even though Halifax seem to come to it's probably because they have paid their way to the top.