Best 75% LTV 5 yr fix on the market?

suisidevw

Agree, not bad at all, just need to work out the cost per month adding the price on,.

On a positive note, it's £900 and not £999

PJD

£999 including the £99 booking fee?

suisidevw

YBS now doing 3.99%, £95 fee, £250 cashback, 75% LTV!

Nationwide doing similar for 4.09%, fee free, 70% LTV

property.advert

handytips wrote: »

discounted tracker, thats a new one on me. Is the product a discounted rate or a tracker rate, back in 2008 the best product overall would have been a Woolwich lifetime tracker i do hope your brother has that product. Yes i do work in the clients interest, and if the best deal is a direct deal i will charge a fee of 0.35% of the borrowing to cover my costs, after all who works for Free. Before you ask i am not the Queen

I don't expect anyone to work for free but why a fixed percentage ?

If you did transact £100k mortgages I would be mightily annoyed if you wanted the same percentage on my £1m advance.

d40eq6

Accord Mortgages (part of Yorkshire BS) are now doing a 5 year fix at 3.64%. It has a big arrangement fee (£1995) and valuation and (presumably) legals are on top of that. having said that the rate is very good.

kingstreet

d40eq6 wrote: »

Accord Mortgages (part of Yorkshire BS) are now doing a 5 year fix at 3.64%. It has a big arrangement fee (£1995) and valuation and (presumably) legals are on top of that. having said that the rate is very good.

Normally, Yorkshire's deal undercuts Accord's because Yorkshire products are only available direct. Have a look at the Yorkshire equivalent.

JimmyTheWig

suisidevw wrote: »

Because I have some disposable this month. Why not just pay the fees with this cash, as opposed to paying off the mortgage, surely much of a muchness in terms of having the extra added onto the mortgage? I'll still be paying interest on it?

I think the point was, though this was some way back, that if you've got £1000 to pay the fees and you find a deal with no fees you could use that £1000 to reduce your mortgage.

d40eq6

kingstreet wrote: »

Normally, Yorkshire's deal undercuts Accord's because Yorkshire products are only available direct. Have a look at the Yorkshire equivalent.

It's at 3.89%- same as Nationwide (albeit 75% LTV to Nationwide's 70%LTV)

I suspect that there will be yet more movement in the 5 year market. I've just had my confirmed offer from Nationwide but am weighing up the pros and cons of ditching it and looking at Accord...

suisidevw

Gosh, unsure of what to do or if there is more to it than the obvious.... Have been approved after survey etc the 4.09 NW mortgage at 70% LTV with a £99 fee..... Now there is the YBS 3.99 with £95 fee adn £250 cashback, is it really as simple as it being a £600 saving over 5 years and the obvious cashback to cover the previous NW survey and the YBS one? Is there any further issue I'm completely missing or shall I get applying for the YBS one and sack off NW? Many

thanks in advance.

kingstreet

The only other consideration is the follow-on rate?