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ING direct mortgage ? too good to be true

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I am in the process of re-mortgaging and have discovered ING direct flexible morgage. Interest rate of 5.14% variable with no arrangement fee, no valuation fee, no legal fees, no early repayment charges and no admin fee to leave mortgage early.

Is this too good to be true?

Comments

  • Make sure you check to see if it is for their current clients only. Not for potential new clients moving to them from another lender.

    If it is then it is a good deal. But I think it is only for their current clients.
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Also be aware that ING started their "one great rate for all" Savings in the UK market with a market leading rate - now it's almost three-quarters of a % below the best on the grounds that it's savers prefer stability [?!**!?] than chasing the best buy rates!!

    As you've got a free get out of jail card it's worth a try - but don't be loyal if they play the same game with borrowers.
  • From the website, the deals seem to be open to all.
    Dave. :wave:
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