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Rough rate

duncan32
duncan32 Posts: 524 Forumite
in Mortgages & endowments
Hi all,

I am expecting a call back from L&C today, after talking to a guy for 20 mins to request a remortgage rate.
I also have a meeting with a Mortgage Choice tomorrow to do the same.

Could anyone give me a rough idea of what to expect? What would be a typical reccomendation at the moment?

I am leaning towards variable.I am currently on a base rate tracker and started at 4.75%, gone up to just below 5 recently, I think.

Thanks.

Duncan

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    No one will be able to give you an answer as you have not posted any information on which to base a decision.

    What are the figures involved? Are you aware that there is a strong possibility of rate rises this year - could you cope?

    HTH
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • illmonkey
    illmonkey Posts: 677 Forumite
    incase its any help:-

    we took 95% mortgage of £135k, with a fair amount of debt, rate was 5.09%.
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