We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Feedback on Remortgage decision please
natman
Posts: 507 Forumite
Hello.
I have finally (well 99% certain) made a decision about our remortgage and wondered if you guys out there could give me some 11th hour feedback.
I have a MORTGAGE with Britannia Building society for 89k.
It is in 2 parts -
1 part is 0.75% above base tracker owing 23k
2nd part is fix at 5.09% owing 66k, which will go to SVR OF 4.74% In a few months.
I was really reluctant to lose my 0.75% tracker but Britannia are very poor at new mortgage products for 66k I would need to stay with them.
Ok -
House is worth £215,000
Mortgage amount would be £86,000 in total (as I am planing to pay off approx 2-2.5k off the balance at remortgage stage)
I am planning to go with the HSBC life time tracker at 1.99% above base rate making the current rate 2.49%.
There are no fees, unimited overpaymets etc.
I just wondered if anyone had any other last minute brainwaves before I sign up all the paperwork.
Many thanks
I have finally (well 99% certain) made a decision about our remortgage and wondered if you guys out there could give me some 11th hour feedback.
I have a MORTGAGE with Britannia Building society for 89k.
It is in 2 parts -
1 part is 0.75% above base tracker owing 23k
2nd part is fix at 5.09% owing 66k, which will go to SVR OF 4.74% In a few months.
I was really reluctant to lose my 0.75% tracker but Britannia are very poor at new mortgage products for 66k I would need to stay with them.
Ok -
House is worth £215,000
Mortgage amount would be £86,000 in total (as I am planing to pay off approx 2-2.5k off the balance at remortgage stage)
I am planning to go with the HSBC life time tracker at 1.99% above base rate making the current rate 2.49%.
There are no fees, unimited overpaymets etc.
I just wondered if anyone had any other last minute brainwaves before I sign up all the paperwork.
Many thanks
:rotfl:
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards