Non-coupon related Drivel Thread 6

Dr.Who-Who

http://www.renaultsport.co.uk/home/latestnews/ObjectId/6067/Default.aspx?WT.mc_id=RSEN0112S8

Answer : 7

This should never be a comp it should be freebie:D

adoreholidays

Dr.Who-Who wrote: »

Thanks AH:beer:

Anyway, back to mortgage,

My OH called our current mortgage provider. They give me 3 options to change to new rate from 6.24% to:-.

Option 1 - 3.59% for 5 years with a repayment charges of 1% of what I currently owed them

Option 2 - 3.57 for 2 years no repayment fee.

Option 3 - 3.59% for 5 years no repayment fee, no booking & valuation fee (straight forward transfer).

AH, is yours @ 3.39% for 7 years or 5 years? Do they charge you Booking and Valuation Fees ? I went to their website to have a look but can't find any 3.39%.:o

We went with 3.65% 5yrs with Coventry completly flexible now 3.58% booking fee £199 £800 completion fee can be added to mortgage but free valuation and legal costs. BUT the Chelsea was 3.39% for 7 years but now 3.64% for 7 years had redemption charges it did have a £500 cashback £299 valuation fee. Chelsea on paper much better deal if happy with tie in and not likely to want to move. Chelsea now £200 cashback £195 valuation £200 completion on the above rate.

Doc don't know what site you use to check I use FSA mortgage comparison tables really easy to check

The Chelsea can only make 10% overpayments but Coventry no restrictions we always pay much more each month with the new one we will be paying £200 over the top each month just to cut the years down

adoreholidays

Doc your option 3 pretty good deal with your current mortgage probably less hassle to arrange Just imagine how much quicker you can pay your debt off with no extra outlay just by changing:T:T:T

Jeferey you have done brilliantly with your deal:j but I always prefer a fixed for long term security bad memories of 80's when we saw our mortgage rise to 17% :eek: we were lucky in that we had a small mortgage but had lots of friends who lost their homes

Aesop

Doc, know you don't like direct debit, but with council tax, a little easier if spread over 12 months.

have fully paid up my tv license until sep, when I will go on dd, and pay less each month for it. Currently was on card, but instead of being £2 a week like it used to be, I am paying for full year in 6 months! so had £38. xx outstanding, said to woman, take it. At least I have a bit extra for the rest of the year until sept.

adoreholidays

Aesop wrote: »

Doc, know you don't like direct debit, but with council tax, a little easier if spread over 12 months.

We do ours DD they spread it over 10 months so you get FEB & MAR no payments

Aesop

adoreholidays wrote: »

Aesop wrote: »

Doc, know you don't like direct debit, but with council tax, a little easier if spread over 12 months.

We do ours DD they spread it over 10 months so you get FEB & MAR no payments

ours said 12 months.

If I just pay monthly, have to pay over 10 months but if I pay by DD they do over 12 months

kerri_gt

Ugh to the bills Doc - isn't Jan a carp month Me got car tax next month, think I'll stick my fingers in my ears and 'la' lots pretending it isn't happening.

Small stash of coupons seem to be mounting after a Dec drought - got my 50p off Aquafresh through the post today, not convinced I need more toothpaste but always good to stock up. I actually finished my first bottle of Comfort Pure this week and went into slight panic mode...have prob only got about 20 bottles left now...,so went and got an extra one from Wilkos :rotfl: (feeling slightly miffed I prev paid 25p when it's now 23p with coupon )

Quite a hefty APG balance to address as well, really must get around to making a list and stocking up on some stuff...errr...like wine

kerri_gt

Aesop wrote: »

adoreholidays wrote: »

ours said 12 months.

If I just pay monthly, have to pay over 10 months but if I pay by DD they do over 12 months

Thats odd, I'm sure ours is 10 months too by DD, I switched to DD last year and they recalcualted the monthly payments so I've got next month to go and a month off.... yep, just checked mine and it's deff 10 months

Yes - The full year's tax is payable in ten monthly instalments from 1st April to 1st January each year. It is better and cheaper to pay by Direct Debit (errr, when they mean cheaper, they mean for them to administer, not for us to pay)

Aesop

from my site

Direct Debit is easy and the most cost effective way to pay your council tax. You can chose to pay on the 1st, 5th, 10th, 15th, 20th or 25th of the month. You can even opt to pay through to March instead of January.

and even the man on the phone said it would be over 12 months. ok, 11 not 12 but a little bit extra.

jeferey

adoreholidays wrote: »

Jeferey you have done brilliantly with your deal:j but I always prefer a fixed for long term security bad memories of 80's when we saw our mortgage rise to 17% :eek: we were lucky in that we had a small mortgage but had lots of friends who lost their homes

Thanks AH. I've had fixes too and in the early days of a mortgage definitely better for peace of mind - my first fix in 1990 was 13.25% :eek: but the mortgage rates went up to 15%. Near the end of a mortgage if you are on a repayment (we switched ours years ago from carpy endowment and got compensation) the arrangement fees start making a bigger impact and you have to watch the total cost not just the rate. Ours was no fee of course

Morning all