Who could beat "Britannia" Life time tracker for 60% LTV mortgage ?

adindas

[FONT=&quot]This information is available here:[/FONT]
[FONT=&quot]http://www.britannia.co.uk/_site/channels/mortgage/products/current-account-lifetime-tracker.html[/FONT]

It is 2.09 + 0.5% (BOE tracker) = 2.59% life time tracker. In addition there is not any booking fee. HSBC will charge £599 booking fee
[FONT=&quot]
Just want to find a better deal than this if any available out there[/FONT]. Challenge to anyone could find a better deal than this???

[FONT=&quot]The conditions:[/FONT]
[FONT=&quot]Current Account Exclusive Lifetime Tracker Rate Mortgage. [/FONT]
[FONT=&quot]Britania/Coop Current Account Exclusive. But it is dead easy to open an account with them. AND either of this[/FONT]
[FONT=&quot]This product is available if you are:[/FONT]
[FONT=&quot] - a first time buyer[/FONT]
[FONT=&quot]- Moving home[/FONT]
[FONT=&quot]- Remortgaging your current property[/FONT]

[FONT=&quot]Thanks to [/FONT]grahamgoo who brings this deal into MSE.

20vt-rs

I've been looking at this one as well, however they have additional Criteria to take into account, bear this in mind:

- Mortgage offer available to the following qualifying current account holders only: smile current account, smilemore account, standard current account, current account plus, privilege and privilege premier current account.

- All qualifying current account customers must use The Co-operative Bank switching service or have paid in at least two consecutive months mandated salary into their Co-operative account to qualify.

- Mortgage must be paid via direct debit from the qualifying current account.

- The qualifying Current Account and salary mandate must be maintained for the term of the mortgage.

- Should these criteria not be met at completion or at any time during the mortgage term, we reserve the right to amend the interest rate charged to our Standard Variable Rate being used at that time.

- Minimum loan size of £50,000 applies.

adindas

20vt-rs wrote: »

I've been looking at this one as well, however they have additional Criteria to take into account, bear this in mind:

1/.Mortgage offer available to the following qualifying current account holders only: smile current account, smilemore account, standard current account, current account plus, privilege and privilege premier current account.

2 All qualifying current account customers must use The Co-operative Bank switching service or have paid in at least two consecutive months mandated salary into their Co-operative account to qualify.

3. Mortgage must be paid via direct debit from the qualifying current account.

4. The qualifying Current Account and salary mandate must be maintained for the term of the mortgage.

5. Should these criteria not be met at completion or at any time during the mortgage term, we reserve the right to amend the interest rate charged to our Standard Variable Rate being used at that time.

6. Minimum loan size of £50,000 applies.

1. Open standard current ac at coop is dead easy.
2. Use a dummy account from another bank that you hardly use with one DD and 1SO and switch it to coop
3. No problem at all as you will be doing it in any bank with mortgage anyway.
4. You do not have any problem to maintain current ac with the bank you are taking the mortgage
5. it depends on the person to maintain it. And you have a lot of time to do this as it is up to completion.
6. I think a lot of people will qualify for this.

2.59% is really a cracking deal ....

LeafGreen

I doubt you will find a better deal than that... I got 2.79% with 25% deposit but that went up the day after I bagged it!

gwernybwch

Looks goods, but there is a ERC for leaving within the first 3 years, therefore depends how confident you are that you won't remortgage in the next 3 years.
The Nationwide 5 year tracker has a higher interest rates, but no ERC.