Tesco lowest ever fixed rate deal

IveSeenTheLight

Gracchus_Babeuf wrote: »

I was once offered a 110% mortgage back in the loony times of the 90s. Thank God I waited.

Out of interest, when was this, how long did you wait and which region / city / town was it.

My first property was a 100% mortgage. I did have a deposit but having the 100% mortgage allowed us the funds to modernise the property earlier than initially anticipated..

Harry_Boyle

mcc100 wrote: »

What is it with these posters .... look at me, haven't I done well?

I buy and sell shares, but I don't feel a need to come on here bragging when they have risen in value ........ or when they have fallen attempt to ramp up their value

If you are doing well with your own investments, then why do you care so much about other peoples?

mcc100

Harry_Boyle wrote: »

If you are doing well with your own investments, then why do you care so much about other peoples?

Where have I stated that I am doing well in my own investments ?

Harry_Boyle

mcc100 wrote: »

Where have I stated that I am doing well in my own investments ?

The question stands for whether they have risen or fallen. Why do you care so much if other people's investments are doing well?

Though if your own investments are doing badly, then that perhaps explains why.

System

It seems in the last couple of weeks rates have been dropping rather quickly.

http://themortgagemeter.com/#/graphs

You can get 1.89% now but the fee is higher, you'd need a hefty mortgage to make it worth it, nice to have options though.

Harry_Boyle

There is a 10 year fix at 3.99% available at the moment. I'm phoning them up on Monday to see if I meet the criteria.

sabretoothtigger

I reckon longer term savings rates will be above 3.99, some are able to get that now. Amazes me people dont grab such a low rate for an entire decade, its no hype to say once in a lifetime

HAMISH_MCTAVISH

the_duke_of_hazzard wrote: »

Looks like this is no longer available:

themortgagemeter.com/#/best_buys

Probably sold out.

Banks continue to ration the limited funding available.

N1AK

Graham_Devon wrote: »

Might be alright for those with large mortgages, but 60% LTV. For the average joe, the fee kills any savings made on the table topping rate.

Exactly this. We're on a tracker BOE+1.75% so currently 2.25%. We'd save ~£300 over the two years in return for £900 in fees

Anyone with a mortgage rate of 2.5% without a massive loan or looking for a loan who could get 2.5% without fees would be better off leaving well alone.