End of fixed term mortgage

fahimk123

Thanks for the above link. Now I will look into this.

latecomer

Thanks for that - very interesting reading. That said having been bitten before with the 5 year fixed @5.39% we will be quite happy with a rate of 2.79 and probably just continue with this.

janet_oggy

Just found this latest info......

http://uk.finance.yahoo.com/news/best-mortgages-2013-141403750.html

From reading it, it sounds as though there could be some more good deals coming through shortly though..:j:j

janet_oggy

Yorkshire Building Society now offering 1.99% fixed rate for 2 years with a product fee of £995....getting better !!!

http://www.ybs.co.uk/mortgages/index.html

janet_oggy

I e-mailed our current lender (the Barnsley Building Society) yesterday, and they have just got back to me saying the best deal they can offer me is a 2-year fixed term mortgage at 3.69% ......:sad::sad: !!!

Time for a change methinks.....

janet_oggy

Had a phone call earlier from Yorks Bank rep. saying that they are ditching their £999 fees on the 2.79% 2-year fixed rate, as of next week, and more than likely on other current deals as well ...definitely getting better..:j:j

Geforce

There are plenty of sub-1.99% fixed rate deals with less than £1000 set up fee assuming you have at least 30% equity in the property. That's what I'd be opting for - and I think Santander are one of them actually !

janet_oggy

The lowest rate I can find from Santander is 2.24%.....what other lenders are doing 1.99% or similar please ???

janet_oggy

Been to see the mortgage advisor at the Yorkshire Bank this morning, as they have now scrapped their £999 set-up fees.
They are now offering a 2-year fix at 2.59%, 3-year fix at 2.89% or 5-year fix at 3.19%, so if you are not already an existing customer paying £1000 per month into an account, then all you have to do is set up a standing order of £1000 per month to cover your mortgage payments, and you then qualify for the above.
Sounds pretty good to me, what are peoples thoughts on this ??

kingstreet

Co-op Bank has also removed the arrangement fee on the five year fix at 2.79% today.