Where are you all ?

Dunkyboy_2

According to the press there are 40-50,000 plus people coming to the end of there various tracker deals etc, so i would of thought there would of been loads of threads on the latest/best offers etc, but it's very quiet?.
My tracker with Nationwide finishes in June and I'm panicing a bit now, i want a 5 year deal which will allow over payments, which should just about see out my mortgage.The costs of moving to a different provider are huge :eek: . I'm looking to stay with Nationwide on their 5 year fixed at 5.19% (am currently paying 5.05%) , Anybody found anything better,(first active have a good deal but theres not much detail on there website).

Or am i all alone...........

Joe_Bloggs

As a financial Idiot I would say that many mortgage advisors are reticent to say much due to the recent FSA regulatory requirements. The majority of the advice has been to 'consult a financial advisor'. There are bold individuals in the lending loop who find the time to offer general advice which is applicable to all readers.
There are many more borrowers who are on SVR and are too complacent to do anything.
J_B. (Standard Variable Rate)

payless

No one product will suit everyone, and if its just "best buys" that you are after there are loads of sources ( sites as listed in martin's articles , newpapers etc)

I think it would be a bad thing if we touted for business by keep posting " look at this deal"

cheghead

My fixed deal ends soon and I'll owe £25k. As this seems to be the lowest amount you can get on a mortgage 'deal' I am considering the Chelsea 6%cashback (https://www.thechelsea.co.uk). There are no fees at all with it although you have to stay on svr for 5 years. This will give £1500 up front. I think you'll be hard pushed to find a fixed rate deal with 'no fees' that will save that much over 5 years. You can make 20% overpayments and after 5 years I plan to move the money around on various low or 0% credit card deals!

Xbigman

My three year fixed (5.49) deal ends in Nov. Having been bankrupt I was pleased to get a C&G mortgage because the alternative was sub prime and ugly. Now I have a good payment record other lenders will consider me but not for their very best deals and only after a load of agro with extra paperwork. I therefore plan to re fix with C&G for 7 years. The only fee is £199 and very little paperwork. I can't arrange this for 4 or 5 months yet but currently the new rate would be 5.59.

IMHO there is only one wrong move anybody can make. Staying on any lenders SVR.
Regards


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