Which member has the best mortgage rate?

webmasterpolo

Hi everyone

With the credit crunch helping bring the BOE base rate down to the amazing low of 0.5% for nearly 4 years, all those on base rate trackers must be doing well, myself included.

So I thought I'd do a little survey.

What's your mortgage rate?

I currently have a great deal I started in 2008 with the Coop bank, on a lifetime tracker (which was also no fees) at 0.24% above for 2 years and then 0.59% above base for life so I'm currently paying only 1.09%. Plus I get Coop membership points and they offset 10% of my carbon footprint free every year.

-Web

Thrugelmir

.35% above base life tracker. So .85%.

Started mortgage in July 2007.

Currently investing in my SIPP. :beer:

Goldiegirl

I had a mortgage that tracked the base rate, with no additional percentage, so I was paying 0.5% for a long time.

This was for the lifetime of the mortgage, with no arrangement fees.

However, it was a staff rate mortgage of a large lender.

I was able to keep that rate after redundancy, as I was a pensioner of the bank.

I've paid the mortgage off now.

RoxieW

I also have a base rate tracker and am on 0.5per cent. Moving house shortly and sadly can't port this mortgage so looking at rates of around 3per cent.

Let_Us_See

What a smug, boring and pointless post. certainly will be a "small" survey.

R34GTT

HSBC fee free lifetime tracker 0.54% above base rate, mortgage started August 2007.

Softens the blow from the capital loss on the property having bought my first place at the peak of the housing market bubble I've seen a large chunk of equity disappear, thankfully not negative.

dimbo61

I have NO INTEREST in this thread as now nearly fully offset and hope to be Mortgage Free in next 18 months
Love offset mortgages

latecomer

Got a 5 year fixed rate at 5.39% ........... beat that

Peelerfart

Let_Us_See wrote: »

What a smug, boring and pointless post. certainly will be a "small" survey.

You haven't got a low rate tracker then?

Suarez

latecomer wrote: »

Got a 5 year fixed rate at 5.39% ........... beat that

2 year fixed rate 6.29% :eek:

Let_Us_See

Guessed right......I do not have a Base Tracker! Possibly due to the fact my mortgage was repaid years ago.

There are many borrowers around who have lifetime trackers well under base rate from the good old pre-credit crunch days when lenders like Woolwich were giving mortgages away. Consequently, they are paying well below 0.50%.