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Tracker Mortgages

chimmychango · 2013-03-10 14:35:19

Hi Was looking at buying a house to purchase, renovate and sell. I work in the building trade so was going to do most of the work myself to cut down on costs. I now have enough money to put down a 50% deposit on a house. I was looking at mortgages available without early repayment fees so as to avoid lots of costs when it…

Comments

KTF Posts: 4,850 Forumite

13 March 2013 at 10:59PM

For what its worth I have one of the HSBC lifetime fees free mortgages and there are zero costs involved.

The only caveat is that if you plan to port it and have under 5 years left you have to apply again as a 'new' customer as the min term they will lend is 5 years. No fees again though.

If you have a low LTV and are looking for a tracker then I suspect its hard to beat.

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