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what rates are people getting at the min?

Hi,

Just out of pure curiosity, just wondered what rates people are getting at the moment?

Im a FTB, best offer we had was with nationwide at 5.8% fixed for two years.

is this about right at the moment?

Comments

  • joshm_2
    joshm_2 Posts: 453 Forumite
    I'm on 5.69% variable. 5.8% sounds ok - not sure what your LTV, fees etc are so can't comment. Best bet is to check out sites like moneysupermarket, I guess.
  • Feanor
    Feanor Posts: 513 Forumite
    Oh yeah sorry, its a 95% mortgage for 30 years. Purchase price 207, 500, so borrowing £197.000
  • Col.Mastard
    Col.Mastard Posts: 248 Forumite
    ^
    How much are your Monthly Repayments on that Deal?
  • Feanor
    Feanor Posts: 513 Forumite
    £1160 a month...
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    There are some slightly cheaper deals, but you would need to see if they would agree the mortgage amount for you and what benefits you woudl want from the mortgage scheme i.e. do a like for like comparison
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • im a first time buyer and looking to buy a flat for £195,000 with a mortgage of 75%-80%. What can i expect to get with a deposit of that size? Also will i get a better rate if i put down 25% rather than 20%? I have set up a meeting with a advisor but want to know what to expect.

    thanks
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