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Coming to end of fixed period, whats out there?
longwalks1
Posts: 3,834 Forumite
Am coming t othe end of my 2 year fixed rate mtg with Woolwich and want to shop around for a better deal, as it reverts back to 2.99% + base rate, ideally id like a 3 or 5 year fixed if theres any good deals out there at the moment?
Cheers
Cheers
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Comments
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Mortgage amount?
Property value?0 -
I've been looking at the First Direct 5 year fixer.
Cracking rate if you have the equity.
I will be in a similar situation in the coming months, last time I fixed for 2 years but this time I feel a 5 or even 10 year fix couldbe prudent.
Based on past performance, if I fix for 10 years then the rate should tumble and be at an all time low right up to a month before fix ends!
Sealed pot challange no: 3390 -
You want us to fill the application in for you as we'll?0
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I've been looking at Tesco that are doing a 2.49% fixed for 5 years with £1495 fees.0
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Look at products upto 75% LTV, as long as that valuation is accurate.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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Just spoke to my current lenders and they've offered me 5 years fixed @ 2.99% with no fee, max LTV 80% (mine is 79%)
Hows this sound?0 -
Sorry kingstreet you are correct, typo my mistake0
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britishboy wrote: »Just spoke to my current lenders and they've offered me 5 years fixed @ 2.99% with no fee, max LTV 80% (mine is 79%)
Hows this sound?
This involves no underwriting, and given your mortgage size and loan to value is a strong offer.
If I were in your shoes and wanted to fix for five years I would take it.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
Thanks all
Amnblog
Thanks for your advice, i thought that too even after looking at some 'best buy' tables, plus its already arranged.
Side question, I diod ask to borrow more to do some home improvements, up to approx £8k, they said it would be a new application etc if I done that, but my mortgage account has £8,700 sitting in it I can use with my cheque book? This is at 4.99% I think though, is this like a sperate loan, I'm guessing at a better rate than a new loan from a bank?
Thansk again for your help0
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