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Mortgage Advice Please
Comments
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Whole of market for commission paying products, but no independent option of direct-to-lender products, so you need to do your own research for them.Aberdeen_Taff wrote: »Thanks for your advice. L&C are calling back tomorrow with their findings so hopefully good news there. I don't think they are whole of market though?
Do you want/need a two year fixed rate, or are you looking at them only because the rates look lower than all others?
As I said, if the same product was suitable for everyone, there would be no other options. Would your needs and circumstances suggest a longer term rate may be more beneficial?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 -
My needs just now would suit a 2 or 3 year fix as I would anticipate promotion in that period and this will allow me to settle myself knowing I am about £850-900 PCM payment wise which is comfortable.
If I get the opportunity to overpay I will (or put it away and pay off at the end of 2 years if I can't overpay) and then I will know where I stand financially.
I like the look of some of the YBS ones - 2.19 for a 2 year fix.0 -
As mentioned, YBS is direct only, so L&C will not be able to advise or arrange with them. You need to establish if you'll be better off with such a deal.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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I will call YBS tomorrow. Would a broker get a better deal than the one on offer 'in the window'?0
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