We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Switching to HSBC variable or a terrible idea?
marinamak
Posts: 7 Forumite
Would you do it to save fees?
Situation: HSBC 5 year fixed to end june 2013. Not a good deal!
Will have Paid: 139,000 of 322, 000 (100k in original deposit, 40k in repayments)
Current payments: £1375 a month, interest and repayment
Mortgage left in June 2014: 183,000
Current value of property: 600,000, bought in 2006
Current financial situation: small business owner for 1.2 years, loew income, own 30% share in another property worth 1.5 million
Most of above is off the top of my head but gives an idea.
What would you do? Do I need a broker?
Situation: HSBC 5 year fixed to end june 2013. Not a good deal!
Will have Paid: 139,000 of 322, 000 (100k in original deposit, 40k in repayments)
Current payments: £1375 a month, interest and repayment
Mortgage left in June 2014: 183,000
Current value of property: 600,000, bought in 2006
Current financial situation: small business owner for 1.2 years, loew income, own 30% share in another property worth 1.5 million
Most of above is off the top of my head but gives an idea.
What would you do? Do I need a broker?
0
Comments
-
HSBC don't deal with brokers.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards