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some advice on mortgage 5x my salary

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Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    It depends what that particular deal tracks - SVR or BoE

    It will move up and down in line with changes in interest rates, subject to the maximum rise, as dictated by the cap

    It should state on the illustration, if not, get the adviser to confirm back to you
    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.
  • stolt
    stolt Posts: 2,865 Forumite
    herbiesjp wrote: »
    It depends what that particular deal tracks - SVR or BoE

    It will move up and down in line with changes in interest rates, subject to the maximum rise, as dictated by the cap

    It should state on the illustration, if not, get the adviser to confirm back to you

    thanks, i couldn't see it on there so I'll fire a mail off to him.

    thankyou
    Listen to what people say, but watch what people what people do!!
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