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!
Anyone had a First Direct 5 Year Fixed who can help.

LULULU1
Posts: 462 Forumite


We have been offered a 5 year fixed rate mortgage LTV 75% at a rate of 3.29% with FD
If I pay the £950 fee they will hold this mortgage for us for 6 months.
My concern is that if something happens and we cannot sell our place its quite a loss of money to lose.
Also If I accept this and does anyone know what other hoops I have to go through before they release the funds.
If I pay the £950 fee they will hold this mortgage for us for 6 months.
My concern is that if something happens and we cannot sell our place its quite a loss of money to lose.
Also If I accept this and does anyone know what other hoops I have to go through before they release the funds.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards