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Buy to Let - 5 year fix? Leeds BS?
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SVR is the highest in the industry at 5.99% but how many customers actually go onto their lender's SVR?? Not many I would imagine.
Just the one's that no longer meet criteria to move lenders and are screwed by their current lender.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 -
Quite. When I explain to potential clients that Accord is 0.2% cheaper for two or three years, but the SVR is 2% higher for the other 22/23 years, they understand why I think (for example) Nationwide is a better option.Just the one's that no longer meet criteria to move lenders and are screwed by their current lender.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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