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3.19% 5 year deal for 75% ltv? Good deal?

2»

Comments

  • callmechar
    callmechar Posts: 627 Forumite
    amnblog wrote: »
    Plenty of deals for 5 years fixed with lower rates including one with no product fee.


    Engage a mortgage broker.

    But is the hassle of mmr etc worth a marginally cheaper rate? We earn 50k between us. Approx 75% ltv. Have one child. No other debts. Just student loan £60 pm.
  • callmechar
    callmechar Posts: 627 Forumite
    callmechar wrote: »
    But is the hassle of mmr etc worth a marginally cheaper rate? We earn 50k between us. Approx 75% ltv. Have one child. No other debts. Just student loan £60 pm.

    Anyone help please? Any brokers with any advice?
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    Given that a mortgage adviser (post 11) has suggested you try it, why not at least see what a broker has to say?
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    callmechar wrote: »
    But is the hassle of mmr etc worth a marginally cheaper rate? We earn 50k between us. Approx 75% ltv. Have one child. No other debts. Just student loan £60 pm.


    What is the 'hassle' to which you refer?


    The 'hassle' should only be relevant if you are NOT using a mortgage broker. It is a broker's job to manage the 'hassle'.
    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.
  • Scale_Rule
    Scale_Rule Posts: 75 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Get a broker. I was dubious but went with the general advice of this forum and found one locally via unbiased.co.uk. Saw him just before Christmas, sorted out a few issues for us with the minimum amount of fuss and I've had a text this morning from Nationwide to say the formal offer is in the post. Brilliant service, i will be recommending him when possible.
    Mortgage Due to Start April 2015 - £165,000
    Over payment Goal £3,000pa (£250/month)
  • callmechar
    callmechar Posts: 627 Forumite
    Thanks.

    How much do brokers charge and how do I find a good one? I'm in Hertfordshire.
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