We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Tracker Mortgage
Options
Rob204
Posts: 5 Forumite
Should I be changing my tracker mortgage or hang on in there?
0
Comments
-
erm.....what are the deal specifice and who with and any tie ins.
How affordable is it -how many more rate rises can you afford (when putting details into a payment calculater?I am a Mortgage AdviserYou 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.0 -
its base rate plus o.79.
abbey.
earley repayment of 180.
any ideas?0 -
50,000£ mortgage. repayment.
base rate plus 0.79
early repayment 180£
abbey.0 -
due to the term and the low amount of mortgage any saving at the moment would be minimal as you would be fee sensitive. I would only change if you are really concerned with rising rates and think that its going to push your payments beyond your ability to repay.
I think that you should just batten down the hatches otherwise and see what the next 6-12 months bring. If it starts rising too much before that point where it starts getting too much then get yourself to a mortgage adviser.I am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards