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Halifax mortgage retention deal
Options
chanz4
Posts: 11,057 Forumite
Not sure which one would be best, 63% Ltv:
2 Year Fixed - £450 (Approx)
Interest rate:
1.99%
Monthly payment:
£450
Including mortgages you're not switching, this is your approximate total monthly payment.
Early repayment charges:
3% until 31/10/2016, then 1.5% until 31/10/2017
or
4 Year Fixed - £500 (Approx) Interest rate:
2.99%
Monthly payment:
£500
Including mortgages you're not switching, this is your approximate total monthly payment.
Early repayment charges:
4% until 31/10/2016, then 3% until 31/10/2017, then 3% until 31/10/2018, then 2% until 31/10/2019
2 Year Fixed - £450 (Approx)
Interest rate:
1.99%
Monthly payment:
£450
Including mortgages you're not switching, this is your approximate total monthly payment.
Early repayment charges:
3% until 31/10/2016, then 1.5% until 31/10/2017
or
4 Year Fixed - £500 (Approx) Interest rate:
2.99%
Monthly payment:
£500
Including mortgages you're not switching, this is your approximate total monthly payment.
Early repayment charges:
4% until 31/10/2016, then 3% until 31/10/2017, then 3% until 31/10/2018, then 2% until 31/10/2019
Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
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Comments
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anyone got an idea with this one?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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Personally, I am a peace of mind chap so I'd take the 4 years, unless you are planning to move etc and require a bit more flexibility0
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its paying a lot more for it in the short term, that's the issue.Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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Nobody has a crystal ball to tell you the answer - where interest rates will be in 2 years from now :-)
I'd take the 2-yr deal at 1.99% and overpay as much as I can, but that's me... because I might want to move in about 2-3 years from now
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pay off all CC debt by July 2017
current CC debt: £10,560 ¦ paid to date: £00 -
I went for the 2 year in the end, will then review. Anyone got idea how long once done online they send the docs to be seen?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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