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No Fee Mortgage Help

ger2000
ger2000 Posts: 51 Forumite
in Mortgages & endowments
Hi there, could anyone recommend a no fee mortgage? I have a LTV about 62%. The mortgage would be a repayment over a period of 21 years in Scotland. I am currently on a rate of 2.64%.

Any help would be greatly appreciated.

Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    See a broker. That's what they do. And they will take everything into account
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is it a purchase or remortgage? Much more information than that is needed (salary, occupation, property value, amount of deposit) to really make a selection of lenders but if its a remortgage make sure you check the retention deals that your existing lender would offer first.
    I am a Mortgage Adviser

    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.
  • ger2000
    ger2000 Posts: 51 Forumite
    MortgageMamma wrote: »
    Is it a purchase or remortgage? Much more information than that is needed (salary, occupation, property value, amount of deposit) to really make a selection of lenders but if its a remortgage make sure you check the retention deals that your existing lender would offer first.

    It is a remortgage,combined salary of 53K .Property value is 90K with a balance of 57K. Hope this helps
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    How much can you pay each month on that salary 10y should be a doddle 5y if really trying.

    What can your current lender offer?
    Is that rate you have going to change/end or is it a tracker.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    ... and why do you want it to be no fee?

    Don't you just want the cheapest over the term?
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Perhaps he means broker fee's or doesn't want to pay a valuation fee or something
    I am a Mortgage Adviser

    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.
This discussion has been closed.
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