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Property over 275k
Cpu2007
Posts: 724 Forumite
I am looking around for mortgage deals and thought I'd ask a question here as well to see if someone knows about better deals.
I was looking for a property that cost around 275k (new build) and was looking forward to buy it.
I went on the moneysaving expert mortgage comparison page and found a deal from whoolwich
WEbsite
I can understand that it all depends on credit score and whether it cane be accepted or not.
However is 2.99% a good deal?
With a deposit of 10k, they can offer 265k. If they can do that, would this be a good deal or considering the current low interest rate I should be able to find a mortgage with a lower interest?
I am a first time buyer.
Thank you
I was looking for a property that cost around 275k (new build) and was looking forward to buy it.
I went on the moneysaving expert mortgage comparison page and found a deal from whoolwich
WEbsite
I can understand that it all depends on credit score and whether it cane be accepted or not.
However is 2.99% a good deal?
With a deposit of 10k, they can offer 265k. If they can do that, would this be a good deal or considering the current low interest rate I should be able to find a mortgage with a lower interest?
I am a first time buyer.
Thank you
0
Comments
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Your question cannot be answered.
The only way to know if a product is good for you amongst those available on the market is to fully understand your situation, that is a job for a broker, not a forum.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 -
96.36% loan to value?
Really?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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