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Fees ?
Comments
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It's likely to be the mortgage report & valuation fee, not a search fee.travelmonster wrote: »Thanks for the above mate .... what about arrangement fees etc ?
Also what is halifax searches?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 -
Cheers for that fellas. Really appreciate that. So I find was to borrow 150k. .. @2% interest fixed for 5 years. How would I work out the monthly cost ?0
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http://www.bbc.co.uk/homes/property/mortgagecalculator.shtml - you can mess around until your heart is content. It is not spot on but should ot be more than a couple of pounds out one way or the other.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
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Thanks for that mate. Does the calculator not tell what's going towards interest and what's going towards capital? Or is that 2 confusing ?0
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It does not tell you that no, its just a basic calculator.
Have a look on google for an amortization calculator. The first link is in $, but just image the £ sign and the figures again should be more or less right.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
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