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mortage rates

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spaceboy
spaceboy Posts: 1,906 Forumite
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in Mortgages & endowments
I'm trying to decide whether to stay with Natwest or not. Currently on standard variable arte it is 3.75%. 2 year fixed is 2.69% and 5 year fixed is 3.18%. Do these rates seem reasonable? Loan to value is 70%.

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  • clairebeth
    clairebeth Posts: 299 Forumite
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    To be honest, they look a bit rubbish, but that depends if you have poor credit or don't want to go through the application process again. Have you not looked at a mortgage comparison site?
  • spaceboy
    spaceboy Posts: 1,906 Forumite
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    clairebeth wrote: »
    To be honest, they look a bit rubbish, but that depends if you have poor credit or don't want to go through the application process again. Have you not looked at a mortgage comparison site?

    I need to find the time to do it. They look a bit rubbish to me too.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    How much you owe and the costs involved in remortgaging to a new lender needed to factored in. Headline interest rates are only one aspect. While on the SVR you might as well overpay by whatever you can afford.
  • PawelK
    PawelK Posts: 373 Forumite
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    spaceboy wrote: »
    I'm trying to decide whether to stay with Natwest or not. Currently on standard variable arte it is 3.75%. 2 year fixed is 2.69% and 5 year fixed is 3.18%. Do these rates seem reasonable? Loan to value is 70%.

    Ftb here, 75ltv and 5yrs fixed 2.14 with nwide.
  • AFK_Matrix
    AFK_Matrix Posts: 682 Forumite
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    I've just remortgaged with another lender (Leeds Building Society), 60%ltv 5yr fixed @ 2.1%.
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