We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Timber framed house....

We have a 1850's timber framed house. We currently have a 2 yr 0.14% above base rate tracker with C&G. You may have read on the house price forum that we have rennovated and extended it and are no in a position that we need to remortgage to roll up the debt created (loan) into the mortgage.

2 questions:
  • I know that Principality building society (as well as C&G) will lend against a timber framed house - does anyone know of any others?
  • Should I let my current tracker run its course (1 year left) or go for a lifetime tracker (higher % above base but dont need to pay the heavy arrangement fee every 2 years when the 2 year deal comes to an end!).
Thanks

David

Comments

  • I am assuming your on the no ties tracker of last year. Very good deal did 8 cases in one month on, missing those days now LOL!!

    I have told a few of my clients to stick with it. You are still below the life time tracker and if the life timer tracker goes up so will yours! I would let it run and wait until the year is coming to an end. The only client I have moved decided he wanted to budget so we fixed it 1 month after he moved in! Funny I tried to get him to fix from the outset but clients no best!
    :confused:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.