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Mortgage Rate / Advice
Options

scoops82
Posts: 247 Forumite

Hi All
Sceanario
*House in my name only
*Salary £33k
*House Value £200+k
*Mortgage Redemption value = £120k
*Remortgage Amount to be requested = £140k
*Live with my fianc! & 1 year old
*Own another property with CTL, Rent £495pm, IO mortgage is £175pm
I would like to sign up to a new mortgage ASAP, ideally with a provider that has offer valid for more than 3 months to beat the expected May rate rise.
Looking at Nationwide with 5 year fix 2.19%
I currently use a fee free broker but am happy to pay for the service if the rates above are beatable.
Thanks
S
Sceanario
*House in my name only
*Salary £33k
*House Value £200+k
*Mortgage Redemption value = £120k
*Remortgage Amount to be requested = £140k
*Live with my fianc! & 1 year old
*Own another property with CTL, Rent £495pm, IO mortgage is £175pm
I would like to sign up to a new mortgage ASAP, ideally with a provider that has offer valid for more than 3 months to beat the expected May rate rise.
Looking at Nationwide with 5 year fix 2.19%
I currently use a fee free broker but am happy to pay for the service if the rates above are beatable.
Thanks
S
Scoops 

0
Comments
-
It is beatable but not significantly more so. Nationwide's offers are valid for only 3 months, whereas some other lenders are 6 months.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.0
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