Finance Review

sjp999

When you remortgage will your LTV be under 60%?

Cotta

sjp999 wrote: »

When you remortgage will your LTV be under 60%?

No if it holds its value it will be £84000 with the mortgage being around £59,500.

The last estimate in January had the house at £90,000 and if it's like that in February the rate will be around 66%.

chockydavid1983

It looks like you may be able to use cash savings to bring your LTV to under 60%, enabling you to access the very best mortgage deals.

Cotta

Will it be rapidly different to the 2.74% that HSBC are offering with a consent to let clause?

Alexland

Cotta wrote: »

Will it be rapidly different to the 2.74% that HSBC are offering with a consent to let clause?

Talk to them and see what they might offer? Also it doesn't really matter what you think your property is worth it's their valuation that counts at the point you negotiate the next rate.

Some mortgage providers are willing to let customers out their current deals a few months early without applying the early repayment charge penalty if they are taking a new product with them. Worth asking.

Alex

cloud_dog

60% LTV - 0.25% less than 70%. Approx savings of £150py

chockydavid1983

https://www.moneysavingexpert.com/mortgages/best-buys/

Cotta

chockydavid1983 wrote: »

https://www.moneysavingexpert.com/mortgages/best-buys/

Is there a way to filter our mortgages with setup fees?

Alexland

Cotta wrote: »

Is there a way to filter our mortgages with setup fees?

No but you can "Sort By" setup fee (top right) to show the ones with zero setup fee first.

inflationbuster

Blimey that's a terrible interest rate on the mortgage _pale_