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(Hidden) costs of Mortgages

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Big mistake just chasing the lowest cost over the fixed term.

    Choice of lender can be a major factor, get it right and your mortgage future is good rates and simple retention switches or potentially never changing again.

    Says a happy base+0.95 lifetime tracker, that is a bit annoyed they did not take the base+0.19 tracker when it was on offer.
  • kingstreet
    kingstreet Posts: 39,258 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wasn't there a large world event which vindicated your choices which had it come two years earlier or two years later might have ensured a different ending?
    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.
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