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Mortgage Interest Rate
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patch9495
Posts: 141 Forumite
Morning Everyone,
Just a quick question, we are going for our first mortgage in the not too distant future.
To help me budget monthly payments, do we get the interest rate on the mortgage product that we apply for on the day or whatever the rate is on said product once the house purchase completes.
Thanks in advance
Just a quick question, we are going for our first mortgage in the not too distant future.
To help me budget monthly payments, do we get the interest rate on the mortgage product that we apply for on the day or whatever the rate is on said product once the house purchase completes.
Thanks in advance
0
Comments
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You apply for the product with the mortgage.
So it will be whatever you apply for, rather than what is available when you complete.I am a Mortgage AdviserYou 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 -
Thanks for the clarification ACG0
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