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Compare Help To Buy Re-Mortgages Rates
Effijy
Posts: 1 Newbie
My Daughter's Help To Buy fixed term mortgage with Barclays is about to end. It seems few lenders want to touch this business?
Those that do have horrendous set up fees and unbelievable rates considering the Bank Base rate is only 0.1%.
There are no comparison sites specific to this type of mortgage?
To give you an idea the deposit put in was £25K, £25K Help To Buy. The house is worth £170K when purchased 20 months ago and a further
£15K spent on landscaping, tiling, and flooring.
She has a very well paid steady job that is well below her 3 times your annual salary ratio.
Can you set up a comparison site specific to this Martin? .
Those that do have horrendous set up fees and unbelievable rates considering the Bank Base rate is only 0.1%.
There are no comparison sites specific to this type of mortgage?
To give you an idea the deposit put in was £25K, £25K Help To Buy. The house is worth £170K when purchased 20 months ago and a further
£15K spent on landscaping, tiling, and flooring.
She has a very well paid steady job that is well below her 3 times your annual salary ratio.
Can you set up a comparison site specific to this Martin? .
0
Comments
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There are so few players it would be a waste of time
The ongoing rates offered by Barclays will be competitive.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
I know what you mean OP - its like the worlds biggest secret finding out HTB rates of those that offer that product. I was looking round for my son and could not find any details0
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My advice would be to go with a broker.
We had HTB and fixed rate for 2 years. We remortgaged and paid off the HTB last year. This may prove to be a bad decision but it was what felt right at the time.
Our broker was really helpful in sorting it out.
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Sorry to hijack the thread but looking at this, if you go down help to buy option are you better getting a 5 year fixed rate (assuming you don't want variable)? Thanks0
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