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Al Rayan 90% LTV @4.49%

I am desperate to secure a mortgage for dream home I have reserved  but I think 4.49% is too high.
Could you share your experience  with me as I don't want to make a mistake.

Comments

  • El_Torro
    El_Torro Posts: 2,211 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A quick look at Money Supermarket tells me that 4.49% is too high, there are banks offering lower than 3%, assuming a 10% deposit. That's even for a 5 year fixed rate. I suggest you look at your options there and elsewhere. 
  • csgohan4
    csgohan4 Posts: 10,602 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    your options will be limited to your own personal circumstances which we do not have. 

    What is high for one person is a bargain for another
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • If you want a sharia mortgage then you don't have a lot of options. 

    If you are happy with a 'normal' mortgage then there may be cheaper options
  • apau77
    apau77 Posts: 28 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    I have a 3 year default which is limiting my options.
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