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Would getting a mortgage through the Mortgage Shop be a good idea?
anotherquestion
Posts: 521 Forumite
Hi there Folks,
Relative is dealing with The Mortgage shop and they have sent a quote from one of people they deal with called Accord I believe, brief details below,
Monthly Number of payments: 240 6. Amount of each instalment 26 monthly payments at a fixed rate of 2.23% £258.42 36 monthly payments at a variable rate, currently 3.75% £292.51 178 monthly payments at a variable rate, currently 4.49% £307.34
Just wondering if there better deals than this around.
Thanks a lot for any advice as really appreciated.
Relative is dealing with The Mortgage shop and they have sent a quote from one of people they deal with called Accord I believe, brief details below,
Monthly Number of payments: 240 6. Amount of each instalment 26 monthly payments at a fixed rate of 2.23% £258.42 36 monthly payments at a variable rate, currently 3.75% £292.51 178 monthly payments at a variable rate, currently 4.49% £307.34
Just wondering if there better deals than this around.
Thanks a lot for any advice as really appreciated.
0
Comments
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@anotherquestion If I'm not wrong, The Mortgage Shop are whole of market. So if your relative has been given advice followed by a specific recommendation, it's likely to be the most cost-effective option available at present for their requirements and financial circumstances.
I am a Mortgage Adviser - 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.
1
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