First Direct Fixed 5.25 fixed offset

Gambler

rooo wrote: »

Just heard that FD are pulling the 4.99% rate tonight, so get in very quick if you want this. They may of course be putting something better in its place, but I personally doubt it.

I tried this morning but told they are very busy and will call me back within the next 7 days


Just checked the website and the 5 year 4.99 has gone.

InMyDreams

rooo wrote: »

Just heard that FD are pulling the 4.99% rate tonight, so get in very quick if you want this. They may of course be putting something better in its place, but I personally doubt it.

Ooh, well it's already not on the website... there isn't a 5 year fix at all at the moment. Wonder what they will replace with.

Edit: Sorry Gambler, didn't see your edit in time ;-)

Gambler

InMyDreams wrote: »

Ooh, well it's already not on the website... there isn't a 5 year fix at all at the moment. Wonder what they will replace with.

As Brucie would say.....HIGHER !!

hopon

Just spoke to FD and the 5 year 4.99 fixed offset was pulled at 5pm but will be replaced by another deal "in due course"

allan673

hopon wrote: »

Just spoke to FD and the 5 year 4.99 fixed offset was pulled at 5pm but will be replaced by another deal "in due course"

do you think they will replace the 5 year @ 4.99% deal soon with something similar?

LostSocks

jem16 wrote: »

Pack arrived today. He has already had a valuation survey done through his solicitors. FD said to include a copy of that.

We'll get everything gathered up and sent off.

I told FD on the phone that we had a mortgage offer already for this house we are purchasing, so we already have had a mortgage valuation report and an independent homebuyers survey which has the value on it, but they wasn't interested in them. I wish I had just thought on and put a copy in our app when I sent it today.

ixwood

The ten year deal looks very good to me. Why would you go for the 2 or 5?

5.15 is a pretty good rate really. Even after the lastest cut, the base rate is 5.25 and most trackers etc are normally base rate + .5 or whatever.

With the ever growing global population, resource/commodity depletion/competition really hotting up, the ongoing shift of wealth from West to East, the weakening pound and no sign of the global money presses slowing down, the upside risk to inflation/Interest rates must be a lot higher than the downside medium/long term imo.

Fix at 5.15, rates could go to 2.5 or 3% (unlikely), or anywhere up the way. Even the 15% or whatever we've had in tha past. Seems like 5.15 is a very good gamble to me.

People seem to be very trusting of incompetent self serving politicians these days to "not allow" rates to go punishingly high again.

If you look at the historic IRs, you'll see that the 4-6% has only been normal for the last 10 years or so. The rest of it is very up and down and is pretty scary.

And the savings on hassle and fees remortaging if worth quite a lot on top.

jem16

LostSocks wrote: »

I told FD on the phone that we had a mortgage offer already for this house we are purchasing, so we already have had a mortgage valuation report and an independent homebuyers survey which has the value on it, but they wasn't interested in them. I wish I had just thought on and put a copy in our app when I sent it today.

I'm surprised they weren't interested. I spoke to two different people and each said to include it. It may have to be "retyped" for their purposes but it should be acceptable.

mrsm

I feel like this:D.

We decided on the 10 yr fixed. I called again at 5 this morning. Spoke to a lovely guy who was very understanding when I said I was waiting for a call back from last week but with 3 children 4 nd under its hard to talk. He told me to ring back at 8, I spoke to a fab guy who took most info and passed on to another lady with a note to call me as soon as she came in.

We've been agreed in principle for our remortgage, they're sending out the stuff. So hopefully soon I get my new boiler and we can become mortgage free wannabees:j

LostSocks

jem16 wrote: »

I'm surprised they weren't interested. I spoke to two different people and each said to include it. It may have to be "retyped" for their purposes but it should be acceptable.

I've just come off the phone to FD after explaining about the valuations. Nope, they still aren't interested and will be carrying out their own (which I understood, but thought the extra info might sway them on my application).