Have an Offset Mortgage with Woolwich, better off else where?

Tesco_points_addict

Hi,
Mortgage novice(ish) here, I curretly have an offset mortgage with Woolwich their base rate plus 0.59%. Is it possible to get a similar mortgage with another company at a cheaper rate?
Need to loan about £100,000 house value approx. £200,000
Thank you in advance
TPA x

Tesco_points_addict

Anyone pleaseeeeee???
TPA xx

Liney_2

We have just got a new offset mortgage with Woolwich £65k on a £365 property.
We were advised that is was the best one for us by an a friend who is an IFA.

mandalay_2

Hi

That's not a bad deal at all IMHO

Tesco_points_addict

mandalay wrote: »

Hi

That's not a bad deal at all IMHO

Oh bum!! I really hate barclays, they have messed us around so much in the past 2 years, transfered money from my a/c £3k that was in there for house improvements - because a mamber of staff didn't check someone elses sort code:eek: and then told us we could not have it back until they got it from the person they had given it to??!! But it was MY money that they took out without permission...thats just one of many rediculous things that have happened in to us in the last couple of years.
But i dont want to shoot myself in the foot and move to a more expensive mortgage.
Aw well thanks anyway, i supose we have somthing to be grateful for.

KiKi

Abbey Flexible Plus is base +0.49%, but 0.1% is hardly much of a difference!

KiKi

Liney_2

Tesco_points_addict wrote: »

Oh bum!! I really hate barclays.quote]

Me too..but hubby has been with them for years (and I/we still think they are cr*p) but a mortgage is what it is and if its good value we mustn't grumble may get a beter deal in a few years and will remortgage. The worst thing is as we are getting an offset I now have to transfer all my money into our Barclays offset acct so we start getting benefits of having an offset.

fraser

first direct have various offsets that seem to be attracting lots of attention

http://www.firstdirect.com/mortgages/rates.shtml

Capricorn_One

Tesco_points_addict wrote: »

Hi,
Mortgage novice(ish) here, I curretly have an offset mortgage with Woolwich their base rate plus 0.59%. Is it possible to get a similar mortgage with another company at a cheaper rate?
Need to loan about £100,000 house value approx. £200,000
Thank you in advance
TPA x

Sorry, can't answer your question directly but it sounds that you already have a good deal. I heard on the news today that tracker rates for new mortgages are going up by an average of about 0.5% + base rate...

Also, don't the Woolwich allow you to offset your ISA? Hardly any other lenders do that.

allan673

ive just remortgaged with first direct - worth a look, i grabbed the 5.15% 10 year fix in february, this product has gone up slightly now though.
there other offers may be suitable and worth comparing ?