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What should I do help please !!!!!
paulb369uk
Posts: 168 Forumite
Just had two quotes and not sure which to take !!! I posted this question within another post but feel it may get lost with my other question, so sorry for the duplication.
FD offering 5.29% 5yr fixed +£299 +£299 + Valuation + tranfer of equity is required £200ish Total upfront payment approx £1000
Principality 5.59% 5yr fixed No other costs apart from transfer of equity £185 Total upfront payment £185
My calculations show their is not much in it, Principality need a reply within 7 Days as this offer is now not avilable and the rate is now 5.79% and FD will contact me within 14 days to discuss !!
I am also due to see a financial advisor on Wednesday to see what they can offer.
Mortgage is for 125k
Thanks in advance
FD offering 5.29% 5yr fixed +£299 +£299 + Valuation + tranfer of equity is required £200ish Total upfront payment approx £1000
Principality 5.59% 5yr fixed No other costs apart from transfer of equity £185 Total upfront payment £185
My calculations show their is not much in it, Principality need a reply within 7 Days as this offer is now not avilable and the rate is now 5.79% and FD will contact me within 14 days to discuss !!
I am also due to see a financial advisor on Wednesday to see what they can offer.Mortgage is for 125k
Thanks in advance
0
Comments
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By my calculations FD offer is a total of 6.39% over 5 years if you take into account 1k fees as a percentage of the loan and add them together.
So looks to me as if Pricipality0 -
By my calculations FD offer is a total of 6.39% over 5 years if you take into account 1k fees as a percentage of the loan (125k) and add them together.
So looks to me as if Principality is the cheapest deal over 5 years.
Come on you mortgage brokers, what do you think?0 -
By my calculations FD offer is a total of 6.39% over 5 years if you take into account 1k fees as a percentage of the loan (125k) and add them together.
So looks to me as if Principality is the cheapest deal over 5 years.
Come on you mortgage brokers, what do you think?
Thanks mpsavuk, anyone else care to contribute !!
Thanks0 -
Anybody please !!0
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FD offers more flexibility perhaps, offset;underpay,overpay etc. Just a thought.0
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If your buying a home, then i wouldnt bother, prices are dropping LTV now around 70%-85%. crazy buying a home now, uttermadness.0
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stuffcrash wrote: »If your buying a home, then i wouldnt bother, prices are dropping LTV now around 70%-85%. crazy buying a home now, uttermadness.
Not buying, remortgaging .
Thanks0
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