Which mortgage? HELP!

Crashtogether

Hi i'm looking for a mortgage of £55,000 over about 6 years.

Best monthly outgoing i've found is £903 a month (around 5.9%). Does anybody know of a better deal?

THanks!

_Andy_

Without knowing some basis of your situation no-one's going to be able to say whether that's a 'good deal' for you.

Crashtogether

Got a cash deposit of £35,000 to put down on a £90,000 apartment in Manchester city centre.

Age - 23 years old
Current Salary - £24,000 looking to go up to £25,000 next year and by 2010 on £40,000.

herbiesjp

That is the right kind of rates you should be looking at.

You do not say if you have any adverse credit history - which would impact on rates available.

You would then need to compare the fees payable on the deal you have found against other similar type deals

You have not said whether you favour variable or fixed interest rates.