First Time Buyer - Help

Sportie_2

Hello

I have found a house and my offer has been accepted. I have an agreement in principle from HSBC but have to wait 2 weeks before I can even get an appointment to apply for the mortgage. Having looked at their website today, i have noticed that their rate and fees have gone up. They are now 6.29% (fixed) and fees of £799. Anybody know of any good fixed rates at the moment?

Really don't want to lose this house, I need to borrow £138600 and have deposit of £15400

UK007BullDog

Go and see a broker is all I can say who can apply for you online and then also check for you if there are any better rates and fees about.

Pinklady_3

I agree - go and see an independent mortgage adviser - estate agent may have one you can see or may be able to recommend someone. They can find the best rates for you and the most suitable mortgage for you. A lot less hassle than shopping around yourself.

Troubled_Joe

I had something through yesterday from Nationwide - 5.75% on a 3 year fix with £299 fee.

luckyfool

Troubled_Joe - that will have been to 75% I think.

happybroker

Speak to a whole of market broker. One worth their salt should be able to get you an agreement in principle within a day or so which will get the estate agent off your back. Ask friends and family if they have one they could recommend to you.

I think the above rate may be a tracker, looking at Nationwide's website they don't have a rate that low with 10% deposit

Good Luck