More good news for us advisors !!!!

ThomasJames_2

Expect to see fixed rates increase again ! Where is the scope to get someone to do a remortgage and pay 1/2/2.5% arrangement fees for fixed rates that are not a million miles away from where they will be on SVR's ??

Ian_Griffiths_Halifax

Hi ThomasJames. I notice you say for US Advisers. Just so you don't get into trouble with the Internet Police, if you are a mortgage adviser you should have the Mortgage Adviser notice in your signature.

See this thread http://forums.moneysavingexpert.com/showthread.html?t=325378

ThomasJames_2

now sorted

mortgagemark_2

Up again today .....

http://www.swap-rates.com/UKSwap.html

ThomasJames_2

^^ that is the same graph I posted??

Geoff13_2

Only updated for 10th June - yes

ThomasJames_2

Ar sorry, my browser was defaulting to the 6th ! properly refreshed now, wish I hadn't bothered !!! lol

Rick62

These are huge increases in a very short time.

Anyone else have clients who have been holding off remortgaging until lender rates come down? :rotfl:

UK007BullDog

I feel so vindicated once again!!!!!!! YES!!!!!

Have been saying this on here for months. Get the best fixed deal most suitable and dont dilly dally around hoping/waiting for a better deal. There aint any out there right now.

Dan_Collins_2

Agree Bulldog, but they know best!

Now, I dont mean to be negative, I am normally very positive. However for a year or so at least, the broker is not needed or wanted by the major players.

They know that only 5-6 lenders are really lending, they have lower lending targets and are all increasing branch and retail staff. Abbey are making a huge push for it as they want a bigger share.

However they will not want to lend as much as over the last few years and the city trading and security stuff is not getting any better, inflation is on the up and house prices going down. The US has more to give (bad not good) and regulation is going to get harder and we will be forced in to a fee charging business model (Not a bad thing though).

skaff

Rick62 wrote: »

These are huge increases in a very short time.

Anyone else have clients who have been holding off remortgaging until lender rates come down? :rotfl:

I would say gents that although these opinions you are stating are personal ones and not professional, you aren't giving a good impression of MAs. There are alot of MAs in these forums that give excellent advice and comments like the quote above belittle that good name.