| Mortgage Advice Please. 14:34 - Oct 14 with 1423 views | StochesStotasBlewe |
Our fixed rate is coming to an end December 31st. The jump up in payments will be quite significant (for us). What would be the lowest interest rate currently available for getting another in place for those of you in the know and who would be a good broker to talk to about it. We’re living in the Diss, Eye, Debenham area so any help would be greatly appreciated.
Thanks in advance. |  |
| We have no village green, or a shop.
It's very, very quiet.
I can walk to the pub. |
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| Mortgage Advice Please. on 14:40 - Oct 14 with 1383 views | WinchBlue |
I’ve found London & Counties to be very good, but I would check with your existing provider first to see what their best rate is - it saves the hassle of having to dig out your ID docs/bank statement/proof of earnings etc… |  | | |
| Mortgage Advice Please. on 16:12 - Oct 14 with 1183 views | portmanking |
If you can get anything sub-4%, take it and run for the hills. |  | | |
| Mortgage Advice Please. on 21:04 - Oct 14 with 891 views | MillsTash |
We recently went from our 5 year fixed ending at 1.98% to a 2 year fixed at 4.02% that our mortgage advisor found being the lowest. Not ideal but we can manage the jump. We went for a 2 year fixed in the hope they may drop again and we may move in a couple of years.
Good luck. |  | | |
| Mortgage Advice Please. on 21:10 - Oct 14 with 867 views | Kieran_Knows |
| Mortgage Advice Please. on 21:04 - Oct 14 by MillsTash |
We recently went from our 5 year fixed ending at 1.98% to a 2 year fixed at 4.02% that our mortgage advisor found being the lowest. Not ideal but we can manage the jump. We went for a 2 year fixed in the hope they may drop again and we may move in a couple of years.
Good luck. |
Yes, our 1.4% 5 year fixed mortgage finishes October 2026, so dead to think what we’ll be jumping up to then! |  |
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| Mortgage Advice Please. on 21:12 - Oct 14 with 852 views | Cheltenham_Blue |
I took a look last week and the best available rate for us was with HSBC.
Best bet is always a whole market broker though, 2nd vote for L&C |  |
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| Mortgage Advice Please. on 15:01 - Oct 15 with 574 views | tommcd |
Another vote for London and Country.
We've had 3 mortgages through them, and 2 out of 3 they've managed to turn up better deals than anywhere else (same interest rates, but slightly better 'cashback'). 3rd time they were equal best. If I remember rightly they have a 'partner' solicitor to deal with the legal work (if it's not included within the mortgage prices anyway) who are very competitive.
Minor annoyance; they're quite persistent in trying to sell you 'protection' insurances (life, critical illness, etc). |  | | |
| Mortgage Advice Please. on 16:05 - Oct 15 with 511 views | PrideOfTheEast |
| Mortgage Advice Please. on 21:10 - Oct 14 by Kieran_Knows |
Yes, our 1.4% 5 year fixed mortgage finishes October 2026, so dead to think what we’ll be jumping up to then! |
Probably around 4%. Start looking early next year and, if you can, play around with loan to value as rates do differ quite significantly between certain thresholds. | | | |
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| Mortgage Advice Please. on 16:22 - Oct 15 with 481 views | Blue_Balls |
As a general point, mortgage quotes normally stay valid for 6 months. If rates go up in the 6 months then you've locked in a better deal. If they go down you just get a new quote.
Worth bearing in mind if your fixed rate is coming to an end anytime soon. |  | | |
| Mortgage Advice Please. on 16:28 - Oct 15 with 466 views | Zx1988 |
| Mortgage Advice Please. on 15:01 - Oct 15 by tommcd |
Another vote for London and Country.
We've had 3 mortgages through them, and 2 out of 3 they've managed to turn up better deals than anywhere else (same interest rates, but slightly better 'cashback'). 3rd time they were equal best. If I remember rightly they have a 'partner' solicitor to deal with the legal work (if it's not included within the mortgage prices anyway) who are very competitive.
Minor annoyance; they're quite persistent in trying to sell you 'protection' insurances (life, critical illness, etc). |
Agree with L&C, too.
Very good for us, and left me struggling to see why anyone would pay a decent three-figure sum to a broker, especially when they're also getting their commission from the lender. | |
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| Mortgage Advice Please. on 16:29 - Oct 15 with 458 views | J2BLUE |
Have a look at Habito.
Also, Skipton always seem to come up whenever I look. |  |
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| Mortgage Advice Please. on 16:36 - Oct 15 with 432 views | tommcd |
| Mortgage Advice Please. on 16:22 - Oct 15 by Blue_Balls |
As a general point, mortgage quotes normally stay valid for 6 months. If rates go up in the 6 months then you've locked in a better deal. If they go down you just get a new quote.
Worth bearing in mind if your fixed rate is coming to an end anytime soon. |
Really good point.
I did exactly that when I last remortgaged, explained to L&C that was what I was doing, and the L&C guy proactively did 3 more interim checks between the '6 months to go' initial contact and about 6 weeks before I needed to switch.
Each time he turned up a better deal (rates were slowly dropping at the time) and recreated / re-requested agreements-in-principle each time to 'lock in' the deal, without me needing to ask. Maybe I got lucky with a pro-active 'agent', but I was impressed with how much unprompted effort was put in by them to get the best outcome for me. | | | |
| Mortgage Advice Please. on 16:48 - Oct 15 with 400 views | greyhound |
A lot of financial institutions are forecasting 2 further rate drops by end of financial year. Currently November and Feb. November looks less likely currently but these things normally materialise in time. Rates increasing in the market before this time is a way for the banks to capitalise a bit financially before profits take a forced reduction.
Worth considering. | | | |
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