So go on then, the new mortage i just took out on a "lifetime tracker" at 0.49% above baserate, how badly have i been fucked over?

Went for the easy option, straight off my branch of lloyds, so im POSITIVE that there are better deals out there with the right company but TBH this one is on a rental property and i just wanted something i could sign for once and forget about from then on in.

What sort of rate should i have got so i know for next time?

 

you should have went to the bank of Kockland and got the 0.89% blow baste rate whacker tracker mortgage.

But thats for "Brand new customers only" !!!!!!!!!!!!!!!!!


pmsl

 

www.moneysupermarket.com is best place to check mate

 

I did have a quick look on there, couldnt find anything with a "discount for the whole term" that was significantly better.

In fact most of it is quite a lot WORSE than my high street lender, quite surprising really!

 

Woolwich are doing a good fixed rate at present.

4.98% fixed for 10 years

Am changing mine to this

Steve.

 

Wise move i feel!

 

Did you get it on a Buy to let mortgage or normal Repayment / Interest Only Mortgage?

 

Buy to let

 

They are normally slightly higher rate anyway aren't they??

Thats what I'm doing next in two years time, although the thing I can't believe is how fooking long the mortgages take to process!! Been waiting a month and a half now, just changing mortgage. They haven't even been to value the coont yet!!!

 

I think the rate was the same on the buy to let but the arragement fee is higher.

 

im on with changing over my morgage as well now

as my first 2yrs fixed is up & they've bumped my morgage up £60 a month

god its confusing in! dunno what to do

as they're all these different charges;

pay of current morgage people to leave
signing up to new morgage few
the morgage peoples fee

plus a ton other i aint a clue bout