It seems to be every month that I receive A letter from the halifax telling me my morgage rate has gone up. Is this a piss take or what? Are the 80"s making a come back. Should I start to listen to Duran Duran again

 

Yup ours has gone up again

 

Always have had a fixed rate at least you know whats coming out each month then and get no nasty shocks What has your rate gone up to? Ours was fixed for 2 years at 4.8 when we first took it out just remorgaged as the fixed rate come to an end and now paying 5.3% which is fixed for 2 years again.

 

Kin ell... ours is at 7.25

 

Its always best to shop around. We keep ours on fixed rates. Next one comes up in August 2008....

 

Duran Duran are cool!


So yeah, start listening again mate.

But keep hoping the prices don't crash

 

Cant remenber the rate, but now paying nearly Ł 700 A month morgage. Wouldnt care but I put a Ł40.000 deposit down from the sale of the last house. Bought a house 6 yrs ago and made Ł100.000 profit between me and ex wife. Have a smaller house now with a smaller garage for the RS.

 

strange

ive had 6.5 for the last 2 years, and only last month had to renew, and got 6.45 for the next 2 years

 

Not forgetting .A FLOCK OF SEGULLS. Bought a cd of thers for Ł3 from HMV. Total quality.

 

Is that fixed? If so you didn't shop around enough lol We renewed last month changed from the Abbey to Halifax

 

mines gone up too

cant get a better rate as im bad credit scum

paying just over 270 quid a month now,,,,, good job the missus is just about to become a neonatle nurse ( or something with babies and hospitals )

sorry to everyone else but im looking forward to a price crash,,, as then i can actually afford to buy a house and move out of this rabbit hutch

 

it is fixed, and i ve just checked to se what im actually paying

first 2 years was 6.99%
the next 2 years are at 5.75%


carl

 

I just remortgaged yesterday to Northern Rock:

5 years fixed at 6.79% until 1st Sep 2012

Very, VERY pleased, specially as the rates have gone up AGAIN!!

Cheers JB

 

Sounds like u got a good deal compared to everyone else Faye

How come so cheap???

 

I'm so glad I've got a 5 year fixed. Again with the Norhern rock @ 5.6%

Interest rates have gone up 4 times since started my Mortgage in feb!

 

Those of you paying lower rates will of probably paid higher fees that get bolted on to your mortgage so you might actually be worse of.

A lot of people dont even notice this fact on the paper work and just sign of for the lowest interest rate.

Northern rock are well know for this and mamnged to catch me out a few years ago.

If the mortgage is big then this is no big deal as the amount you save on interest can outweigh the added fees.

However, on a smaller mortgage (like me) it was beneficial to take the higher rate and incur no fees saving me about 1k over 2 years.

The mortgage companies have you by the ganglies either way

 

I've got another year to go on my first time buyers fixed rate, not sure on the rate but it was Ł550 a month for the first year, then Ł600 a month for the second and will be Ł620 a month for the 3rd year. Thats on a Ł114k mortgage over 35 years

I'll be shopping about to knock it down to 30 years when I renew

 

You guys are having a laugh.... My mortgage is Ł2562.49 a month, ok agreed I'm paying in an extra Ł750 a month to get it paid off early.

 

I'd just like a job where I took that much home a month let alone paying a mortgage for that much

 

agreed. as with everything, something that is too good to be true, or is strangely cheap, is usually countered by a huge stiff somewhere else.

remember, pleasure pain. pleasure PAIN

 

What? You mean the mortgage companies don't give you something for nothing

 

do you know how scary it is to listen to all this when you dont have a house yet...