Anyone else paying .47% on their mortgage after today?

[birdcage]

Not gloating, but fairly pleased...

Now paying .47% on a LARGE mortgage until November with C&G

If I was nuts I could buy a 360 CS on Finance, but I'm not so I won't....No I won't....Well...No....

[Parrot of Doom]

I wish I was, currently I'm on a fixed rate - I think it ends in September but tbh I can't remember.

[Steve H]

birdcage said:

Not gloating, but fairly pleased...

Now paying .47% on a LARGE mortgage until November with C&G

If I was nuts I could buy a 360 CS on Finance, but I'm not so I won't....No I won't....Well...No....

Have C&G passed it on?..... fantastic news, mines with them as well!!!

[SpydieNut]

we're tracking at .19% above base

currently at 1.69%. due letter any time now confirming drop to 1.19% (backdated to 1st March) as happened with previous cuts.

then about 1 month from now we should get a letter passing on this cut (backdated to 1st April)

[Carl_Spackler]

6.29% fixed till December

But then 2% above base ,which will be -2% the way things are going.

[phillvr6]

We're .49% above the base rate for life, have been for a few years now.

Phill

[GreenDog]

6.64 for the next 4 years - got the fixed rate at just the wrong time and now wondering if its going to be worth buying my way out.

[shirt]

no, but my SVR is going to be 2.89% and thats with northern rock. just need a decent fix now and i am laughing. my rate was 7.19% last summer, happy days.

[RVVUNM]

SpydieNut said:

we're tracking at .19% above base

currently at 1.69%. due letter any time now confirming drop to 1.19% (backdated to 1st March) as happened with previous cuts.

then about 1 month from now we should get a letter passing on this cut (backdated to 1st April)

Snap, got it last Sept at the same time a numpty workmate secured his 6.8% fixed for 3 years, I tried but he wouldn't listen.

[scotal]

GreenDog said:

6.64 for the next 4 years - got the fixed rate at just the wrong time and now wondering if its going to be worth buying my way out.

Happy to do the sums for you if you like. Depends on your LTV, ERC's, and income.

[Colin_147]

We are also stuck at 6.6% until October - dont know what the rates will look like around October time, but then I guess nobody does

[dan1981]

scotal said:

GreenDog said:

6.64 for the next 4 years - got the fixed rate at just the wrong time and now wondering if its going to be worth buying my way out.

Happy to do the sums for you if you like. Depends on your LTV, ERC's, and income.

Scotal,

I'm in a similar position - locked in for another 18 months at above 6%.

Would you be so kind to pm me with the info you require?

Thanks in advance

Dan

[andy-xr]

Nope, 5.99 til Jan 2010

As long as I keep my job I'm fairly happy with that. I dont have the balls to risk it if we hit 10%+

[chippy17]

GreenDog said:

6.64 for the next 4 years - got the fixed rate at just the wrong time and now wondering if its going to be worth buying my way out.

I know how you feel, 5.6% for the next 2.5years!! Depending on how big your mortgage is, plus what penalty you have etc, worth looking at. I am now seriously looking to remortgage even though I have a large penalty the maths now add up...

[Roo]

SpydieNut said:

we're tracking at .19% above base

currently at 1.69%. due letter any time now confirming drop to 1.19% (backdated to 1st March) as happened with previous cuts.

then about 1 month from now we should get a letter passing on this cut (backdated to 1st April)

Sounds similar. .19% above but think ours has already taken the last drop into account.

[Adam B]

Colin_147 said:

We are also stuck at 6.6% until October - dont know what the rates will look like around October time, but then I guess nobody does

base rates? pretty easy to guess IMHO, about same as now


I have a 0.99% above base for life, pretty damn happy with that considering I got it in Dec 08 and arrangement fee was £399

[Puggit]

Still on 4.75% until June 2010, and I like it that way...

[GTIR]

Me too

5.89 fixed until 2013

Its just one of those things, it could have gone the other way. You just dont know.

Still, there was no fee so all is good. Ish.

[Gulzar]

Am on clean 5% fixed for 2 years.

Am actively looking to transfer our commercial mortgage (profitable hotels) to other brokers offering decent rates and 60%+ mortgage if anyone would like to recommend!

[Rich S]

Nat West were selling their most aggressive tracker about 18 months ago at 0.36% bellow base , with no floor !

One more cut , and they will be paying you to have a house !

It will be interesting to see what happens in practice