chuffed, just fixed my mortgage for 5 years @3.99%

[King Herald]

Tiggsy said:

Kermit power said:

Is that a good deal?

Ours is on base rate +1.34%, so we're currently paying 1.84%.

ask that again when the base is at 8%!

3.99 is superb at 5 years....the second we get a rise the lenders will start offering 6/7 % fixes.

We have 4.9% for 7 years, (2 years gone already) so I thought of re-financing, but the penalties would likely outweigh the benefits, unless we got a good solid five more years out of it.

Edited by King Herald on Saturday 28th March 21:58

[theboyfold]

russ_a said:

i fixed just before the crash at 6%

Got a 6k get out clause too!!! - Costing me £200 a month - Still trying to work out if its better to move.

Looked at the HSBC site and couldn't see the rate mentioned fixed for 5 years.

I'm about the same. Tempted to get out of it as my neighbour wants to extend and we share a wall so we might do something at the same time. Moneysavingexpert.com has a tool that explains if it's worth getting out of your current deal.

[Adam T]

sussexjob said:

that's up to 250k, it's just come on the market but i don't think it will be there long.

The imprtant thing I cant see by the op. is what LTV % was this for?

And which lender?

[scotal]

HSBC, and 60%

[Adam T]

scotal said:

HSBC, and 60%

Cheers Scotal. Currently looking at the Moment, but not near 40% deposit levels for the shear value of deposit req'd @40%!!!

Not Particularly realistic.

Remeber fixing all my BTL @ -0.75% boe.

[scotal]

Adam T said:

scotal said:

HSBC, and 60%

Cheers Scotal. Currently looking at the Moment, but not near 40% deposit levels for the shear value of deposit req'd @40%!!!

Not Particularly realistic.

Remeber fixing all my BTL @ -0.75% boe.

feel free to drop me a line.