5yr fixed rate mortgages

[Terminator X]

Slightly o/t but what happened to 25 year fixed rates which were supposed to be our saviour? Those adverse to risk could then fix the rate for the life of their mortgage ...

TX.

[tali1]

After much dithering i remortgaged with current lender .2yrs/2.24%fixed/no fees.

[GTIR]

tali1 said:

After much dithering i remortgaged with current lender .2yrs/2.24%fixed/no fees.

That's good.

Far better to go with current lender than using a mortgage broker. Often their deals are worse than what your current lender is offering, even though you may feel obliged to use them (Especially if they put smileys in their correspondence), plus they usually have a fee.

[tali1]

GTIR said:

tali1 said:

After much dithering i remortgaged with current lender .2yrs/2.24%fixed/no fees.

That's good.

Far better to go with current lender than using a mortgage broker. Often their deals are worse than what your current lender is offering, even though you may feel obliged to use them (Especially if they put smileys in their correspondence), plus they usually have a fee.

London and Country have no broker fees
2.09%fix/£99fee is best i could find with west brom
But i find London and Country annoying - been on their system for years and have to go thru whole process again just for a quote .And they just want to sell you life protection -in fact i think it is a requirement of theirs.
Oddly , no trackers from Halifax now -this is my first ever fix deal.Will max out 10% overpayments
Last time i tried to switch the lender refused on visual survey due to "subsidence" (which i got fixed for £20 of pointing)
How much will a new lender check as i have had alterations ?(loft space non dormer converted to bedroom)

Edited by tali1 on Saturday 1st February 20:00