5 Year fixed rate mortgage 2.14% with 65% LTV includes Legal assist & no valuation or application fee with Metro Bank
369°Expired

5 Year fixed rate mortgage 2.14% with 65% LTV includes Legal assist & no valuation or application fee with Metro Bank

28
Found 13th Oct 2016
Great rate for 5 year fixed rate deal with legal assist & no valuation fee!!

NO application fee either..

65% LTV required

28 Comments

cracking deal

Meh. Isn't the 5yr fix with Coventry at 1.99% still valid?

Can get a 5 yr fixed 70% mortgage @ 2.09% with no fee with HSBC.
Edited by: "Franken" 13th Oct 2016

im not good at mortgage staff!!
if someone to buy a house of £150000 with helptobuy scheme how much deposit do they need with this please?
Edited by: "Hardawan" 13th Oct 2016

Hardawan

im not good at mortgage staff!!if someone to buy a house of £150000 with … im not good at mortgage staff!!if someone to buy a house of £150000 with helptobuy scheme how much deposit do they need with this please?



52.5k deposit minimum

Franken

52.5k deposit minimum



​i think's the deposit would around £75000 mark

when is nationwide changing their fees

cikki100

when is nationwide changing their fees



​meant rates not fees

cikki100

​i think's the deposit would around £75000 mark



nope, its 52.5k minimum, 75k would pay for 50% of the house.

Senior economists predict the base rate will drop to 0.1% by the end of the year based on a hard Brexit. I'd recommend holding off on remortgaging for another month or two.

cikki100

​i think's the deposit would around £75000 mark



​I sold my vauxhall astra for the deposit on my first house in 1996!

thank you guys then i would have to leave it:(

great!! cheers!!

Franken

nope, its 52.5k minimum, 75k would pay for 50% of the house.



​the deposit would be 7,500. This wpuld be based on the HTB equity team. 75% mortgage product. 20% government loan and 5%personal deposit

Kebabcasualty

Senior economists predict the base rate will drop to 0.1% by the end of … Senior economists predict the base rate will drop to 0.1% by the end of the year based on a hard Brexit. I'd recommend holding off on remortgaging for another month or two.



if prices rise, and they will , won't inflation start to rise and subsequently interest rates? I'm no expert but in the past rising inflation as always meant rising interest rates.

Wouldn't be so sure prices will rise, assuming you mean house prices. I think the opposite will happen in fact

tinkertaylor

if prices rise, and they will , won't inflation start to rise and … if prices rise, and they will , won't inflation start to rise and subsequently interest rates? I'm no expert but in the past rising inflation as always meant rising interest rates.


This would normally be correct, but if the economy is tanking expect the BoE to reduce interest rates to keep us spending and take a hit on high inflation. I can't honestly see a rate rise for at least the next 12 months, we're more likely to see 0.1% over a rise.

I would be tempted to fix if I hadn't got a boe tracker , going to be an interesting year 2017 .

mellys1609

​the deposit would be 7,500. This wpuld be based on the HTB equity team. 7 … ​the deposit would be 7,500. This wpuld be based on the HTB equity team. 75% mortgage product. 20% government loan and 5%personal deposit



20% government loan? I've assumed he was talking about the h2b ISA's that are the new thing. If there's some other h2b thing then I'm not aware of it.

Franken

20% government loan? I've assumed he was talking about the h2b ISA's … 20% government loan? I've assumed he was talking about the h2b ISA's that are the new thing. If there's some other h2b thing then I'm not aware of it.



​yes i thought you seemed confused. the government has 2 htb schemes running. HTB equity is what the person referred to

Kebabcasualty

Senior economists predict the base rate will drop to 0.1% by the end of … Senior economists predict the base rate will drop to 0.1% by the end of the year based on a hard Brexit. I'd recommend holding off on remortgaging for another month or two.



​you mean 3-4 months, usually after the rates are dropped it takes a month for the banks to pass on the rates

cikki100

​you mean 3-4 months, usually after the rates are dropped it takes a m … ​you mean 3-4 months, usually after the rates are dropped it takes a month for the banks to pass on the rates



​If the base rate drops in November or early December as suggested, the financial services providers will be quick to turn it around as a large majority of fixed rate mortgages start in January for renewal. They'll all be competing for the customers. Hope it works out like that, my mortgage is due for renewal in January!

mellys1609

​yes i thought you seemed confused. the government has 2 htb schemes r … ​yes i thought you seemed confused. the government has 2 htb schemes running. HTB equity is what the person referred to



I see. that still doesnt add up though. This is a 65% ltv deal. You quoted 75% ?

the question from the person asks how much the deposit woulf be on a 150k house on HTB it doesnt ask the deposit for this 65% product

Franken

I see. that still doesnt add up though. This is a 65% ltv deal. You … I see. that still doesnt add up though. This is a 65% ltv deal. You quoted 75% ?



22.5k cash deposit (15%) and 30k HTB (20%)

danc_101

22.5k cash deposit (15%) and 30k HTB (20%)



Got there in the end :-)

Kebabcasualty

​If the base rate drops in November or early December as suggested, the f … ​If the base rate drops in November or early December as suggested, the financial services providers will be quick to turn it around as a large majority of fixed rate mortgages start in January for renewal. They'll all be competing for the customers. Hope it works out like that, my mortgage is due for renewal in January!



I don't think you'll see much of a rate drop if the base rate is to go to down to 0.1% anyway. Carney has said that he is willing to overshoot 2% inflation without raising the BoE rate but most banks only passed on about half of the recent drop anyway.

I've got just got a 1.94% 5 yr fixed with Halifax and there was a 1.34% 2 year fixed as well. You're not going to see mortgage rates drop much below that - the margin just doesn't justify the capital and risk.

check out Quidco or TCB for free advice and cashback. every little helps
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