5 Year Fixed Rate Mortgage 65% LTV 1.89% 'Fee-free'
380°Expired

5 Year Fixed Rate Mortgage 65% LTV 1.89% 'Fee-free'

8
Found 23rd Jun 2017
I am in the process of remortgaging and on the look out for 5 year deals. This one seems to be one of the best 'fee-free' deals on market at the moment.

Rates
Initial rate of 1.89% fixed to 31/08/2022
Followed by Standard Variable Rate (currently 3.99% variable) for the term
The overall cost for comparison is 3.2% APRC

Benefits
No booking fee
No completion fee
Fees Assisted Legals and Free First Standard Valuation available (max £445)
Make overpayments below £1,000 each calendar month without incurring early repayment charges
Fees and charges

Release of charge fee (£100 - paid upon redemption)
Community Updates
8 Comments
Be very wary of this lot.

When you come to the end of your deal they'll give you a redemption fee until the end of the following month.
The conveyancer will suggest completion at the beginning of that month and nothing on the paperwork they send you with the figure on will say anything about the additional being their's if you complete early.
It'll be hidden in your T&C's though.

Conned me out of over £600 this month. It took them a week of incompetence to finally tell me why I wasn't getting the additional money back. Initially telling me I would be.

You'd think paying a financial advisor to find both mortgages 2 years apart would have saved me having to think about this.
just in process of going with tesco 1.92% 5yr fixed rate. service so far has been superb
1.99 % with coventry, unlimited overpayments thought that was ok
bigbak

Be very wary of this lot.When you come to the end of your deal they'll … Be very wary of this lot.When you come to the end of your deal they'll give you a redemption fee until the end of the following month.The conveyancer will suggest completion at the beginning of that month and nothing on the paperwork they send you with the figure on will say anything about the additional being their's if you complete early.It'll be hidden in your T&C's though.Conned me out of over £600 this month. It took them a week of incompetence to finally tell me why I wasn't getting the additional money back. Initially telling me I would be.You'd think paying a financial advisor to find both mortgages 2 years apart would have saved me having to think about this.


bigbak

Be very wary of this lot.When you come to the end of your deal they'll … Be very wary of this lot.When you come to the end of your deal they'll give you a redemption fee until the end of the following month.The conveyancer will suggest completion at the beginning of that month and nothing on the paperwork they send you with the figure on will say anything about the additional being their's if you complete early.It'll be hidden in your T&C's though.Conned me out of over £600 this month. It took them a week of incompetence to finally tell me why I wasn't getting the additional money back. Initially telling me I would be.You'd think paying a financial advisor to find both mortgages 2 years apart would have saved me having to think about this.



I'm in the process of remortgaging away from WBBS and have told the conveyancer to go ahead on the first day after the fixed period. Are you saying there will be a redemption fee for another month?
I read the T and Cs but it wasn't at all clear. Even the mortgage broker said there wouldn't be a fee after the fixed rate period ended
bigbak

Be very wary of this lot.When you come to the end of your deal they'll … Be very wary of this lot.When you come to the end of your deal they'll give you a redemption fee until the end of the following month.The conveyancer will suggest completion at the beginning of that month and nothing on the paperwork they send you with the figure on will say anything about the additional being their's if you complete early.It'll be hidden in your T&C's though.Conned me out of over £600 this month. It took them a week of incompetence to finally tell me why I wasn't getting the additional money back. Initially telling me I would be.You'd think paying a financial advisor to find both mortgages 2 years apart would have saved me having to think about this.

bigbak

Be very wary of this lot.When you come to the end of your deal they'll … Be very wary of this lot.When you come to the end of your deal they'll give you a redemption fee until the end of the following month.The conveyancer will suggest completion at the beginning of that month and nothing on the paperwork they send you with the figure on will say anything about the additional being their's if you complete early.It'll be hidden in your T&C's though.Conned me out of over £600 this month. It took them a week of incompetence to finally tell me why I wasn't getting the additional money back. Initially telling me I would be.You'd think paying a financial advisor to find both mortgages 2 years apart would have saved me having to think about this.



It depends on your t&cs. Apparently mine said I'd pay interest until the following month.
If I were you I'd ring them and ask them. Then ring and ask them again to make sure you get the same answer. They're incompetent.
bigbak

It depends on your t&cs. Apparently mine said I'd pay interest until the … It depends on your t&cs. Apparently mine said I'd pay interest until the following month.If I were you I'd ring them and ask them. Then ring and ask them again to make sure you get the same answer. They're incompetent.



yes, will give them a call. Thanks
Just got 1.94 on 5year fixed no fees with HSBC
dead link.assume expreid?
Post a comment
Avatar
@
    Text