Mortgage Deals

Mortgage Deals & Offers

521 deals 13,766 comments
Yorkshire building society 2-year fixed rate mortgage 1.32%, 65% LTV, £495 fee
305°
Found 11th AprFound 11th Apr
Hey, if you’re looking for a new mortgage, this fix from Yorkshire building society isn’t bad. It offers: Two-year fix at 1.32% £495 fee Free valuation Available up to 65… Read more
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teerex

The rate why up the day after I applied. We had been warned by the broker though so we got our application in quickly.

furrygg

Fd 1.94 (60% ltv) fixed for 5 years with no fee works out cheaper for me. Plus I can only see 1.89 on Sainsbury’s now

trannyboy

The only way is up........fix while you can but watch out for those fees if you have a low amount left to pay.

Oneday77

No nerves here. Though going by your delightful response. Your nerves are frayed and dinner is noodles again.

abz123_2013

Looks like a hit a nerve must be ur dads company

10 Year Fixed Rate Mortgage 2.49% - No Fees - 60% LTV (Loan to Value) @ First Direct
1489°
Found 3rd AprFound 3rd Apr
Have been looking at mortgages and looks like a lot of the 5 year fixed deals have been hiked in rate. The 10 year fix for First Direct is still 2.49% which looks a very competiti… Read more
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louisajoyce

Thanks for the response - I have literally never heard of this and in fact paid 6k when the market crashed to get out of an expensive mortgage, why did no one tell me to repay but not close! I’m telling everyone!

wakingmammoth

No, you're only tied in for 10 years so you could pay the balance at 10 years plus one day without penalty. To be honest, I think if you call them and ask to set the mortgage term to 10 years they would you let you. I just don't think the online search likes it if you put 10 years in as the term of the mortgage.

greencode

Does this mean that I would have to go for 11 years. Then at the end of the 10th year, pay it all off but leaving a few pence in the mortgage so I fulfil the 11 year term I would have agreed?

89quidyoucantgowrong

Or if your loan interest rate is lower than inflation?

smilespiles

Hi where did you see that deal as i can only see 2.54% ? i am with them now so it would suit me .

Barclays 7-year fixed mortgage 2.19%, £999 fee, 60% LTV
389°
Found 13th MarFound 13th Mar
Barclays has joined a small, but growing, group of mortgage lenders offering seven-year fixed rates. Most deals tend to be for two, five or 10 years. But if seven years is what … Read more
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trannyboy

Fix for 5,7 or 10 years then overpay all you can up to the usual10% limit on a standing order, savings rates are so low it's better to service the debt with any spare money. If you agree formally with the lender to reduce the term you can't back out if money is tight wheras the standing order has the same effect but you have control. Money saving expert has a calculator tool that shows the benefit of overpaying, my 11 years remaining at £270 per month becomes just over 5 years with an additional standing order overpayment of £200 per month.

smilespiles

if you find one like this with no fee , thatll do me as well.

Dealmessiah

Furthermore: you say you've nearly paid your mortgage off. Did you get an inheritance or have rich parents? If not, well then, you can see the irony in my assumption, surely? Btw - your sympathy is a little bit overbearing in the smug department too.

Dealmessiah

I understand your view and I still forgive you. An apology for calling me a "tool" would also be appreciated. For future reference, you could have responded with "a mortgage is a loan secured against an asset, usually a house, that allows people to buy a house". Would have been more fun.

smk77

I think you missed the point. Whenever there is a mortgage deal there is always someone bragging about being mortgage free and usually with comments similar to yours. That might explain the number of 'likes' and perhaps a misunderstanding of your comment. For the record, I will be shortly be mortgage free although looking at the possibility of moving (and therefore increasing my mortgage) but it's affordable and I have a good LTV too. It's not a 'sore' subject by any means and certainly not affecting my ego. I am grateful I am not starting on the housing ladder now. It's virtually impossible for people unless they have parents who can make a significant contribution to the deposit. That's not something my parents had to do but something I am likely to have to do for my own children. Having a mortgage for the majority of working life is a massive commitment. Many people struggle during the period they are raising a family and with a reduced income. Being mortgage free and bragging on here is really quite pathetic though. If of course you aren't bragging and are actually struggling to obtain a mortgage then you have my sympathy.

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Yorkshire Building Society 10-year fixed mortgage 2.54%, £995 fee, up to 75% LTV.
230°
Found 8th MarFound 8th Mar
Fancy fixing your mortgage for the next decade? If you do, Yorkshire building society has the following deal: 10-year fix at 2.54% £995 fee Available up to 75% Overpayment… Read more
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ethooo

thx (pirate)

ST30

just got 10 year fix with firstdirect 2.49% with no fee

Zlorf

If/when the debt crisis appears, and rates go to the moon, your mortgage issuer will write to you giving six months' notice of their revised rate. Read your contract line by line.

neversay

It doesn't come up for me and we have a very low LTV.

nailsy

I can't see this on their website. Has anyone else found it?

Tesco Bank, five-year fixed rate mortgage 2.01%, no arrangement fee, 60% LTV, plus Clubcard points
818°
Found 27th FebFound 27th Feb
Tesco Bank has launched a new range of mortgage products with some either being for house purchase or remortgagers. The best ones are five-year fixes with no arrangement fee. For… Read more
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Simonlovell100

Currently remortgaging through L&C onto a Coventry BS mortgage 5yr fix @ 2.19 with a 499 fee however no ERC and unlimited over payments. Happy to pay the fee to be able to exit the mortgage at any time if I need to move.. porting is an utter nightmare with some banks esp Santander so beware! This deal is for max 60pc ltv btw.

MMc1966

MMc1966

I got the same info about the 3 or 4 months thing, it got very complicated on whether I could or couldn’t, but eventually worked out that I couldn’t!! Fingers crossed, if I find anything I’ll take a screen grab n post it here

MMc1966

Worth a look, that’s from a search this morning but not sure how good the lender is

MMc1966

2 Year Fixed Rate Mortgage 75% LTV 1.59% no fee @ West Bromwich Building Society
335°
Found 27th FebFound 27th Feb
2 Year Fixed Rate Mortgage 75% LTV 1.59% no fee No booking fee No completion fee Fees Assisted Legals and Free First Standard Valuation available (max £445) Make overpayments… Read more
iamprobably

Nuno had a dream....

2007Ladybird

I’m with West Brom and have no issues at all

Darklord

Interest rates are going up not down.

Malachi_X

It's 2018 not 2008

ran123ran

Been hints at they going up, possibly a raise in may and then later in the year

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Skipton 7-year fixed rate mortgage 2.99%, 90% LTV, no fee
320°Expired
Found 14th FebFound 14th Feb
Not many lenders offer seven-year fixed rate mortgages, they tend to be for two, five or 10 years. But if seven years is what you want Skipton is offering: A 7-year fixed rate a… Read more
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Dragon32

Yes - we had just come to the end of a 5 year fixed and think that was just under 4%.

conorgraham

Actual rates are below. Its a decent deal overall but going from 3.99% to 7% at 90% LTV is too much of a jump for me. 7% until 31 May 2019, then 7% until 31 May 2020, then 7% until 31 May 2021, then 6% until 31 May 2022, then 5% until 31 May 2023, then 4% until 31 May 2024, then 3% until 31 May 2025

writergirl74

Always tricky to tell with mortgages. They don't tend to advertise deals for a length of time - they just update their rates every so often.

superfinno

HSBC offer some of the best rates out there. Whilst you should always check the market, as an existing customer, with a low LTV (<30%), and assuming you have no intention to move, I’d renew with HSBC on best rate available - you shouldn’t have to pay any Product Fee, and there’d be no legals or valuations required. Take a 5 year fix, and pay it all off in that time with over- payments - you won’t regret it, if you are in a position to overpay. Then boom! The house is all yours in 5yrs time!

Anon32

Were you already on a fix

Skipton BS three-year fixed rate mortgage 1.57%, 60% LTV, £995 fee
285°Expired
Found 14th FebFound 14th Feb
Skipton has revamped its mortgage range and the standout product is as follows: Three-year fix at 1.57% Max loan-to-value (LTV) 60% £995 fee Other options include: Th… Read more
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speric07

Yes you can, but it is a maximum of 10% of the remaining balance each year. So if you had a mortgage of £100k, you could overpay by £10k with no charge in year one. Say your mortgage balance is £88k in the second year then you could overpay by £8.8k with no charge. Source https://www.skipton.co.uk/mortgages/mortgage-hub/benefits-of-a-skipton-mortgage Most of our mortgage deals include Early Repayment Charges (ERCs) if overpayments are made that are more than 10% of the mortgage balance in any one year.

arjun311

Only a year left, and it's £5000 to exit. Will have to let it run.

ran123ran

Is it not worth paying the early redemption penalty and securing lower rate for next few years? Do some number crunching.

whatyadoinsucka

gotta do the number crunching alot of these big fee upfront mortgages are just to make the upfront interest rate as low as possible for advertising purposes. often its advisable to go for the higher interest rate with no fee, a decent mortgage broker will advise best on this..

sam1970

Ouch...you have been very unlucky

Santander two-year fixed mortgage at 1.09%, max LTV 75%, £1,499 fee
211°Expired
Found 13th FebFound 13th Feb
In the market for a cheap two-year fix? Santander has this deal for you: Two-year fix at 1.09% Max LTV 75% £1,499 fee Online exclusive This deal is an “online exclusive”.… Read more
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A10_ASM

This seems to have been removed. Two-year fix at 1.29% with 75% LTV and £1499 product fee only available now.

blammo

They get commission from the lender so be wary that they aren't pushing a deal that benefits them more than you. L&C advised my wife (then girlfriend) to take a crappy Northern rock 5yr fixed rate of 4% in 2011 (right when interest rates were at an historic all time low) We tried them again two years ago when we were remortgaging just to cover as many bases as possible and I was able to find better deals than they came back with. Including simply remortgaging with our current provider.

fragster

Are these rates visible anywhere? I went through the app process to get an AIP but it still hasn't shown me the available rates anywhere, don't really want to do the full app with hard credit search without seeing the rate.

smk77

Why is everyone worrying about Brexit? Scaremongering. Once we get rid of those pesky foreigners and those remoaners either get behind Brexit or move to their beloved EU then we'll be great once again.... We'll be so rich we won't even need to borrow money for a mortage</sarcasm> Seriously though, with Brexit hanging over us, I am very concerned about the housing market and the cost of borrowing going forward.

escortboy

I'm going for the 10 year 2.49% HSBC mortgage. Unsure about whether rates will stay low for a long time due to Brexit but figured that I don't mind paying £1100 a month instead of £1000 a month to have certainty for a decade.

HSBC remortgage deals fee free 60% LTV 5 year 1.94% (1.74% £999 fee)
390°Expired
Found 11th FebFound 11th Feb
A fairly decent deal to remortgage with hsbc for those with the higher LTV, my base rate tracker had gone up to 1.99% and so with all the talk of rate rises I looked at fixing in m… Read more
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cikki100

I'm still waiting too, they verified all but 2 things, within couple of days.

vincento_1

I applied for the Santander 1.74% deal also. Waiting on them to process. How long do they usually take to move their b*tt?

whatyadoinsucka

Yep my five year fix is lower than my lifetime tracker I’ve had 8 years, I’ve noticed hsbc have pulled all lifetime trackers, so it’s no wonder it was so simple to take the fix.. a fix unless you get lucky will always be cheaper long term

ran123ran

Cant see rates dropping, i think uk follows what happens in usa and their rates are heading up, though not sure what if any brexit impact will be.

Return

Just gone for this - was on 1.79% tracker with HSBC, but it has a shoulder (so can't drop much further) and I was able to switch online in 5 minutes to this 1.74% deal. Thanks!

First Direct 10-year fixed mortgage 2.49%, no fee, up to 60% LTV
1138°Expired
Found 29th JanFound 29th Jan
If you’ve got at least 40% deposit or equity and are keen to fix your mortgage rate for 10 years, First Direct has the following deal: 10-year fix at 2.49% Available up to 60%… Read more
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ran123ran

Hsbc are also offering 2.49 % for 10 year fix and no fees

iamprobably

Oooh - unlimited overpayments. That may seal it for me - will give them a bell.

pied_piper

yes, the bail out was because the repackaged debts were backed by sub-prime mortgages but were sold deceptively under A+ credit ratings to other bansk and institutions. Insurers could cope with all the defaulting loans up to a limit, that's when the ultimate rescuer i.e. the tax payer enters the picture to bail out. Banks and whoever matters in financial markets knew what was happening and what was coming but the whistle blowers are more than often labelled as 'project fear' or conspiracy theorists. Unfortunately, financial system is too complex to understand for majority and when this majority doesnt understand it, they think probably no one does.

writergirl74

Rolling the fee into the monthly payments means you pay interest on it so it will cost you more overall. However it may suit some people who don't have the cash up front.

writergirl74

There may be a difference in rates between those the banks offer direct and through broker/intermediary channels. I'd always advise going to a broker but mortgage comparison sites are definitely worth a look to see what's out there. Also the rate/fee combo makes it tricky to declare a best buy or hot deal - if you have a big mortgage the rate is more important and the fee less so, if your mortgage is smaller the fee may play a bigger part. The key is doing the sums based on your individual figures/mortgage amount. Hope this helps.

M&S Bank. 90% LTV two-year fixed mortgage 2.09%, £995 fee, £1,000 cashback
351°Expired
Found 26th JanFound 26th Jan
M&S Bank have launched its first mortgage range and is particularly aiming at first-time buyers needing a high loan-to-value (LTV), although there are also products for movers … Read more
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TellyLover

Please make it clear they operate a discriminatory policy of only considering UK citizens for their mortgage applications regardless of the individual's financial health, responsibility or creditworthiness. No deal is better than a bad deal.

davewave

Excellent deal if you only have a 10% deposit. Although since UK rates are historically low I would recommending a fix with a larger deposit, maybe 20%, fixing for a much longer period - 5 or 10 years. Depends on your individual circumstances though I guess.

scott2c

Can I make overpayments? Yes, you can make overpayments of up to 10% of your mortgage balance in each year of the fixed rate period, without incurring an early repayment charge. If you exceed your annual overpayment allowance, an early repayment charge will be charged on the amount you have repaid above the 10% allowance. At the end of the fixed rate period, you are able to make unlimited overpayments. Any early repayment charge applicable will be calculated based upon the percentage charge at the time of the overpayment as detailed within your European Standardised Information Sheet (ESIS) document. Can I pay off the mortgage early? If you fully repay your mortgage whilst you are in the fixed rate period you will incur an early repayment charge. Details of the early repayment charge will be set out in your ESIS document. Will I incur an exit fee? No, we do not charge an exit fee.

Master.G

2.48% is for their 86% to 90% LTV. For the 91% to 95%, the rate is 3.85%. On a 150k mortgage, it would cost you around £5,200 more interest than the M&S deal over the two years. It works out better for the 86% to 90% range.

Pure_Evil

Danske do a 95% LTV and give you up to £1500 back in cash if you take 150k mortgage at 3.85%. No fees.

10 Year Mortgages from TSB 2.34% fixed for ten years 60% LTV £995 fee or no fee but pay 2.44%. Appears its the same rate for first time buyers
403°Expired
Found 24th JanFound 24th Jan
10 year fixed rate mortgages for moving home and first time buyers. A fixed rate mortgage means your mortgage payments stay the same during the fixed rate period so they're easier … Read more
Zlorf

Some investors are talking about 3 to 5 more of these "market correction" selloffs. When interest rates rise to 3 or 4 percent, markets will crash. All of this before 2020. Then, the recession... Peter Schiff explains: https://www.youtube.com/watch?v=ZAEUTVV_voo&t=3s

Anon32

Its all i wanted was to extend my fix you think they'd want the money bit someone was saying about funding. The funny thing is they would not be lending anymore money. They still want to charge the fees. So in two years i will not be using tsb for my next mortgage deal! Tey're loss

Zlorf

Today's stock market crash is a symptom of the toxic derivative markets at play behind the scenes. Usually, if you're seeing the stock market plunging like this, you see the bond markets rising as the money flies to safety. It hasn't gone into spot precious metals, bitcoin, or anything else. This is not normal. Is this the start of the loss of centralized control? Who knows. Please be very, very careful if you are thinking about a mortgage.

ozzmosiz

It won't be good for the young ones if their parents don't prepare them.

Babbler

Good for you!

Yorkshire building society two-year fixed rate mortgage 3.29%, 95% LTV, £995 fee, £500 cashback
33°Expired
Found 11th JanFound 11th Jan
This is a great rate for someone with just 5% deposit/equity, i.e. needing a 95% LTV mortgage: Two-year fix at 3.29% £995 fee £500 cashback However, buyers who can scrap… Read more
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HavocLP

Lots of people think brexit will be a trigger, but there will be no brexit, sadly. So, yes, if only you can buy it now, don't hesitate. Although I hope you are right, that would help me to get one as well.

RichardDouglas

Supply and demand sunshine you really think supply will overtake demand in the next year or two your dreaming

haa0518

Not that long... 1-2 years max

RichardDouglas

Be waiting a while then

haa0518

Thank you. Really helpful. Need to get on the property ladder waiting for market to crash.

Yorkshire building society two-year fixed rate mortgage 1.82%, 90% LTV, £995 fee, £250 cashback
259°Expired
Found 11th JanFound 11th Jan
This is the best rate I can currently find for someone with 10% deposit/equity, i.e. needing a 90% LTV mortgage: Two-year fix at 1.82% £995 fee £250 cashback The next be… Read more
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morrig

Went for a 5year fix at 1.99% for a 10 year with an LTV of 26% no fees with First Direct what a slog , been many months only handed the signed mortgage and deeds to solicitor on Wednesday. Can't imagine what it would be like with going for a 100%!

Shard

Stricter lending criteria today I believe

lastjunkie

less than 10 years to forget our lessons. looking forward to the impending pop & crash.....

Shard

You can get 100% mortgages now again

ms84

You can't change it unless you want to pay some fees (1-2% of the mortgage in the last year). If you remortgage then the new mortgage provider will pay off your current mortgage when the fixed therm will finish. You can sort it out normally within 3 months before the end of your fixed period as most banks gives 3 moths validity for thier remortgages offers but you can find some places where that offer is valid for 6 months so you could start dealing with it 6 months before your fixed runs out.

Barclays 2-year fixed rate mortgage 1.28%, £999 fee, up to 50% LTV
84°Expired
Found 3rd JanFound 3rd Jan
Barclays has revamped its mortgage deal and is now offering the following: Two-year fixed rate at 1.28% £999 fee Available to both purchasers and remortgagers with 50% depos… Read more
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MacPhisto

Not voted either way, but whether you would save with this low rate 2 year deal with £999 fee would depend on the amount borrowing. Just checked on HSBC and they are still doing their 5 year fixed fee saver for 60% LTV at 1.99%. On £150k mortgage OP's deal would save you £201 over the first two years taking the fee into account. But if only borrowing £90k you would pay back £279 more on OP's deal compared to HSBC, plus with 5 year fixed you would still have a fairly low rate locked in for another 3 years, assuming interest rates start to creep up over the next 2 years.

zoso1313

Agreed IF there are other mortgage deals available at same interest rate with no fees....not sure if is or not haven't looked, but I thought from recollection there were 2 year deals at 0.98% if you had 50%+ equity. If no fee deals are at a higher interest rate then this may actually be the cheaper option.

Pvfc1234567890

I’d expect a mortgage with no fee if I had a 50% deposit! £999 fee on a 2 year fixed mortgage is adding another £41 pm into your repayments! I got a 2.0%apr rate on a 5 year deal with no fee,Granted I had 35%LTV mortgage but still £999 is a ridiculous fee on a 2 year deal.

zoso1313

Taking a 2 year mortgage right now will leave you walking straight into an interest rate minefield in 2 years - 5 years is the sweet spot, build up plenty of equity to offset the further interest rate hikes .... they're only going one way, up!!

First Direct, 10-year fixed mortgage, 2.69%, no fee
1411°Expired
Found 19th Dec 2017Found 19th Dec 2017
Hey… another 10-year fixed rate mortgage for people who want to lock-in a rate for a decade to consider: First Direct is offering: 10-year fix at 2.69% No fee Max LTV 75% … Read more
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pablotay85

Nothing to do with credit score, couldn't get any higher, nothing about affordability, never missed a DD in the years of having a mortgage and no other credit etc plus this was a remortgage. There doesn't have to be a reason given you are quite correct, and FD will have their own additional criteria however sometimes it feels illogical

huhunter

I don't worry about your credit score. I just tried to find a reason, because sometimes people create quickly opinion without finding true. Maybe LTV was an issue. I had £190,000 loan on £400,000 property and maybe it is why i didn't have an issue, but anyway it is good that everything had a good end with your mortgage, even if it is not first direct.

jazlabs

I tend to agree, but many analysts don't. There are predictions of multiple rate increases in 2018 alone, rising up to 1.25%. However, in the wake of Brexit, I see the undeniable uncertainty to stall the economy for at least 10 years.

bobziz

Nope, not me. Depends how well you think the economy will do in that period. Base rates will need to go up 6 times before you would gain, and I think we'll be waiting a long time for that to happen.

581d

Firstly, I bank with First direct, they are indeed a fantastic bank....at current and savings account banking may I add. Secondly, my credit score is fine, you've no need to worry. 400k mortgage application never actually declined with first direct, but the continual, 'can you get more deposit' and do this, do that, 3 weeks later I gave up. Had mortgage with Halifax 3 days later. FD are notoriously and ridiculously picky with their mortgages.

TSB 10-year fix mortgage 2.34%, maximum LTV 60%
684°Expired
Found 15th Dec 2017Found 15th Dec 2017
If you are keen to fix your mortgage rate for a decade, TSB’s 10-year fix is worth considering. The deal is as follows: Mortgage rate fixed at 2.34% for 10 years (up to 31 … Read more
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Anon32

It annoys me that with a phone you can recontract. But on a mortgage you can't i offered TSB that i would renew my mortgage as three years left of a five year fix. I would take this deal and i'm locked in for ten years. You think for the money they would do it. Nope you will still have to pay exit fees! Yup i understand if i wanted to leave. But in a way i'm extending my mortgage. Nope you habe to pay the fees. Ok fair enough i will pay my three years and will not be using TSB once when the deal ends! Seems silly

davewave

unless rates creep up after 4 years and then you may be stuck paying a lot after a 5 year fix ends!

ace_rees

Well technically you can (angel) depends on interest rates at the end of the 5 year deal and how much money you still have on your mortgage and how long it will take you to pay the rest off.

Cyrus

shame about max 60% LTV (for me, atleast)

hfullwood

I can't find that deal, is it for first time buyers only? We are currently remortgaging from another lender with 56% LTV but it doesn't give it as an option on their website for me.

Tesco Bank, 95% LTV mortgage, two-year fix at 3.94%, zero fee, Clubcard points
-266°Expired
Found 8th Dec 2017Found 8th Dec 2017
Another 95% mortgage for people with just 5% deposit or equity. Tesco Bank has a two-year fix at 3.94%, fixed for two years. There’s no fee and you get free valuation. The deal i… Read more
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ms84

When I was taking my mortgage I had an offer from my bank (Natwest), another one from Barclays and ended up with my broker offer from Halifax. Nothing will be made by the bank (like valuation) unless I accept the offer. All I want is to secure a good rate. From this what I know they will automatically valuate my house + amount I want to borrow = LTV% and offer can be made. Then if I accept it they will start the process (valuation etc). It looked that way when I was applying for my mortgage, the initial value of my house (to calculate LTV% and get rates) was the price I wanted to pay for it and then when I accepted it they have done valuation just to confirm my house is worth as much as I want to borrow. Am I wrong at any point ?

satty83

You might want to check terms. As I'm sure if you reject the offer any fees included as part of remortgage I.e. valuation or any part of any conveyancing work done todate becomes payable. Also if you reject and reapply in April how long will you have to get your new offer in place prior to old product ends

ms84

Bank gonna issue me an offer in January for remortgage valid for six months. I can take it or leave it, they don't care unless I accept it. In april/may I will check the market for a better option, if not found I'm gonna accept the one I already have. That is the plan 8) PS: as it will be my first remortgage I might be wrong about the way it works but it should be pretty straightforward imo

Anon32

As in pay the mortgage off and then take a new mortgage! There is a big problem with that though! Generally you need the new mortgage to pay off the existing! If you apply for a new one they will know you have the existing. Unless you have a spare hundred grand sitting around. Mortgages are not structured like credit cards where you can take on a new one and then decide to pay off the existing one. The banks will pay the solicister not you. And on a mortgage application they will know you have an existing so will not lend you the money unless you remortgage. Your best bet is to pay off the mortgage quicker by making over payments if you can. No interest is due on extra payments you have made

ms84

Thanks for the info, good to know about FD too (y) Would be a bit difficult to remortgage with 95% LTV :D I was looking at their other options

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