I was told by the "morgage man" in my bank, then without a 10K deposit. THey wouldn't even have a meeting to talk about it.. Said it's that bad now.
I was told by the "morgage man" in my bank, then without a 10K deposit. THey wouldn't even have a meeting to talk about it.. Said it's that bad now.
All I wanted was a Pepsi, just one PepsiFar from suicidalStill I get them tendenciesBringing back them memories
That I really miss when I reminisce
Don't go to your own bank. Go to a broker
When I bought mine we went to a solicitors and every single thing was done through them, didn't have to deal with the banks at all.
I was told I couldn't afford to buy the house iam in by my bank . Went to a different bank (nat west ) and they offered me a mortgage for 30k more than I wanted! My advise is shop about and look for deals
It's like car insurance. You don't stick with the same company if you can get a better deal elsewhere. I bank with Halifax and Santander but have my mortgage with nationwide.
Compared a few online and Halifax may be able to offer me the amount I need. Got a meeting with their advisor on Friday so will see if i get anywhere. Only managed to get a meeting so quickly because I have a deposit ready
What are the interest rates like in the UK at the moment? Over here we can get as low as a tiny bit under 2%. That said, this low interest rate only applies to a 1 year interest rate renewal period, the rates go up slightly should you decide to choose a longer renewal period. Good news for buyers, plus that the house prices are still relatively low (but rising again).
One day I'll start a build thread. One day...
My rate is 2.15% on a two year fixed deal and I think that pretty good
Ours is a bit more than that, due for renewal next year.
We bought right when the market crashed, was lucky to get a mortgage, went all in on a 10 year deal on a painfully high rate, 6 years down the line we binned it off for a rate almost half.
Plus one thing I'd always advise anyone is to look at over paying. We've been here for 8 years now, had a 35 year mortgage, bought out the deal at 6 years, leaving 29 years left, when we remortgaged we managed to reduce the term by a further 9 years. All because we have over paid and should be mortgage free within 16 years at this current rate.
Shop around, check the amount of fees as well as the deal you can get.
NovalutionGSi - Donkey Kong In a Go-Kart
It does pay to shop around I have 1.25 on one and 2.5 on the other and if you have enough savings the bank pays the interest!
Last edited by EwanG; 27-03-16 at 08:32 AM.
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