Extra info...

Regardless of whether you get a fixed or variable deal, you will end up on the lenders base rate after the initial term.

Therefore check to see how the lender sets it's own basic rate. Look for a guarantee that their basic rate will never be more than x% above the BoE rate (else the lender could change their basic mortgage rate to whatever they like).

I doubt the BoE base rate is going to change much at all for a very long time.

Posted By: Larry Hagman on July 6th 2012 at 15:52:00

Message Thread

FAO Charles21 (NCFC) - Larry Hagman, Jul 6, 14:42:17
- thanks matey (NCFC) - Charles21, Jul 6, 14:52:53
  - Charles.... (NCFC) - Cheltenham_Canary, Jul 6, 15:08:18
    - here.... (NCFC) - Cheltenham_Canary, Jul 6, 15:10:34
      - not bad, thanks (NCFC) - Charles21, Jul 6, 15:18:06
        
        Extra info... (NCFC) - Larry Hagman, Jul 6, 15:52:00
        
        ok thanks (NCFC) - Charles21, Jul 6, 15:57:31
        
        are yes....BUT..... (NCFC) - Cheltenham_Canary, Jul 6, 15:44:26
        
        cheers pal (NCFC) - Charles21, Jul 6, 15:48:19
        
        work out both..... (NCFC) - Cheltenham_Canary, Jul 6, 15:50:46
        
        yeah, definitely doing repayment (NCFC) - Charles21, Jul 6, 15:52:50
        
        don't blindly rely on your broker though (NCFC) - CWC, Jul 6, 16:27:39

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.