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[tunnie]

Fixed at 2.89% here.

Lucky bugger 

[Lazydocker]

Indeed... Looked at deals when I came onto the SVR a while back (although that is currently reasonable) and couldn't get a deal anywhere near competitive so I'll wait until the base rate has risen a couple of times and then look again

[aaronjb]

Fixed at 2.89% here.

I'm going to come and set light to the bush outside your front door for that one 

I'm tied in with enormous penalties until the fixed period is up Bet I won't be able to find a deal like yours when my time comes 

Like Tunnie, it was the best deal I could find in 2009 with a ~13% deposit, which was all I could eek out back then.

'course you could argue that I simply shouldn't have bought and waited a few more years but at the time I thought house prices were starting to bottom out and would rise again soon. How wrong I was!

[Kevin Wood]

Fixed at 2.89% here.

I'm going to come and set light to the bush outside your front door for that one 

OOH! Can you come and do mine as well? Only I've got a letter from the council saying it's obstructing the highway.

[CaptainZok]

Fixed at 2.89% here.

I'm going to come and set light to the bush outside your front door for that one 

OOH! Can you come and do mine as well? Only I've got a letter from the council saying it's obstructing the highway.

Time to test all that explosive theory you learnt as a kid?

[aaronjb]

Fixed at 2.89% here.

I'm going to come and set light to the bush outside your front door for that one 

OOH! Can you come and do mine as well? Only I've got a letter from the council saying it's obstructing the highway.

Well there's about 30L of unleaded in the Jag's tank that I don't need .. no problem!

[feeutfo]

Now now.

It does help H is in financial services. She had been watching that rate for a month, and got word they would be pulling the rate for an increase with 24 hours notice. Just nipped in before they pulled it iirc.

Won't get anywhere near that now, and we'll be stuck with market products available at the time when that rate ends.

Point being, can only do the best you can at the time. Hence a good financial advisor is important, they have computer software that monitors all mortgage products available, allowing them to choose the best rate for individual customers. This simply isn't possible for Joe Bloggs in the street. There's just too many options to make the correct decision on an individual basis.
 Some financial advisors dont charge a fee, some do, btw. They are also quite heavily regulated these days.

[aaronjb]

Now now.

* aaronjb hides the matches.

Sorry, what were you saying?

I've used IFAs a couple of times in the past - this last time, however, they couldn't find me anything better than I could find on my own .. in fact, the first one I went to declared it would be impossible to get a mortgage at all. Proved him wrong, clearly..

[tunnie]

Fixed at 2.89% here.

I'm going to come and set light to the bush outside your front door for that one 

I'm tied in with enormous penalties until the fixed period is up Bet I won't be able to find a deal like yours when my time comes 

Like Tunnie, it was the best deal I could find in 2009 with a ~13% deposit, which was all I could eek out back then.

'course you could argue that I simply shouldn't have bought and waited a few more years but at the time I thought house prices were starting to bottom out and would rise again soon. How wrong I was!

I've found in London prices are rising slightly....

[feeutfo]

Now now.

* aaronjb hides the matches.

Sorry, what were you saying?

I've used IFAs a couple of times in the past - this last time, however, they couldn't find me anything better than I could find on my own .. in fact, the first one I went to declared it would be impossible to get a mortgage at all. Proved him wrong, clearly..

It's a Battle for IFA's currently, for obvious reasons. Lending criteria are changing constantly, some of those customers that qualified a couple of years ago, won't do today.
And there's always the less scrupulous that don't see a profit in a client, so don't bother too much to help. Usually small businesses as well. Ours is good, but like Tilo, can be hard to get hold of.
Such is life.

[Kevin Wood]

Well there's about 30L of unleaded in the Jag's tank that I don't need .. no problem!

.. and how many will be left by the time you've driven it here?

[Sir Tigger KC]

There will be alot of people in the kakky who won't be able to afford the mortgage when their rate goes up and won't be able to remortgage either due to changed circumstances or lending criteria!! 

[Vamps]

There will be alot of people in the kakky who won't be able to afford the mortgage when their rate goes up and won't be able to remortgage either due to changed circumstances or lending criteria!! 

Sadly I think you may well be right, particularly with younger / newer borrowers who may have over extended when rates were low I am with Halifax but on a base rate tracker so sitting fingers crossed... We could survive a rate increase, even a biggish one, but I do worry about younger borrowers, that said everything is going up and no raise in Pay.......something going to go wrong somewhere, and I fear that this may be on a big scale.....

[feeutfo]

That's the danger and why they have kept rates low during the recession period, the way I see it. Someone's always gong to suffer somewhere. Savers want a high interest rate, lenders want low. Can't please all the people .. Etc

[Auto Addict]

What's a mortgage?

Confused