Mortgage rates

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MarillionFan replied

29 June 2012, 08:51
Originally posted by Lockhouse View Post

How did you manage to continue your mortgage rate to finance your BTL? Didn't they insist on a new mortgage?

Offset. I just took the money out of the offset account & bought a house for cash.

Then all the rest I've tied up in ISAs & Bonds at a higher interest rate.
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BoredBloke replied

29 June 2012, 08:49
I think I'm on the same deal with Santander. We have been overpaying ours by twice the monthly amount for a while. once I get it down to about 50k I'll use the cheap money it gives me to give a hefty deposit on a buy to let down here..

Not sure if you are allowed to run a buy to let that you will be letting to your other company - Me!
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Lockhouse replied

29 June 2012, 08:45
Originally posted by MarillionFan View Post

I have a 0.98% mortgage. In fact, I'd pretty much paid mine off, but decided to buy some BTL as I could borrow so low. Boomed.

How did you manage to continue your mortgage rate to finance your BTL? Didn't they insist on a new mortgage?
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MarillionFan replied

29 June 2012, 08:19
Originally posted by russell View Post

Looks like the best rate is around 3% considering the base rate is so low why the hell can't I get a 2% mortgage.

I have a 0.98% mortgage. In fact, I'd pretty much paid mine off, but decided to buy some BTL as I could borrow so low. Boomed.
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russell replied

29 June 2012, 08:05
Originally posted by MarillionFan View Post

What is this 'mortgage' you speak of Captain Kirk?

Looks like the best rate is around 3% considering the base rate is so low why the hell can't I get a 2% mortgage.
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eek replied

29 June 2012, 08:04
Originally posted by russell View Post

Looking to switch providers as my rate is a bit high, will be 70% LTV, ideally would like a offset or way overpaying, but rate is more important. Currently with One Account

Mortgage and you Call yourself a contractor?

If you are on the one account's 4% I actually doubt you'll get much better. First direct would be the same.
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MarillionFan replied

29 June 2012, 07:46
Originally posted by russell View Post

Looking to switch providers as my rate is a bit high, will be 70% LTV, ideally would like a offset or way overpaying, but rate is more important. Currently with One Account

What is this 'mortgage' you speak of Captain Kirk?
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russell started a topic Mortgage rates

29 June 2012, 07:44
Mortgage rates

Looking to switch providers as my rate is a bit high, will be 70% LTV, ideally would like a offset or way overpaying, but rate is more important. Currently with One Account
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