remortgage ---- how quick
#1
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remortgage ---- how quick
Just done a remortgage on the house..
From initial sit down with the advisor, to getting a cheque in the post today...
20 days!!!!!!
And we got a good rate too ...3.45% fixed for two years..
Have to say it was very straightforward.... no middlemen or agents fees, went straight to my bank, saw there mortgage bod, and it was done in an hour flat..
Mart
From initial sit down with the advisor, to getting a cheque in the post today...
20 days!!!!!!
And we got a good rate too ...3.45% fixed for two years..
Have to say it was very straightforward.... no middlemen or agents fees, went straight to my bank, saw there mortgage bod, and it was done in an hour flat..
Mart
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Were you at the end of your existing 'deal'?
Our 5 year fixed (yeah I know! ) ends next year, just, as I suspect the interest rates will sky rocket...
Our 5 year fixed (yeah I know! ) ends next year, just, as I suspect the interest rates will sky rocket...
#11
Sounds like the same mortgage as I took out, fixed at 4.69%. Our ended last month. On the plus side you should be moved on to their Base Mortgage Rate which tracks the base rate plus 2.00%, so 2.5% at the current rate. If you take out another product with them, you'll be moved on to their Standard Mortgage Rate (3.99% currently) when the new product comes to an end. I had loads of mail shots from Nationwide trying to persuade me to move to another product stating interest rates are rising and on going financial instability etc. I don't see interest rates rising fast if at all in the coming year so I'll stick with the BMR product as there are no fees and no limits for overpayments or ERCs.
#12
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My mortgage was taken out after the bank was nationalised and so my statement is from Northern Rock itself and not NRAM. It still states an ERC figure on it unfortunately.
#13
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If interest rates sky rocket, the last 3 years will look like a picnic. Low rates (under 5%) are here for a good number of years yet. One comentator went as far to say 2% would do horrific damage to those folk on base+ type mortgages .
3.45% - was that for anyone or existing account holders with Natwest?
Got 3.49% for someone on 2 years fixed with no fees (accept ours) with the Woolwich.
3.45% - was that for anyone or existing account holders with Natwest?
Got 3.49% for someone on 2 years fixed with no fees (accept ours) with the Woolwich.
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If interest rates sky rocket, the last 3 years will look like a picnic. Low rates (under 5%) are here for a good number of years yet. One comentator went as far to say 2% would do horrific damage to those folk on base+ type mortgages .
3.45% - was that for anyone or existing account holders with Natwest?
Got 3.49% for someone on 2 years fixed with no fees (accept ours) with the Woolwich.
3.45% - was that for anyone or existing account holders with Natwest?
Got 3.49% for someone on 2 years fixed with no fees (accept ours) with the Woolwich.
At the time we enquired 3.55% was the best they could do -no fee, and that was for gold account holders only
When we went for the meeting to arrange 3.55% NF, he told us they had dropped it to 3.45% NF for all borrowers (subject to ok LTV) and 2.99% FF & subject to LTV
http://www.natwest.com/personal/mort...ixed-rate.ashx
Mart
Last edited by mart360; 01 July 2011 at 12:37 PM.
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