taffyboyo

New mortgage time, can anyone with any knowledge please give advice as to which mortgage to go for please,
We would like a fixed deal for the security of knowing what we pay as we are buying a house at the really top of our budget,
2 year
3 year
5 year
We were thinking of going for 2 year deal(cheapest) and in 2 years getting a longer term, say 5 years, a bit of research on the net suggests interest rates will shoot up but only after 2 years from now, hense our plan,
Any insider knowlege or tips on interest rates?
Many thanks
Taffy

Chip

There are so many factor that could effect he future that I would take any advice as pure speculation.

taffyboyo

cheers Chip, pure speculation is fine mate, what fixed deal would you go for?

Scooby Soon!

i went for 5 year fix about 4 years ago, it cost me more but i can sleep at night!

Chip

Depends how much equity you have really , obviously the more the better.

Yorkshire are, or were doing some good fixed rate deals.

http://www.ybonline.co.uk/personal/m...rate-mortgages

jef

iTrader: (13)

im interested i this also

ive no idea how much my property is worth though,

without an actual valuation is there any way to get a ball park figure, as house prices have fluctuated so much over past 5 years?

is there a way of roughly finding out, for free lol

sorry for slight hi-jack

mart360

Just done a 2 year fixed with NW... 4.55% if i recall no fees


Mart

Chip

Ring your local estate agent.

jef

iTrader: (13)

thanks chip

is it common practice to give free valuations?

Lydia72

Have a look on Zoopla or a similar site, not sure how accurate they are but a quick look at mine shows it is near the value (plus interesting to see how much the neighbours all paid for theirs!)

jef

iTrader: (13)

think they only work local properties have been bought/sold recently?

is that right - ill ahve a look anyway thanks