mortgage advice?
 

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

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

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

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

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

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

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


Mart

Ring your local estate agent.

thanks chip

is it common practice to give free valuations?

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!)

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

is that right - ill ahve a look anyway thanks