John
Member
Registered: 30th Jun 03
User status: Offline
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Best rates available for FTB unless you've got a massive deposit Orbbo, mine is a bit better at 4.9% 2 year fix but that was the very best I could get unless I magically produced another 20k.
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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Oh  That sucks!
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James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
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Mine is about 5.95% (FTB). Only got 11 months of that left though.
[Edited on 15-08-2012 by James]
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by Robbo
quote:
Originally posted by Ben G
Exactly the same here. 6.05% fixed for 3 years. Ends next may. Utter piss take.
why the facepalm?
that was the best deal we could find at the time (march 2010) with 10% deposit.
unfortunately we don't own portfolio's so couldn't afford 25% deposits, which would have been about 44k 
[Edited on 15-08-2012 by Ben G]
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Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
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no no, as you said - utter piss take!
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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Aye, we only managed 4.7% as a FTB because we had 75% LTV (5% equity, 20% interest free loan from builder)
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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I got 4% rate @ 85% LTV on a tracker two years ago.
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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I think Danny was in the same boat as me, HAD to go through a specific broker as part of the easybuy deal, so got a worse deal than what was available.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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edit - or rather, the only bank which accepted our 'special' way of funding the deposit was Halifax or someone else, I wasn't willing to risk tracker / variable so went fixed and Halifax had best deal out of the 2
[Edited on 15-08-2012 by dannymccann]
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Ride it on a tracker then fix as soon as the rates increase. I was on a tracking deal for over 2 years until I moved. Now on a 3.99 fixed because We moved house.
Corsa 2.0 16v Vegas - Sold
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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Yeah same for me, purchased in the heart of the recession so while house prices where cheap, 80% LTV and best I could get was 5.79% for 3 years. Painfull to pay 19k on to mortgage company and only pay off about 3k off the mortgage.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Applied for a HSBC lifetime tracker.
Extra £168 a month but shaves over 10years off my old terms.
15yr policy.
Portable.
No restriction on overpayments.
No fee's.
Marvellous, just hope I get accepted now.
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danzx2
Member
Registered: 5th Jul 07
Location: Somerset
User status: Offline
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quote:
Originally posted by Colin
Applied for a HSBC lifetime tracker.
Extra £168 a month but shaves over 10years off my old terms.
15yr policy.
Portable.
No restriction on overpayments.
No fee's.
Marvellous, just hope I get accepted now.
I went for a lifetime tracker at 3.79% with Coventry, its always a gamble but why pay more now for a fixed when rates could stay low until 2017...
I have read HSBC can be picky but fingers crossed for you
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Im looking to borrow just 2x my annual gross so hopefully be alright.
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