Mortgage Rate Rises

Currently flirting with 4.19% (2 years) for our first remortgage, pending confirmation on our LTV being 85%. Not too shabby, started at 4.82% but will continue paying the same amount per month and have the difference as an overpayment.
 
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It was well worth signing up to be a Lloyds current account holder to take my mortgage out. I think it only took 15 mins or so to do.
 
Lloyds ended up beating all the other providers when I bought my property few months back thanks to the improved rates they offer to existing customers with the club Lloyds or similar accounts
 
tamzzy said:
mine is a 2.35% for 10 years until 2032 and i still come in here occasionally to brag :cry:
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I wish this thread was around back in 2020/21. I've learned so much from everyone posting in it. If it was around back then, I'd have fixed for 10 years at 1.7%, instead of 5, which is up at the end of the year. Meh.
 
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FBi7 said:
I wish this thread was around back in 2020/21. I've learned so much from everyone posting in it. If it was around back then, I'd have fixed for 10 years at 1.7%, instead of 5, which is up at the end of the year. Meh.
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Hindsight is a wonderful thing, and we didn't know how bad things would kick off due to Covid, Ukraine etc.

We've got a 2.05% ending in March '27 and I think we'll be seeing a ~£250 uplift in monthly payments. I'd love to just get a whole-term mortgage like in the US - give me 2.5-3% for the next 25 years and I'd be happy with the stability.
 
I'm having an interesting conversation with ChatGPT (of all things) about selling shares to pay off the mortgage, provided it has recovered sufficiently by November. It appears to notice that my greed is apparently never-ending, and is encouraging me to sell and maintain an aggressive investment rate, post mortgage.

Be interesting to see what the interest rates are tracking to be later this year
 
regulus said:
I'm having an interesting conversation with ChatGPT (of all things) about selling shares to pay off the mortgage, provided it has recovered sufficiently by November. It appears to notice that my greed is apparently never-ending, and is encouraging me to sell and maintain an aggressive investment rate, post mortgage.

Be interesting to see what the interest rates are tracking to be later this year
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I'd probably sell now and lock in the gain if I needed liquidity as soon as November. We're within a percent or two of all time highs and that could easily change.
 
EvilRob said:
I'd probably sell now and lock in the gain if I needed liquidity as soon as November. We're within a percent or two of all time highs and that could easily change.
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Tbh, I'm willing to let this one ride to the last day. I don't really need it, it's a 'nice to have'. If it's heavily down by November, it's not meant to be (I'm telling myself)
 
I enjoyed many years of my tracker at 0.37% above the BoE rate. Shame I never used that money to pay off any of the mortgage (interest only!) lol (crying inside) Had some nice holidays and did a load of work to the house tho
 
For Lloyds mortgages that MSE lists as requiring a current account with them, if it's a joint mortgage, can just one of us open a current account now to get access to them? Or do both applicants need one / does it have to have been open for a period of time?
 
I expect one will be fine but the easiest way to get an answer is to call them.

Only I have an account with my mortgage provider and I get their preferential rates.
 
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