Mortgage Rate Rises

JamesH85 said:
Are we supposed to see a rise tomorrow? Can't remember when the next review is, thought it was this week and was expecting 0.5bp
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The Bank of England have already decided but they've delayed the announcement to 22 September (I believe) due to the Queen's death.
 
adam cool dude said:
Barclays just emailed me saying I can go onto a new deal so that is what I would be on come January. I better get it sorted then. 2 year tracker was 2.57% for two years.

To add to this I have just been off chat with Barclays and they recently extended the period you can renew from 90 days before end of fixed to 150 days but have yet to update the app or webpage to do this so when you log into your mortgage account you cannot actually do anything >_>. I guess I will have to get oldskool and see a mortgage advisor in person :p
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You can do it online for within 150 to 90 days, but need to call up and get the appropriate link emailed to you.
 
Richie said:
I was similar... 5 year fix at 54% but managed to fix around 6 weeks ago... Surprised at how it's increased as I locked in at 3.41% so it's went up about ¾% in just 6 weeks :eek: :(
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Yeah, it's quite scary for people coming off fixes soon!

We should have applied earlier, but my other half has just started a new job so we needed some payslips, and had a few other finances to sort out first :(
 
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Just done a quick browse on MSE and it's throwing up rates of 1.99, 2.05, 2.07, 2.09 fixed for 2 years with loads of random Building Societies. Is that pretty common on a 50% LTV for FTB? Are those BS tricky to get mortgages with?

We're in a lucky spot here where we're able to put down a hefty chunk for our deposit. Are you somewhat "protected" from the painfully high rates that are about atm being at this sort of LTV? Or is there a fault with the MSE mortgage best buys page?!

I was expecting to see rates of 3.5-4.5% with all the doom and gloom atm about rate rises.
 
R.O.S.S.I said:
Just done a quick browse on MSE and it's throwing up rates of 1.99, 2.05, 2.07, 2.09 fixed for 2 years with loads of random Building Societies. Is that pretty common on a 50% LTV for FTB? Are those BS tricky to get mortgages with?

We're in a lucky spot here where we're able to put down a hefty chunk for our deposit. Are you somewhat "protected" from the painfully high rates that are about atm being at this sort of LTV? Or is there a fault with the MSE mortgage best buys page?!

I was expecting to see rates of 3.5-4.5% with all the doom and gloom atm about rate rises.
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Just key your actual details in here:

Edit: MSE is garbage is 2022.
 
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dLockers said:
Just key your actual details in here:

Edit: MSE is garbage is 2022.
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Money Supermarket are showing the same deals as MSE largely. Still has a lot of the 2.0x% rates available.
Stafford Railways Building Society for example is showing a 2.09% term rate for a lifetime mortgage. Surely that can't be right, even at 50% LTV.
 
Lol in 1981 in the US Paul Volcker put rates up to 21% and caused 2 recessions to get inflation under control.
 
R.O.S.S.I said:
Just done a quick browse on MSE and it's throwing up rates of 1.99, 2.05, 2.07, 2.09 fixed for 2 years with loads of random Building Societies. Is that pretty common on a 50% LTV for FTB? Are those BS tricky to get mortgages with?
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Nothing wrong with Bath Building Society, Chorley Building Society, Beverley Building Society and Stafford Railway Building Society.

dLockers said:
Just key your actual details in here:

Edit: MSE is garbage is 2022.
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Gives the same offers as MSE.
 
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R.O.S.S.I said:
Money Supermarket are showing the same deals as MSE largely. Still has a lot of the 2.0x% rates available.
Stafford Railways Building Society for example is showing a 2.09% term rate for a lifetime mortgage. Surely that can't be right, even at 50% LTV.
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Surveyor said:
Nothing wrong with Bath Building Society, Chorley Building Society, Beverley Building Society and Stafford Railway Building Society.


Gives the same offers as MSE.
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Tbf I thought you meant the articles they post. Didn't realise they had a comparison like the MoneySupermarket one.
 
R.O.S.S.I said:
Money Supermarket are showing the same deals as MSE largely. Still has a lot of the 2.0x% rates available.
Stafford Railways Building Society for example is showing a 2.09% term rate for a lifetime mortgage. Surely that can't be right, even at 50% LTV.
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I’ve seen that same lifetime term offer from them.
 
R.O.S.S.I said:
Stafford Railways Building Society for example is showing a 2.09% term rate for a lifetime mortgage. Surely that can't be right, even at 50% LTV.
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It's not 2.09% for the term. It's a 1.66% discount on their Standard Variable Rate for the term giving a current variable rate of 2.09% (their current SVR being 3.75%). It's available with 80% LTV.

srbs.co.uk

Compare Mortgages - The Stafford Building Society

Discounted and variable rate mortgages available for First time buyers, buy to let, expat BTL, holiday BTL and Mixed Use. Compare our mortgages
srbs.co.uk srbs.co.uk
 
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