Does that stuff add value in a lenders eyes?A £15K+ garden room?
Does that stuff add value in a lenders eyes?A £15K+ garden room?
Does that stuff add value in a lenders eyes?
Thanks! Unfortunately however all the money previously assigned to my debt is now going to the first of two kids at University. Once the other one's done my disposable income will actually increase.With HSBC (who my mortgage is with) you can do it once a year for up to 10% of the property value I believe.
Congratulations! Time to properly put your feet up and relax now.![]()
More money to plough into a ludicrously extravagant racing rigwell done mate
other than a new bathroom, my money is going into savings to get mine off......think with a bit of discipline I'll be mortgage free at 50 which is 4 years away.....will be a weight off the mind which is the main thing for me. Maybe it will stretch out to 5 years with holidays and unexpected bills.
Not that long away really. Just in time for a midlife crisis![]()
Always a gambleDecision time.
2 year fixed will cost us £450 or so more a month.
5 year fixed £350 or so more a month.
Leaning toward the 5, but who knows.
Gamble but I'd personally go 2yr fixed. If you can afford the extra £350 or whatever then put that into savings for that two years. Then when remortgage take that chunk off.Decision time.
2 year fixed will cost us £450 or so more a month.
5 year fixed £350 or so more a month.
Leaning toward the 5, but who knows.
There has to be a simple calc that makes the risk abundantly clear/no maths required. I.e. at what point do you need rates to drop, and to how low, to recoup the period of £100 extra.Decision time.
2 year fixed will cost us £450 or so more a month.
5 year fixed £350 or so more a month.
Leaning toward the 5, but who knows.
There has to be a simple calc that makes the risk abundantly clear/no maths required. I.e. at what point do you need rates to drop, and to how low, to recoup the period of £100 extra.
On the other hand, over 2 years, that's only £2.4k more; so it isn't exactly bank breaking.
Imo the fact we've just seen a drop in rates makes it really unlikely it will U-turn and go back up again. So I'd definitely be opting for the 2 year in the hope of getting a better deal when that runs out.Decision time.
2 year fixed will cost us £450 or so more a month.
5 year fixed £350 or so more a month.
Leaning toward the 5, but who knows.
Looks like mortgage rates are starting to lower:
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NatWest offers sub-4% mortgage deal directly to consumers with brokers concerned
High street lender NatWest is offering a sub-4% mortgage deal directly to consumers, which has raised concerns among brokers.www.mortgagesolutions.co.uk
60% LTV 5 year fix.