Interest on mortgage

[loulou1994]

I know everyone's circumstances are different and we all live in different areas just wondering what your interest rate is if you've changed your mortgage/fixed/ new mortgage or even if you've been fixed for a while?
We are looking to buy we have 20% deposit and ours is looking at around 5% fixed for 5 years in the north east.

1.4 for five years 14 months ago.

Zero fees.

1.69 fixed for 5 years. Expires early 2027. Had to pay two grand to leave other fixed deal early, but v glad I did. I thought Brexit would make interest rates rise, but didn’t know then about global COL crisis.

Fixed in May at 1.89% for 5 years

Mine is 3% and I haven't fixed as it's not a scary amount and I intend to overpay it now .

@RudsyFarmer was earlier this year when we fixed - I think we applied last Dec or Jan (can’t remember) but missed out on 1.14% by about a week which was annoying

we are 58% LTV

Ah I get you. Best we can find at the moment is around 3%. You didn’t well!!!

*did well

We finish our 5 year 1.9% fixed rate this month but we were able to fix a mortgage in April to start at the end of September so it’s 2.1%. Price is rising as we’re taking is down by a couple of years.

Rates are rising everyday. Our renewal is 3.75% but we intend to overpay as much as possible. It’s scary times at the moment but we are fortunate we will manage.

Scary times? Only because house prices were allowed to form into a MASSIVE bubble, 3-4% on a mortgage is peanuts.