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Care to share the LTV? We got 3.34% for 75% LTV 6 months ago. The same lender (YBS) is now doing it for 2.69% with a £845 fee.
rhowe-
85% LTV for those rates
But it will be somewhere between 80-85% - looking at 485k as a ballpark figure for a house in/around the Leyton area
I'm keeping some money from the deposit back in case we would need to carry out any work and will ideally do a loft conversion.
We should have an equity event in 3-5 years which would net us the mortgage value + 15/25% so I'm wondering what implications that might have on the decision I should make. Gonna have a look at the excel calculator and play around with some deals.
Tenderloin
The other question is:
2year Fixed Rate 2.29% over 25 years £1750.27 per month .
3year Fixed Rate 2.85% over 25 years £1,863.45 per month
5year Fixed Rate 3.34% over 25 years £1,965.87 per month
How do I work out what's best? These are all based on 25 years mortgages.
Ok thnx plz bai