Monmouthshire Building Society are offering 5 Year Fixed Rate Remortgage (up to 65% LTV*) at 1.55% with a £999 Fee and assisted legal fees (England & Wales only)
11 comments
mrdgx
22 Sep 17#1
Only in england & wales, hot nonetheless
Liketoeat to mrdgx
22 Sep 17#4
Updated the description, thanks
japes
22 Sep 17#2
Do not use these idiots. Lost a house purchase due to the time they took going back and forth with the underwriters. Every 2 weeks there was a new "last piece of information required" which could have been given at the beginning. Had to lodge a complaint to get the "non refundable" fees back for the survey that never took place. Avoid Avoid Avoid
Liketoeat to japes
22 Sep 17#3
Thanks for your feedback. This is a remortgage deal so people probably wont have the same time constraints. I hear you though. I've just asked them for a decision in principle so I hold off my judgement for now.
eslick to japes
22 Sep 17#5
to be fair you can have that with any bank or building society, had that many years ago didn't lose the house but got a nice sum of compensation back from the Halifax .
youngrobbo
22 Sep 17#6
Getting ever closer to my tracker rate..... do I jump now, do I stay.
Youngsyr to youngrobbo
22 Sep 17#7
There's a lot of variables at play (what your tracker rate is, how long you've left on your mortgage, early redemption fees, etc), but as I said on the Santander thread, the rates literally cannot get much lower and there are a lot of uncertainties in the near future, so I'd be very tempted to fix at this rate.
youngrobbo to Youngsyr
22 Sep 17#9
Currently tracking at 0.79 + base rate. So would need 4 * 0.25% rises for this to become the better deal. Have 13 years left on my mortgage. I can see at least a 0.25% rise by early next year at the latest, if not by the end of this year. It really does depend on what happens after that.
iamprobably
22 Sep 17#8
Yeah - to Be fair we had huge issues with natwest who made an administrative error and valued our house at £0.00.
Took weeks to sort... am not going to add the value to this thread - but sadly the person we were buying it off didn't accept their rather low valuation!!
ataripower
22 Sep 17#10
The other problem is as well as ditching your tracker rate (lifetime I assume) you are opening yourself to further uncertainly when the rate expires after 5 years. Will you ever get as good a deal again?
![Fresh Breakfast Meat Box (Using code) @ Campbells Meat [Haggis / Lorne Sausage / Bacon / Black Pudding & More]](/images/topics/208684_1.jpg)
![[Xbox One] Q. u. b. e: Director's Cut on Deals with Gold](/images/topics/208716_1.jpg)
Opening post
11 comments
This is a remortgage deal so people probably wont have the same time constraints. I hear you though. I've just asked them for a decision in principle so I hold off my judgement for now.
Took weeks to sort... am not going to add the value to this thread - but sadly the person we were buying it off didn't accept their rather low valuation!!