09-02-2015, 11:56 AM
Im with the halifax for mine, after the time of fixed rate has ended you just refix it, this is just the interest amount, not the amount youve borrrowed, solicitor fees you will have to pay before you complete the sale obviously, these are around £1500 by me.
Youll also have to pay 360 ish upfront to halifax for survey.
Repayments arent capped as far as i know, but if you can afford to pay more then do it that way, less time you borrow for the less interest you pay.
Halifax will give you 4x amount of your yearly wage.
I was advised against the 5% because of extra fees etc and i was in the position to pay 15%, but it means my interest rate is fixed at 3.15%
Youll also have to pay 360 ish upfront to halifax for survey.
Repayments arent capped as far as i know, but if you can afford to pay more then do it that way, less time you borrow for the less interest you pay.
Halifax will give you 4x amount of your yearly wage.
I was advised against the 5% because of extra fees etc and i was in the position to pay 15%, but it means my interest rate is fixed at 3.15%