Hi,
We're FTBs looking for a property and having just revised our budget upwards I'm trying to get an idea of likely mortgage rates. When we first started looking I was very keen on the Nationwide 4 year fix but since then Tesco's 3 yr fix has appeared with a nice low rate of 2.49% (v. Nationwide's 2.99%)
Having done some research it doesn't look like brokers deal with Tesco (correct me if I'm wrong) so L&C couldn't offer me much information. Would anyone on here recommend them (or tell me to steer clear!?)? Does anyone know what their income multiples are like? We'd be looking to borrow c.3.75 times our income at 75% LTV.
Many thanks
We're FTBs looking for a property and having just revised our budget upwards I'm trying to get an idea of likely mortgage rates. When we first started looking I was very keen on the Nationwide 4 year fix but since then Tesco's 3 yr fix has appeared with a nice low rate of 2.49% (v. Nationwide's 2.99%)
Having done some research it doesn't look like brokers deal with Tesco (correct me if I'm wrong) so L&C couldn't offer me much information. Would anyone on here recommend them (or tell me to steer clear!?)? Does anyone know what their income multiples are like? We'd be looking to borrow c.3.75 times our income at 75% LTV.
Many thanks