First mortgage 3-year fixed rate product at 4.09%

[highpeakrider]

Hello

Son is looking to buy first house.
They have a mortgage offer of 3-year fixed rate product at 4.09%.

In the current market good offer?

[Matt p]

Wouldn’t fancy buying anything until mid 23 really. Let all this shenanigans wash through and see where interest rates are then. 4.09% is a fair chunk, 90-95% LTV?.

[Sarnie]

Impossible to be able to answer the question without a lot more information..........

[dmahon]

If it’s a high LTV on a new build or city centre apartment then it’s getting up there.