Mortgage repayments

Maurice

started May 07, 2011 at 14:54

I'm starting to get some backroud information about mortgages before talking to some Banks.Talking to some friends that already have mortgages one has told me that he had his split between a vairable and fixed intrest.Is this possible? And if so can you arrange the split yourself for repayments of does the bank that you decide on have a say in the split. Last,given the fact that the ECB will eventually put up intrest rates and probably the banks,could it be possible to do a split say like 40% variable,30% fixed 3 years,30% 5 years to hedge against inflation while also having the possibility to pay off early on the vairiable portion? LTV should be 50% as I luckily have a site and reasnoable savings accumulated. Kind regards and thanks, Maurice.