Mortgage/saving question

ashbourne

I currently am trying to decide whether to get a fixed rate on my savings, but as i currently do not own a home i am wondering what the mortgage position would be if i found a house whilst my savings were tied up in a fixed term account?

Would they be taken into account in terms of getting a better mortgage rate?

Obviously i don't want to lose out on not fixing the best rate for my savings at the moment as interest rates are due to go down but don't want to be tied up should a bargain come along.

What would be the ideal thing to do?

I would say i have enough to save some and keep some separate for a deposit if that was the best case senario.

Hope some might have some advice on what is best.


Thanks in advance

_Andy_

They would only affect what rate you could get if you are using it for a deposit. I.e. if you had 30k and only used 15k for a deposit, the other 15k isn't relevant.