fixed deal coming to an end with Halifax

sylvia9121

hI there

After a bit of a push in the right direction...

Our fixed rate deal is coming to an end at the end of this month with halifax, I have had a look on their website and they are offering a 2 year fixed 3.99 (£3999 fixing fee):eek: :eek: :eek: robbing toe rags!!!!!!!!!1


Do you think we are best to just go onto the SVR (which will happen automatically if we do nothing)

Thanks

payless

Their loyalty rates compare favourably with other lenders remtg products
Not all lenders off alternatives to expiring fixes

They have rates with fees as low as £499

Or you could have a SVR at no fee - whilst not the lowest SVR - its one of the more competitive SVRs

Remember banks are paying as high at 12% to UK govt for cash injection ( via pref shares).

vo-vo

sylvia9121 wrote: »

hI there

After a bit of a push in the right direction...

Our fixed rate deal is coming to an end at the end of this month with halifax, I have had a look on their website and they are offering a 2 year fixed 3.99 (£3999 fixing fee):eek: :eek: :eek: robbing toe rags!!!!!!!!!1


Do you think we are best to just go onto the SVR (which will happen automatically if we do nothing)

Thanks

With the current rate cut, I guess the SVR might be better than any of the available fixed rate now. And I suppose if you go on to SVR, there is no binding, and you can switch to any fix or tracker rate whenever a competitive one appear in the near future.

Just my personal opinion, I might be wrong. I have been thinking about this as well since my Halifax fixed rate is coming to an end in February.

What do others think?