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Got our offer letter off the Skipton as our current fixed rate is up end of Jan.


The offer is 3 yrs fixed at 4.99% with no fee, does this sound an ok deal?


Cheers,

Comments

  • grogdog
    grogdog Posts: 295 Forumite
    EDITION wrote: »
    Got our offer letter off the Skipton as our current fixed rate is up end of Jan.


    The offer is 3 yrs fixed at 4.99% with no fee, does this sound an ok deal?


    Cheers,

    if you are comfortable with the payments then yes. to be honest everyone now is going on about trackers but they are at least 2% above base now so a decent fixed may not be a bad idea because the rates will go up it is just when that we dont know.
  • Sonofa
    Sonofa Posts: 300 Forumite
    If the offer remains open until your current fixed rate ends then personally I would wait until then. The speed at which things are changing at the moment, I'd sit back for a few weeks before making any decisions.

    This coming from a man stuck with 6.99% until Oct 09...
  • allan673
    allan673 Posts: 1,213 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    it looks like a good deal to me especially fee free, 4.99 is a good rate to be fixed at for 3 years.

    it has the security of knowing what your payments will be.
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