What to do?

cgillespie

I have a Natwest mortgage and have an offset flexible product with them, currently at 3.75%. I do not really make much use of the offset facility at the moment due to have very little spare money.

I am tempted by their 5yr fixed now at 4.19% with a £99 fee.

Does anyone think this 5yr fixed rate will ever get any better or do I stand the chance and sitting it out and then finding it could actually have increased if I do not act within the next few months???

Any thoughts?

Robert_Sterling_3

The five year, low rate, low fee looks tasty to me but who knows what the nexrt five years hold. Not I.

littlemrtinkle

being stuck on a nationwide 5.48 % i can only dream of such rates. Seems a good deal to be. i have seen 5 year fixed with a&l 3.99% might be worth checking out.

cgillespie

Robert_Sterling wrote: »

The five year, low rate, low fee looks tasty to me but who knows what the nexrt five years hold. Not I.

Any guess as to how quickly I should move... i.e. could I sit on my 3.75% rate for another 3 or 4 months and still pick up the same 4.19% fixed rate then.

I know its crystal ball stuff, but just want others opinions!