Is 3.99% 5 year fix the lowest it will go ??

sabretoothtigger

Nationwide plans rate hike shock
Homeowners planning to take out a new fixed-rate mortgage deal are being urged to get their skates on following reports that Nationwide is planning to hike its most popular deals.

https://www.bankofscotlandhalifaxmarketwatch.co.uk/news?action=news_story&story=2827105&view=full

cbrpaul

well , it certainly appears at the moment there is not going to be no 5 year fixed deals below the 4% mark !!!!! if anything 5 year deals are on the up !!!

RufusA

Apart from a few exceptions that I am sure will disappear iminently there aren't any 5 year fixes below 4.75%! All of them now seem to come with hefty product fees!

3.99% was a cracking deal - particularly with the "free legal".

IMHO give it another few months and you'll be able to count the number of sub 5%, 5 year fixes on one hand!

Rufus.

cbrpaul

alzar wrote: »

Look how the borrowers quickly jumped on the 3.99%. I think the next step lenders will go down is fee free. Then after that I can see 3.5% coming through no probs...im sure others will have an opinion on that...

oh dear , i think not

daveb975

cbrpaul wrote: »

First Direct

3 year fix , 4.09% with just a £99 fee

not bad for anyone looking for a decent fix !!

Up to 4.49% now. Still might be worth a punt at this rate.