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Should I Ditch my Fix

paulo1888
Posts: 137 Forumite


Hi
I have a Mortgage with the Alliance & Leicester and was wondering if it would be worthwhile switching to their 3.95% 5 yr fixed rate.
I have a Mortgage with the Alliance & Leicester and was wondering if it would be worthwhile switching to their 3.95% 5 yr fixed rate.
0
Comments
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I think you've answered your own question ,
If you need at least 3.5% to save and your after A&L at 3.95% then you ain't gonna save.
as to what the rates are going to be in 2012 or 2014 then it's time to whip my crystal one outSpace available for rent0 -
If the 3.95% ended in July 2012 there would be no point in remortgaging. But the fact it ends in July 2014 still leaves me unsure as to whether it may be worthwhile. The MSE Calculator doesn't allow for this scenario.0
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