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fix or stick with tracker

2»

Comments

  • Ash77
    Ash77 Posts: 3 Newbie
    since jan ive been on tracker +0.79 fee free offset with first direct.
    i can pay interest only which is currently £50 a month on a bal
    of around 46k, but im paying 150/week to pay it off in 7 years.

    so its very flexible & i think its a life tracker too, but im wary of
    quantitive easing and rising oil prices that could lead to inflation.
    saying that unemployment is going up at a horrific rate of nearly 500k/6moths? so if people cant spend anything theres no inflation perhaps.

    if a 5 yr fix came up again at under 4.5% fee free, i could be tempted,
    especially if it was 3.99% which is surely about the lowest it will go.

    whats the best way to find the best deals? comparison sites seem
    to miss the best deals at times.
  • Squish_21
    Squish_21 Posts: 676 Forumite
    I'd stick with tracker! Put some money aside if you can for when the prices rise. It wont be a shock when they rise though, its going to happen gradually and you can fix then.
    Squish
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