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jrs101 Posts: 262 Forumite

19 August 2009 at 3:27PM in Mortgages & endowments

Hi,

Im due to drop onto my lenders SVR on 1 sept at 4.99%

I have a rate booked for 6 months (with first direct) at 4.09 fixed for 3 years (offset with no fee)

I notice they have a tracker at 2.95% (incl BOE base rate) with a £699 fee.

Am torn between may be getting a tracker (some low rate deals at present) or a fixed rate and pay 4.09 as above as expert opinions are that rates may not really increase until late 2010/11

Any advice on which to take?

This discussion has been closed.

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