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Fixed rate or variable

amoon72
Posts: 2 Newbie
Hi, I'm looking at buying our first house. Not sure whether to go for fixed or variable. The amount we're borrowing would mean we can afford to make payments if they go up a couple of percent, but would struggle if the bank of england base rate went up massively.
I know no one can predict how much the interest rate will go up in the future. But there's some knowledgeable people on this forum who hopefully could give me some advice.
Thanks in advance,
Steve.
I know no one can predict how much the interest rate will go up in the future. But there's some knowledgeable people on this forum who hopefully could give me some advice.
Thanks in advance,
Steve.
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