Remorgage - when should I apply??

lisssa

HI

Would appreciate some advice......

Currently on a two year fixed deal that is due to finish end of March this year. Im currently looking at new deals and have found a couple with the Portman Building Society which I keen on

2 year Fixed rate 4.85 ( all remorgage fees covered)
3 year Fixed rate 4.95 ( all remorgage fees covered)

Firstly, not sure which deal to go for, whether to stay with a two year deal or go for a three year. I know it depends on circumstances, and as it stands at the moment, I have no plans to move house, but who knows whats around the corner eh, but the deal is portable. So would appreciate your views on this.

Secondly, as my deal doesnt finish until the end of March, I know Ive still got a bit of time to finalise which deal to go with, so was wondering whether i am better to hold off for a few weeks to see whether the BOE reduce the base rate ( think a decision is due next week). If they do, do you think it will make a difference to the fixed rate deals that are currently on offer, also how often do the banks / building societys change their deals??

So many questions I know, but I want to get the best deal I can.

Thanks for your help !!

Lisa

payless

A lot of lenders bring out new deals in the first 2 weeks of Jan
Portman have laid out their wares early...

Portman's rates are generally calculated on a "annual basis"

NOTE - these deals have been restricted to "direct business "