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Right to Buy

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Comments

  • archie1
    archie1 Posts: 30 Forumite
    Has anyone heard of Bristiol & West? I have been offered a 5.24% for a fixed 2year rate of paying £530 each month on an £80,000 re-mortgage... Is this good? It sounds better than what I am currently paying as its £100 less however, should I thread carefully and look around first?
  • Guy_Montag
    Guy_Montag Posts: 2,291 Forumite
    1,000 Posts Combo Breaker
    If you're struggling just now, why not get a long term fixed rate (say 10+ years) that means you'll not have to worry about interest rates. It means you'll lose out a little financially if rates go down, but it means you won't lose your house if rates go up.
    "Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
    Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
    "I think I'll become an alcoholic," said Betty.
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