Mortgage - HELP-Rate decision

revlis_2

URGENT I need to make a decision in the next couple of hours. To go for a fixed rate at 6.19 % for two years or a BBR tracker at 0.39% above bank of england base rate. Rates are on the way up. Any suggestions? Now have been offered a fixed rate of 5.84% for 2 years

Bargain_Rzl

Yikes! 6.19% is high. Is that the best you can do? (Not trying to be rude, just wondering!)

revlis_2

Yes self cert is necc. unfotunately fast track has become unavailable due to my credit score ( even though that is not that bad)

toonfish

basically 2 rate rises before you are on a comparable rate - if the borrowing is not tight personally I'd go for the tracker

6.19 is high though, even for a self cert