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Current Mortgage Deal?
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FunLovinCriminal
Posts: 471 Forumite
Hi all,
I am still (pretty) new to all of this, and need some advice on my morgage. Its a fixed rate deal with ING Direct that runs out on 31/8/12 - I have just started to shop around on the current deals around - but I can't find any good rates. I've tried moneysupermarket.com and a few of the high street banks, but they all seem to be working out more expensive than my current deal. Surely with all this "double-dip" recession I would have thought the rates would be cheaper. I'm now stuck in my mind, do I pay a fee for a two-year fixed (something I've never done before!) or if I have to pay a fee, would I be better off fixing for a longer term? I usuallya go for a 2 year fixed each time. The one time I did a 5 year fixed, the rates dropped massively, so I am cautious about this.
Advice please.
FLC.
I am still (pretty) new to all of this, and need some advice on my morgage. Its a fixed rate deal with ING Direct that runs out on 31/8/12 - I have just started to shop around on the current deals around - but I can't find any good rates. I've tried moneysupermarket.com and a few of the high street banks, but they all seem to be working out more expensive than my current deal. Surely with all this "double-dip" recession I would have thought the rates would be cheaper. I'm now stuck in my mind, do I pay a fee for a two-year fixed (something I've never done before!) or if I have to pay a fee, would I be better off fixing for a longer term? I usuallya go for a 2 year fixed each time. The one time I did a 5 year fixed, the rates dropped massively, so I am cautious about this.
Advice please.
FLC.
Mortgage: 01/02/14 - £108k
Mortgage: Current - £97k
Mission: MF by 50
Mortgage: Current - £97k
Mission: MF by 50
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