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Buy to let rate for 5 years
Sandie11
Posts: 116 Forumite
I am about to remortgage my BTL and just want anyone's opinion.
I am looking at a fixed rate of 4.29% for 5 years on a loan of £92250 (house value £180000)with product fees of £995. (my current rate was 2.74%, now reverting to 4.95%
I am very tempted especially knowing how the rates may be going up, and i like the fact that i know what the expenditure would be.
I just want an opionion, however please note i am aware you dont have a crystal ball
Thank you for any advice
I am looking at a fixed rate of 4.29% for 5 years on a loan of £92250 (house value £180000)with product fees of £995. (my current rate was 2.74%, now reverting to 4.95%
I am very tempted especially knowing how the rates may be going up, and i like the fact that i know what the expenditure would be.
I just want an opionion, however please note i am aware you dont have a crystal ball
Thank you for any advice
0
Comments
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Imagine opinion would be similar to your other thread:
https://forums.moneysavingexpert.com/discussion/4671119=
You could have just added to this one, but hey hoI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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