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5 year interest rates drifting?
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In June/ July I reserved a 5 year fixed rate with Nationwide at 2.99% with no fee.
Not long after the same deal was 3.09% with no fee.
Today it's 3.09% plus a £99 fee.
I have a mortgage on a second place which is fixed until January 2015 (3.69%). I can't decide whether to tap up Nationwide for an additional sum (3.09%) against main property and stick it in the bank until 2015 or just take whatever is on offer in 2015.
As an update to the most boring thread ever...
Last November I could have remortgaged to Nationwide at 3.09% plus £99, in February it was 3.19% and just checked today and it's 3.39%.0 -
Last week I fixed @ 2.94% for 5ys .....0
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I got 3.14% for 5 years with no fee reserved a couple of months back. Start paying it in August. Could be superb timing.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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ruggedtoast wrote: »Oh really, who with?
Sorry, I missed this. My mortgage is with Britannia.0
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