2 year fixes to hit 6% within weeks!

poppy10_2

pollyanna24 wrote: »

When rates go up again, is Nationwide likely to put them up again or have they already anticipated a couple of rises?

They'll almost certainly put their rates up when the BoE raises them next month.

Woby_Tide

poppy10 wrote: »

They'll almost certainly put their rates up when the BoE raises them next month.

on their BMR yes, they move their fixeds and trackers with the swap rates i.e. they have change the fixed rates4 times since 20th April now, but there hasn't been 4 rate rises

pollyanna24

Ok, thanks guys. Is there somewhere I can keep an eye on this swap thingies?

Not sure if I'm reassured or not! Some of you say they will go up next month (or whenever the BoE raises again) and some say that they have done their raising for now.

deanos

Im in the process of switching to Britannia, 5.75 for 5 years, and no fees whatsoever

mystic_trev

pollyanna24 wrote: »

Ok, thanks guys. Is there somewhere I can keep an eye on this swap thingies?

https://www.swaprates.co.uk

skintlass

I've found a deal with Skipton BS for 5.69% fixed for 7 years £499 fee but works out better over that time than their 5.59% fixed for 7 years with a whopping £1999 fee.

Woby_Tide

pollyanna24 wrote: »

Ok, thanks guys. Is there somewhere I can keep an eye on this swap thingies?

Not sure if I'm reassured or not! Some of you say they will go up next month (or whenever the BoE raises again) and some say that they have done their raising for now.

The problem is the swap rates are very fluid and change daily reflecting on the current view but there is no guarantee what they forecast is correct, and that over the coming months the swap rates may start to fall back again potetially bring ing some of the fixes back down. (Indeed the very very long term fixes have suddenly twitched back downwards in the last few days)

steviehud37

My 2 year fixed mortgage finishes September with Nationwide

I have got 4.95% fixed and am paying extra £250 over payment per month.

If i ring Nationwide and other mortgage lenders and organise a new mortgage

Will the new mortage start now? or Can i ask them to start it in September?

I am keen on over paying the mortgage

This is the first time am remortgaging so any help will be appreciated

Many thanks

Stevie

camstop

deanos wrote: »

Im in the process of switching to Britannia, 5.75 for 5 years, and no fees whatsoever

You sure it's not 5.94% or am i doing something wrong

N20Y1D

When is the next predicted BoE base rate increase due to be announced?