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Advice Needed Please xx
JLeafy
Posts: 17 Forumite
Thanks in advance.
£33,000 outstanding on mortgage, currently on standard variable rate and overpaying as much as possible every month.
Hoping to be mortgage free in 2 years.
Is it worth switching to a fixed rate for 2 years or sticking with the SVR?
Any opinions welcomed xx
£33,000 outstanding on mortgage, currently on standard variable rate and overpaying as much as possible every month.
Hoping to be mortgage free in 2 years.
Is it worth switching to a fixed rate for 2 years or sticking with the SVR?
Any opinions welcomed xx
0
Comments
-
Fixed rates tend to come with fines on overpaying.
Not saying it's not worth it, just something to take into consideration.Initial Mortgage July 2015: £170,995
Current Mortgage: £159,4020
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