📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Choosing A New Deal with Existing Lender

Our current mortgage deal is coming to an end. Having fixed for the past 3 years, once again I am questioning what decision to make this time around.

With several years left on our mortgage, we've still got a fair way to go (around 125K)

But this question is more about what is currently the best option to choose with interest rates low;
  • Fixed for another few years
OR
  • This time around try the Tracker for a couple of years (now that my wife and I are a little more stable financially)

There is also a Tracker option for a Lifetime (I'm not sure that's for me), the later option does include a booking fee too?

Any Insight/Opinions gratefully received?

Thanks

Given the current Interest Rates for the next few years - Tracker or Fixed Mortgage? 1 vote

Fixed (3-5 years)
0%
Tracker (2 years)
100%
velocity_girl 1 vote
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.