Advice on HSBC/FIRST DIRECT or METRO

FIRSTTIMER

Hi,


I am due to remortgage (80% LTV) 144k against value of 180k.


Thoughts on Two Year fixed vs Five Year Fixed.


I am contemplating not moving and not selling the property and maybe renting out say in 3-5 years. Thoughts on all three lenders please. They seem to be at the top of the tables when searching.


The rates flit between 1.99% Two Year to 2.1/2.2 Five Year. I am thinking 5 year fix is way to go as in two years time the two year fixed avail then will be around 2.4/5%. Even though LTV will drop to 70/75%?


Advice Much Appreciated

FIRSTTIMER

bump bump bump

mouthscradle

Can't help with the 2 vs 5 year argument, as we've just been through the same deliberation.

But we've been with First Direct for a couple of years now and are in the process of porting and taking out additional borrowing. Can't fault them at all. I've banked with them for 8 years and wouldn't leave. Always extremely friendly and helpful, and always a UK based person who answers the phone.