Thoughts on will 2 year fixes continue to rise % rates for the foreseeable?

IAMIAM

Continually creeping up for the past 6 months

md258

Not much change for the next 2 years, then they'll start rising as the government uses inflation to get rid of the covid bill.

Thrugelmir

Until there's a significant change in the bigger economic picture. Better to remain cautious. 

ACG

Rates in and around 65% LTV have not changed too much. 
85% and above, seems to be creeping up but I think that is partially down to risk and demand. Demand at the minute is putting lenders under a lot of pressure for their service standards, combined with the risk that house prices could drop if this vaccine does not work is allowing lenders to up their rates. 

It will be interesting to see if rates do drop as things naturally start to slow down over Christmas and new year or not. My deal finishes in May, I could get a new deal now but I am holding out as I think/hope they will start to drop in the next 2-3 months but dont hold me to that, your guess is as good as mine.

IAMIAM

ACG said:

Rates in and around 65% LTV have not changed too much. 
85% and above, seems to be creeping up but I think that is partially down to risk and demand. Demand at the minute is putting lenders under a lot of pressure for their service standards, combined with the risk that house prices could drop if this vaccine does not work is allowing lenders to up their rates. 

It will be interesting to see if rates do drop as things naturally start to slow down over Christmas and new year or not. My deal finishes in May, I could get a new deal now but I am holding out as I think/hope they will start to drop in the next 2-3 months but dont hold me to that, your guess is as good as mine.

I am in exact same situation. Apply now and secure or wait around.

ShowMeTheDough

My current fix ends in March next year; I understand my lender (Natwest) will be offering me some new deals next month (LTV <60%).

Based on the above comments in this thread, I am assuming it's possible that any deals they initially offer COULD change/fluctuate over the final 3 month period. Is this correct? 

If so, I may hold out until into the new year rather than hastily accept anything. 

(I should point out that I will be sticking with my current lender due my employment situation, so remortgaging elsewhere is not an option for me.)