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Should I fix for 2 years or 5 years?
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Have you decided what to do?efirox said:Hi all, we finally had an offer accepted and we're looking to get our mortgage sorted, we are FTBs.
There are two offers we're considering:
- 1.64% over 2 years with Santander plus £999 product fees but with free evaluation and £250 cashback, this is about £804 for us
- 2.18% over 5 years with Barclays plus £999 product fees with free evaluation, this is about £873. The problem with this is our broker says the affordability is slightly lower than what we want, so we can try to push using my sales bonus or I think we could just push £2k from our savings
It is 90% LTV £285k
Any thoughts or advise?
Thanks0
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