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Mortgages over the next couple of months?
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I think a good option is certainly a cheaper tracker which will be on a parr with current 5 year fixed rates at major lenders (the best few)...this then gives the option to fix straight away when needed as an existing customer, which is what I intend to do in a year or two when rates have REALLY settled. This then gives me a fix at the best 60% LTV I can get at 5 year fix rates, I then plan on moving or additional borrowing at a higher rate for the rest....0
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Bond markets take fright - sounds familiarcoypondboy said:If labour win the next election which is highly likely in 2 yrs time I think bond markets will take fright and a run on the pound will force bofe from reducing rates so I would fix for 5 yrs in a few months time but not for more than 5%.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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