Energy Price Cap announcement: Watch Martin Lewis explain what it means for your electricity and gas bills this winter

2 or 5 year fix Undecided

edited 21 February at 7:26PM in Mortgages & endowments
13 replies 1.2K views
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  • amnblogamnblog Forumite
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    Strangely Lee, the answer here has nothing to do with rate.

    If you take the two year product, and rates are higher in 2025, your other half will never let it go.

    If you take the five year product, and rates are lower in 2025, you have no hassle.
    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.
  • Nailer99Nailer99 Forumite
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    amnblog said:
    Strangely Lee, the answer here has nothing to do with rate.

    If you take the two year product, and rates are higher in 2025, your other half will never let it go.

    If you take the five year product, and rates are lower in 2025, you have no hassle.
    Haha. Very wise. 
  • leewleew Forumite
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    amnblog said:
    Strangely Lee, the answer here has nothing to do with rate.

    If you take the two year product, and rates are higher in 2025, your other half will never let it go.

    If you take the five year product, and rates are lower in 2025, you have no hassle.
    I will as the other half will say you should have gone with your gut and took the 2 yr option, don't blame me etc etc!!

    I am convinced the rates will be lower so I am undecided still!
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