📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

What 5 year fixes were available 2 years ago?

Hey, my 2 year fixed rate of 1.19 has just expired and I'm now paying an extra £150 per month which I can afford fine. (TSB and my LTV under 60%)

Just purely for my own interest, can anyone tell me what rate I would be on now if I had gone for the 5 year fix that I was offered instead?  I can't recall the rate I turned down. 

Just roughly an idea of what 5 year fixes were available 2 years ago for very low LTV mortgage?

Thanks

Comments

  • BikingBud
    BikingBud Posts: 2,586 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 17 January at 5:05PM
    Hey, my 2 year fixed rate of 1.19 has just expired and I'm now paying an extra £150 per month which I can afford fine. (TSB and my LTV under 60%)

    Just purely for my own interest, can anyone tell me what rate I would be on now if I had gone for the 5 year fix that I was offered instead?  I can't recall the rate I turned down. 

    Just roughly an idea of what 5 year fixes were available 2 years ago for very low LTV mortgage?

    Thanks
    Booked mortgage based upon an offer dated 6 Aug 21, completed Sep 21 and current fixed rate expires Nov 26.

    See sig block for other details.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Second Anniversary 10 Posts Name Dropper
    edited 18 July 2023 at 7:38PM
    Interesting, thanks.  So you were on the same rate as me but fixed for 5 years. And I see your LTV was also under 60%.  And did you pay an arrangement fee?

    Now that I think about it I'm sure it was like £30 or so cheaper a month to be on the 2 year fix than the 5 year fix.  Is potentially a gamble I lost tho!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.