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5 year fix?
AdmanPea
Posts: 115 Forumite
Hi all
We are in process of moving house and with a 80% l tv we can get a five year fix at 4.15% with the bank. Would five year fixing be best way forward you think or should I shorten it and go with a two year in the hope rates are continuing to drop?
We are in process of moving house and with a 80% l tv we can get a five year fix at 4.15% with the bank. Would five year fixing be best way forward you think or should I shorten it and go with a two year in the hope rates are continuing to drop?
I know this is an impossible question in many ways. I’m minded to go five just for stability
0
Comments
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There isn't going to be some sort of general "correct" answer. The main factor for choosing a length of fix is when you think you might want to do something different e.g. sell the property.0
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We view this as our forever home (barring a big change in circumstances)0
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