We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Mortgage deal advice
gerrard88
Posts: 185 Forumite
Any advice below? Thinking of locking in for 2 year but interest to see what people
think
think
Current - £530 a month
2.7% fixed
New deal
2 year fixed
£626.73
4.35%
2 year tracker rate
£623.53
4.30%
5 year fixed rate
£619.06
4.23%
0
Comments
-
Not really enough information.
But in any event it will always be subjective.
Plans to move?
Plans to take out additional borrowing?
Risk taker/risk averse? (fixed short term/fixed medium term/variable),
Its like comparing a bag of crisps to chocolate without more information. But even with it, it would still come down to the individual.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, 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.1 -
Yes sorry
planning to move 3-5 years0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.7K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.8K Mortgages, Homes & Bills
- 179K Life & Family
- 263.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards