Mortgage advice FD or not FD

eze_e9399

My Mortgage terms with the southerly rock! is due to expire in May. I am unsure of where to turn although the new FD rate caught my eye at 5.25 and £99 fee as advertised in the business pages of my newspaper.

Am I right in quoting these fee's or is there something else I should be considering i.e. fee's or hidden catch's?

Is is the case that I maybe tied into their variable rate for three years for example?

Thanks in advance

jem16

No catches. The only other fee is a valuation fee.

There are early repayment charges if you leave during the fixed rate term but not afterwards.

http://www.firstdirect.com/mortgages/offset-faqs.shtml

eze_e9399

Thanks for the reply, I guess they are just good at getting customers, all my banking is with them and I am very happy