Are people on tracker mortgages moving fast to snap up fixed-rate deals before all the banks catch up with the interest rate change? Or realistically will we not see a direct correlation?
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Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
I have just re-mortgaged to another tracker rate and not fixed. This was a conscious decision on the basis that rates will go up very gradually and my tracker is over the period likely be cheaper all in than having fixed. Obviously no one really knows, but I hope there is some logic in my thinking somewhere.______________________
Don't get mad...get even... -
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Originally posted by d000hg View PostAre people on tracker mortgages moving fast to snap up fixed-rate deals before all the banks catch up with the interest rate change? Or realistically will we not see a direct correlation?Last edited by northernladuk; 8 November 2017, 15:20.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Where in the process of moving now pretty much payed my current mortgage off and am jumping back in. Locked in a 5 year deal. I may regret it. Brexit etc,etcComment
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Originally posted by Wilmslow View PostI will just pay the mortgage off. Problem solved."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostBut then you live in that back end of no where where houses are a couple of thousand quid. If you actually lived where you were born you wouldn't say that tulip.
(I only know this because while we love where we are, my wife has started to look at houses in Devon & Dorset. Initially it was as a holiday home, but she now appears to be thinking bigger)…Maybe we ain’t that young anymoreComment
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This will be question for my advisor anyway, but we've just finished our fixed rate and dropped onto the provider's SVR (4.7 ouch) - trouble is we're trying to move house (have buyer) but struggling to find the right house for us (very picky).
I don't think we'll find anything till the Spring now so wondering about the feasibility over remortgaging the current place onto a discount tracker with no lock-in period in the meantime.
Depends how long it takes us to find somewhere I suppose as to whether it's financially worth the hassle.Do what thou wiltComment
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