Time to remortgage and right now, fixed are actually slightly cheaper due to lock-in.
I wondered anyone's thoughts on rate Vs discounted period given the current situation? We are in no way looking to move or borrow more, or make overpayments beyond the maximum allowed (10% per year seems the norm).
Our LTV is about 55% and we've basically got offers 2yrs @1.2% Vs 5yrs @1.4%, as our IFA puts it we'd be paying a fair bit over the next 2 years to guarantee the following 3.
Any thoughts from those who own their own homes (kebab shops don't count?)
I wondered anyone's thoughts on rate Vs discounted period given the current situation? We are in no way looking to move or borrow more, or make overpayments beyond the maximum allowed (10% per year seems the norm).
Our LTV is about 55% and we've basically got offers 2yrs @1.2% Vs 5yrs @1.4%, as our IFA puts it we'd be paying a fair bit over the next 2 years to guarantee the following 3.
Any thoughts from those who own their own homes (kebab shops don't count?)
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