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Showing results for tags 'fixed rate'.
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Hello, I switched to a new 5 yr deal amidst the panic 2 weeks ago. That evening my bank, NatWest, duly put all the rates up significantly…so it felt like a good move…our current fixed rate doesn’t end until March, so I wanted to make sure we didn’t lose the deals on offer with our existing lender, which beat all the rest. however, as my current mortgage doesn’t end until March do I still have the right to switch again if interest rates change or other deals become available? Or Am I completely locked in already? thanks for your help.
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Hi all, Boris said earlier today he expects the Covid-19 Pandemic to last around 12 weeks. I understand it’s early days yet but what (if any) effect do you think it will have on the property sell market? I’m in the process of purchasing a property to move into, renovate over a period of 12-18 months and then sell on. Also I’m purchasing through a 2Year fixed rate mortgage. The application was submitted the day before the BBR fell to 0.25%. Is it worth re-applying/seeing what (cheaper?) products are now available or will lenders be more restrictive of who they lend to? Thanks in advance for any advice! Rich
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All, I have found myself my first property and have started the process. I was just wondering what people's thoughts are pros and cons of a 2 year or 5 Year fixed mortgage. The interest is higher on the 5 year fixed. What are people's thoughts. Regards, Jay
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- mortgage
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