Comment on After a fixed rate mortgage ends, fix again? For how long? by Sophia
In reply to Sara (Debt Camel).
I probably wont move – unless I win the lottery….there is a £1 difference in monthly repayments between the two and I have just over 10 years left on my mortgage. I checked the deal that I was offered 2 years ago and they were 1.89% for 2 years and 1.94 for 3 years…..so will they drop again due to this whole current situation in the country or is it best to just fix and be secure? I dont really have people to speak to and ask, so it’s quite hard to know what way to swing…of course no one knows the future either! I should also say that I overpay every month to reduce the mortgage term and will continue to do so.