Daughter is buying her first flat - interest rate hive mind opinion
given that rates have just gone up, and look like they will go up again in 2022, would you:
1) Take a two-year fix at £350 a month, or
2) A five-year fix at £373 a month?
Of course, no-one really knows where rates will be in two years' time, but what would YOU do?
Posted By: jamesward, Dec 16, 16:42:39
Follow Ups
- 5, definitely
Posted By: helvegtheowl, Dec 17, 06:53:51 - 25 years, I reckon
Posted By: Huge Small, Dec 16, 18:54:12 - 1Is there such a thing as a tracker these days?
Posted By: KevinBond, Dec 16, 18:53:24 - Fix, fix, and then fix again
Posted By: paulg, Dec 16, 16:56:30 - 10Interest only?
Posted By: Cardiff Canary, Dec 16, 16:48:18 - 85 year fixed
Posted By: SimonOTBC, Dec 16, 16:48:15
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