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Corsa Sport » Message Board » Off Day » House Day » Mortgage - Which Way to Go?? » Post Reply
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Russ |
posted on 7th Sep 07 at 20:08 |
mines fixed at 5.25.. until 2017 | |
Ian |
posted on 7th Sep 07 at 18:11 |
http://www.bankofengland.co.uk/publications/news/2007/088.htm | |
Aaron |
posted on 6th Sep 07 at 07:18 |
Today they could go up once more. | |
Ian |
posted on 6th Sep 07 at 00:27 |
They meet monthy and change it when they feel it needs doing. | |
corsa.in.boro |
posted on 5th Sep 07 at 18:12 |
Good points Ian, how often does the BoE base rate change? | |
Dean_W |
posted on 5th Sep 07 at 10:41 |
quote: I'm on 4. | |
Ian |
posted on 5th Sep 07 at 00:04 |
If you're close to what you can afford then a fixed rate guarantees that your monthly outgoings aren't going to go up and jeopardise your house. | |
Russ |
posted on 4th Sep 07 at 20:04 |
house prices dropping :o | |
scoob |
posted on 4th Sep 07 at 17:12 |
im on a 2 year fixed will look eles were when its up | |
Cosmo |
posted on 4th Sep 07 at 15:55 |
yeah, as Dean said they havent much chance of dropping due to normal market fluctuations. | |
IvIarkgraham |
posted on 4th Sep 07 at 15:53 |
im on 2 year fixed rate | |
Dean_W |
posted on 4th Sep 07 at 14:57 |
house prices dropping :! :lol: | |
bishbosh |
posted on 4th Sep 07 at 14:47 |
Is anyone worried about house prices dropping when buying at susch high figures. im buying for 120k and its scary!! | |
bishbosh |
posted on 4th Sep 07 at 14:46 |
Yeah that sounds like a good idea.. I think with the way im streaching my funds to buy a fixed id a must. 2 years would give me time sus the market.. | |
--DAN-- |
posted on 4th Sep 07 at 14:15 |
Personally, at this moment in time i'd go for a two year fixed, at least for a little while you know exactly what your paying and can sus out which way interest is going, and if at the end of the two years it has dropped, you can switch over to the variable rate. | |
bishbosh |
posted on 4th Sep 07 at 13:57 |
Is it still a good idea to go for a fixed mortgege? |