Do I take 3.99 fixed for 5 years or 2.0% above base variable?
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Mortgage
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Mortgage
...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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take the 4% for five years and forget about it and move on
with what is reckoned to be coming I wouldn't like to have 2% above base rate during the coming years
Milan. -
I'm tending to the fixed as well. I'm literally off to see the broker this minute so will let you know what happens.......my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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Originally posted by Lockhouse View PostI'm tending to the fixed as well. I'm literally off to see the broker this minute so will let you know what happens....
Anyway. Take an offset.What happens in General, stays in General.You know what they say about assumptions!Comment
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I'd go tracker if I needed a mortgage.
Interest rates aren't going anywhere no matter how high inflation gets.Comment
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Originally posted by DimPrawn View PostInterest rates aren't going anywhere no matter how high inflation gets.Comment
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Originally posted by MarillionFan View PostAnyway. Take an offset.Comment
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My warchest is all in myco - no sense in paying tax if I don't need to so didn't go with an offset.
Hedged. Took my current mortgage over at 0.63 above base for half and 3.99 fixed for 3 years for the additional. At the end of the three years hopefully I'll have made a decent dent in it anyway....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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Also when everyone's at it, can I add another question. What is a smart move? Taking a longer duration and hence reducing the monthly committment, and paying off early as and when possible, or Take a 5-15 year mortgage, with higher committments.Comment
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Looks left. Looks right. Looks up.
Mmmmmm. No-one has said it.
A mortgage? No contractor ever needed a mortgage. Pay him in cash and tip the estate agent an extra 50K for your time!What happens in General, stays in General.You know what they say about assumptions!Comment
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