Hi
Paid off IVA in January 16. My mortgage is a 5.24% fixed for 2 years ending 31st December.
My current provider has sent me some new products to choose.
Not sure if it's best to stay where I am.
They don't charge for changing and there are no fees.
2 years fixed is 2.14% saving £160 a month
3 years fixed is 2.59% saving £140 a month
5 years fixed is 2.79% saving £130 a month.
I have no idea which one to go for. What are the likelihood interest rates will ever rise above 1% in the next 5 years.
2 years sounds tempting as I will overpay £200 a month but 5 years I'll only be able to overpay by £175 a month.
I would speak to either Ryan or Shaun as they come highly recommended and have helped a lot of posters.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
