5.5% fixed

Jun 27, 2006 6 Replies

Am thinking of fixing at 5.5% for five years with Abbey.



Does this seem like a good idea?



First Active are doing 5.19% fixed for five years, but there may be other differences...

- Ian

Not when Nationwide are doing 5.08%

I should add that it's with my existing provider, so the arrangement fees etc. are minimal. Looking at other providers, I realised that I'd have to shell out an average of £800 for arrangement... at which I balked...

Are you lending or borrowing ?

Eithere way - it might be good - it might be bad.

I should add that it's with my existing provider, so the arrangement fees etc. are minimal. Looking at other providers, I realised that I'd have to shell out an average of 800 for arrangement... at which I balked...

----

Depends on the size of the mortgage, if it's interest only or repayment, how you would define 'minimal' and how many years you are borrowing over......

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required