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Tracker or Fixed

Last post Fri, Dec 21 2007, 7:56 AM by S.Evans. 2 replies.
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  •  Fri, Dec 21 2007, 7:56 AM

    Re: Tracker or Fixed

    Hello,

    Thanks for your advise.

    Merry Christmas!

    • Post Points: 5
  •  Thu, Dec 20 2007, 4:35 PM

    Re: Tracker or Fixed

    Hi,

    With further falls expected we have been recommending trackers if the client is happy with a risk element. Your attitude to the fluctuations in the market will be paramount in any decision, but over a 2 year period I believe the risk is worth it. The savings will depend on the size of mortgage, that will also be a factor for you to consider.

    • Post Points: 20
  •  Thu, Dec 20 2007, 1:00 PM

    Tracker or Fixed

    Hello,

    I am currently coming to the end of a 2 year Fixed rate mortgage, and have to make a decision on whether to go with a Tracker or Fixed rate (Best one's i have found).

    2 year Tracker @ 5.64% (0.14% above BBR) or

    2 year Fixed @ 5.87%, both have the same Fee's

    Do you think that the BBR will continue to fall over the next 2 years?

    Any help or reccomendations would be very welcome.

    Thanks, Simon.

    • Post Points: 20