Hi everyone, could do with your opinions please. Mortgage is due for renewal as old fix is coming to an end. The two year fix is 3.09% and five year fix is 3.39%. It makes about £100 difference to payments each month depending on the option we go for. Don't know whether to go for two year fix as rates will stay low or to tie into five years. We wont be paying any capital back as interest only. Just confused. The five year gives some certainty to payment flow. Any thoughts?:A
↧