Hello
Can anyone provide any comments on whether to fix my mortgage on a 5 or 7 year fixed rate?
My current deal comes to an end at the end of May and I have been to see my existing lender today and they have offered me 5 years fixed at 3.39% or 7 years fixed at 3.79%.
I have an LTV of 56% and have 25 years remaining on my mortgage.
Can anyone provide any comments on whether to fix my mortgage on a 5 or 7 year fixed rate?
My current deal comes to an end at the end of May and I have been to see my existing lender today and they have offered me 5 years fixed at 3.39% or 7 years fixed at 3.79%.
I have an LTV of 56% and have 25 years remaining on my mortgage.