National Counties has a 5 year fix with 1.60 % discount of their SVR of 4.79%. The fee is £1200. I am currently with them anyway so sticking with them would cut out paperwork and evaluations etc.
A rate of 3.19% for 5 years seems good. I have read somewhere that the BoE base rate is likely to stay at 0.5 % over the next three years. I know that National Counties can do what they like with SVR but if there is some link to base rate, their SVR might not change that much. So I could get 3.19% for at least 3 years.
What do you think of the mortgage deal?
A rate of 3.19% for 5 years seems good. I have read somewhere that the BoE base rate is likely to stay at 0.5 % over the next three years. I know that National Counties can do what they like with SVR but if there is some link to base rate, their SVR might not change that much. So I could get 3.19% for at least 3 years.
What do you think of the mortgage deal?