Yeah, that gets to the nub of it

If you fix long term and it doesn't save you loads it'll be mildly irritating.

On the other hand if interest rates rocket you'd properly kick yourself.

Posted By: Cardiff Canary on December 16th 2021 at 18:26:30

Message Thread

Daughter is buying her first flat - interest rate hive mind opinion (General Chat) - jamesward, Dec 16, 16:42:39
- 5, definitely (n/m) (General Chat) - helvegtheowl, Dec 17, 06:53:51
- 5 years, I reckon (General Chat) - Huge Small, Dec 16, 18:54:12
  - Not sure actually. I’ll (n/m) (General Chat) - jamesward, Dec 16, 20:54:24
    - Ask… (n/m) (General Chat) - jamesward, Dec 16, 21:11:34
- Is there such a thing as a tracker these days? (n/m) (General Chat) - KevinBond, Dec 16, 18:53:24
  - Why would you? (General Chat) - Cardiff Canary, Dec 16, 19:15:47
- Fix, fix, and then fix again (n/m) (General Chat) - paulg, Dec 16, 16:56:30
- Interest only? (General Chat) - Cardiff Canary, Dec 16, 16:48:18
  - I always tend to go interest only. (General Chat) - Men without hats, Dec 16, 20:29:47
  - Pretty secure (General Chat) - jamesward, Dec 16, 17:43:37
    - Hello (n/m) (General Chat) - NxNW, Dec 16, 17:58:15
  - Repayment (n/m) (General Chat) - jamesward, Dec 16, 16:55:58
  - Also, premium is reduced by the cost of any new deal in 2 years time (General Chat) - SimonOTBC, Dec 16, 16:51:56
    - Ahhh nifty (General Chat) - Cardiff Canary, Dec 16, 16:58:53
  - My gut... (n/m) (General Chat) - Cardiff Canary, Dec 16, 16:48:35
    - I find it strange these 5 yr deals are available (General Chat) - SimonOTBC, Dec 16, 16:50:27
      - They've got lots of cash (General Chat) - Cardiff Canary, Dec 16, 16:52:39
        
        Yes, but must be in combo with interest forecasts (General Chat) - SimonOTBC, Dec 16, 16:55:17
- 5 year fixed (General Chat) - SimonOTBC, Dec 16, 16:48:15
  - Always (n/m) (General Chat) - Old Man, Dec 16, 17:08:37
    - Finish the message before pressing return. Anyway. Always… (General Chat) - Old Man, Dec 16, 17:11:53
      - Yeah, that gets to the nub of it (General Chat) - Cardiff Canary, Dec 16, 18:26:30
      - 👍 my thoughts exactly (General Chat) - SimonOTBC, Dec 16, 17:20:59
  - Did wonder whether to go 10 year (General Chat) - SCC 28, Dec 16, 16:51:37
  - But that’s also because I know I’m ok with being locked in for 5 years (General Chat) - SimonOTBC, Dec 16, 16:49:16
    - If you move you can usually take the same deal with you though, no? (n/m) (General Chat) - jamesward, Dec 16, 16:55:30
      - Yes if it meets the criteria (LTV etc) (General Chat) - SimonOTBC, Dec 16, 16:57:05

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