I Have A Fixed Rate Mortgage

I Have A Fixed Rate Mortgage

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Simon2009-02-08 23:15:12 I have one. Still got 2.5 years left on it as well. Doh!!! Seemed the right thing to do at the time.

Not sure what to do now... Get out of it, pay the 3% (grrrr!) fine and then get onto a lower rate or just sux it up.

Any ideas? 1
The Landlord Avatar
The Landlord2009-02-09 07:40:33 Hey Simon,

Yeah, that's frustrating. Mortgages are always a gamble.

You need to work out if it will actually cost you less in the longrun if you pay the 3% and additional costs of getting a new mortgage, compared to just sticking with it!

What's your current rate? 2

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