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I think it depends on your nerve! The market view now seems to be rates are not going up possibly until early next year but its so volatile with the situation in Greece spreading and many other factors in play.
We have just refixed our mortgage and we stuck with a fixed rate; there are some super fixes out there at the moment but to get your hands on the ultra low rates you would have to gamble on a tracker.....
Hi Veronica.Go and see a independent financial advisor if you really want good advise? There are plenty about.My advise is to go for a offset mortgage? This means you put all your spare savings etc (cash)into a current account linked to your mortgage,then the amount you have saved up is taken off your mortgage amount saving you a lot of interest over the term or mortgage.Again take advise.
Thanks very much for your replies... I have until 3 August to make a decision your comments have been much appreciated.