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Choosing a fixed rate mortgage

(5 Posts)
mrsminiverscharlady Thu 21-Mar-13 18:47:01

But the SVR can, by its very nature, change whilst you're on the fixed rate - there's no telling what it will be by the time you go on to it. If you're really concerned then maybe get the longest term fix you can rather than the cheapest.

ItsAllTLAsToMe Thu 21-Mar-13 09:20:55

Well, yes, but isn't there a risk of adverse circumstances meaning that this isn't possible? (20% deposit if that affects anything).

derektheladyhamster Thu 21-Mar-13 09:14:58

I always swopped to another deal afterwards.

HousewifeFromArimathea Thu 21-Mar-13 09:11:28

I don't because I get another deal straight away when the current term comes to an end.

ItsAllTLAsToMe Thu 21-Mar-13 09:00:41

Is it also important to take into account the SVR after the initial fixed rate period?

Mortgage broker + DH don't seem to think so, but I do! <stressed>

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