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Mortgage rates

2 replies

Firstshoes · 12/04/2025 11:44

My 5 year fixed is coming to an end at the end of June. I've 35% LTV and have secured a 2 year fix at 4.54. with all the talk of base rate cuts later in the year would you go on the SVR for a while? We only want a 2 year fixed as might want to move house after that. Not sure what to do!

OP posts:
TheOneWithUnagi · 12/04/2025 13:00

I’d go with a 2 year fix, or if you want more flexibility are there any tracker options with no early repayment penalty?
SVR will likely be very expensive.
of course the risk with a tracker is that rates may go up.

Roselilly36 · 12/04/2025 13:06

I would take 2yr fixed, doubtful if interest rates will reduce, given the financial climate, would love to be proved wrong though.

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