P Páid Registered User Messages 1,050 22 May 2018 #21 deltrotter said: So the question is how long should people fix for? I'm coming from 3.15% and no breakage fee - offer is valid for 5 working days. I can't imagine rates coming any lower than 3%? I'm almost tempted to fix for 2 years - I normally only fix for 1 year at a time. Click to expand... Am I correct in assuming that if I fix for five years and EBS drop their fixed rate again I could break out for €0 and fix at the lower rate? I know that the breakage fee can increase but the opinion seems to be that its unlikely?
deltrotter said: So the question is how long should people fix for? I'm coming from 3.15% and no breakage fee - offer is valid for 5 working days. I can't imagine rates coming any lower than 3%? I'm almost tempted to fix for 2 years - I normally only fix for 1 year at a time. Click to expand... Am I correct in assuming that if I fix for five years and EBS drop their fixed rate again I could break out for €0 and fix at the lower rate? I know that the breakage fee can increase but the opinion seems to be that its unlikely?
N nest egg Registered User Messages 654 22 May 2018 #22 How long do you have to be with your previous lender before EBS will consider an application?
D deltrotter Registered User Messages 60 23 May 2018 #23 I've decided to fix for 12 months at 3%. Can't complain as I was able to fix twice in the last year without breakout fee!
I've decided to fix for 12 months at 3%. Can't complain as I was able to fix twice in the last year without breakout fee!