Fixed or Variable?

[munchie]

Would you recommend going onto a fixed rate of 6.26 for 5 years or stay on the variable 5.99 at the moment. I dont know what to do......

 

[LDFerguson]

Have you looked back at the many existing threads on this question? .

 

[irishlinks]

5.99 is the highest variable rate around at the moment - probably IIB or Nationwide. That 6.26 fixed for 5 years is also one of the highest .
Have you looked at other lenders? Halifax and BOI are still offering `1k towards legal fees and their rates are good if you owe less than 80% of your house value.