Thank you all for the reply, I suppose my main intention is not to expose to a much volatile situation. Currently I'm getting 2 year fixed at 2.3%, which is lowest in the market. I'm thinking of going for 2 year fixed for now and fix it for longer term after that. I hope in 2 years time Brexit effect and other financial down turn situation should be much more clear. what you guys think? appreciate your inputs.
regards
Thank you all for the reply, I suppose my main intention is not to expose to a much volatile situation..
How much will payments be as a % of your disposable income?
If it's low, there's not much point in fixing. It's more important if a rise in rates would really squeeze you.
Fixing is basically insurance against rates rising, and insurance is never free.
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