Sorry for a new thread , I know that this might have been asked already.
I am a first time buyer looking for advice on which bank to get a mortgage from .
I will be looking for a loan of 140,000 on a property worth 185,000 over 29 years.
Which bank would you recommend for fixed rate or variable rate ?
Also , I might think of increasing my payments in order to reduce the interest and monthly mortgage amount - Can I do this with a fixed rate.
If I go variable do you think that rates will rise?
If I go fixed can I get out of it easily if the variable rate goes low.
I am a first time buyer looking for advice on which bank to get a mortgage from .
I will be looking for a loan of 140,000 on a property worth 185,000 over 29 years.
Which bank would you recommend for fixed rate or variable rate ?
Also , I might think of increasing my payments in order to reduce the interest and monthly mortgage amount - Can I do this with a fixed rate.
If I go variable do you think that rates will rise?
If I go fixed can I get out of it easily if the variable rate goes low.