Mortgage Top up & 5 Yr. fixed

[joel]

Hi,
I am planning to top up my mortgage and change it to new lender. I got an offer from the broker for 4.95% apr for 5 Year fixed.

I am on tracker now, I think going for 5 yr fixed is not a good option now especially there is a possibility of ECB rate cut. Is it good to look for tracker or Fixed is OK?

_Joel

 

[ClubMan]

Check out the many existing threads about fixed versus variable/tracker rates. Do a search or browse around to find them.

 

[joel]

Hey Clubman,
If you can't answer thats fine, please don't wind me up.

 

[ClubMan]

Hey Clubman,
If you can't answer thats fine, please don't wind me up.

What are you on about? How is pointing out that there are existing threads relevant to your query winding you up?

 

[LDFerguson]

Joel,

Your question has been answered many times before. Why do you expect Clubman or anyone else to take the time to answer the question yet again when you evidently haven't taken the time to search? Please bear in mind that Askaboutmoney is a free service and those that contribute to it do so voluntarily and without payment.

 

[joel]

Guys,
Thanks for all your great replies....

 

[ClubMan]

Since you are happy with the answers I will close the thread now.