Should AIB SVR holder switch to fixed?

[RMCF]

Wondering if it might be worth considering moving to a fixed rate with them?

Anyone know if they charge a fee for this?

 

[RMCF]

Older loans are on the Standard Variable Rate which will be 4% from 14th November.

But more recent customers were put on LTV (loan to value) rates which is 4.24% for LTVs >80%

Brendan

Yeah I'm on a LTV >50% <80%, at 4.04% from November.

So you think it might be worth considering moving to a fixed rate?
These are currently:

2yr : 4.65%
3yr : 4.88%
4yr : 5.15%
5yr : 5.35%

I suppose it depends on how much we think the rate may rise over the next couple of years?

And Brendan, do you know if there is a fee for getting a fixed rate from the banks?

 

[Brendan Burgess]

Hi RMCF

There are many posts on this topic. Probably time for a Key Post. I will put it on my to do list, unless someone else would like to have a go at it?

Brendan