Hello,
I apologise if I am asking any dummy questions, but I have found this site very useful in the past and I thought i'll ask away again.
I'm finishing a 2 year fixed term with a rate of 4.79%. I got a letter today with the following offer:
Variable VRB- all LTV's- 4.50%
10 year fixed all LTV's -4.99%
2 year fixed (PDH) - 4.350%
3 year fixed (PDH)-4.60%
5 year fixed (PDH0-4.85%
I am obiously tempted to go with the 2 year fixed, as it looks like is the best deal, but I have read a few times in here about trackers. I have read my contract,but it doesn't seem to be mentioned at all. Is that an option that only some of the mortgages can avail?
Thanks you!
I apologise if I am asking any dummy questions, but I have found this site very useful in the past and I thought i'll ask away again.
I'm finishing a 2 year fixed term with a rate of 4.79%. I got a letter today with the following offer:
Variable VRB- all LTV's- 4.50%
10 year fixed all LTV's -4.99%
2 year fixed (PDH) - 4.350%
3 year fixed (PDH)-4.60%
5 year fixed (PDH0-4.85%
I am obiously tempted to go with the 2 year fixed, as it looks like is the best deal, but I have read a few times in here about trackers. I have read my contract,but it doesn't seem to be mentioned at all. Is that an option that only some of the mortgages can avail?
Thanks you!