Okay, so i know there are a few threads about this but in light of the independents
lead today Significant blow for mortgage holders: low tracker rates to rise
ive decided to ask the question again.
Its not an issue for me, but my brother was discussing his mortgage with me. He is not in a position to switch. Doesn't forsee that changing in the short term. With BOI, offered 3.1% 3yrs, 3.3% for 5 yrs. SVR is 4.2 so this is not an option. 220k left, LTV <60%.
Opinions?
lead today Significant blow for mortgage holders: low tracker rates to rise
ive decided to ask the question again.
Its not an issue for me, but my brother was discussing his mortgage with me. He is not in a position to switch. Doesn't forsee that changing in the short term. With BOI, offered 3.1% 3yrs, 3.3% for 5 yrs. SVR is 4.2 so this is not an option. 220k left, LTV <60%.
Opinions?