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According to Abbey Mortgages, in the last six months demand for three-year fixed rate mortgages has tripled.Research by Abbey claims that one fifth of homeowners would opt for a three-year fixed rate deal compared to 9% who would choose a two-year fixed rate deal while 8% would opt for a five-year fixed rate deal.According to [...]
More: Three-year fixed rate mortgages grow in popularity |
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Agree with this, with a 2 year deal the time goes so quickly and it is now not as cheap to switch lenders. withthe current market I would take a five year fees free deal.
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