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Cinzano Bianco

Nationwide Increasing Interest Rates On Fixed Price Mortgages

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Apologise is this has been posted already, but i've only just seen it...

link

My question is, does the forum think this is a one off, or are we likely to see more rises despite the low base rate? If so, is now a good time to try and tie up a low fixed rate mortgage for 5 years?

My view is that there is a lot of adjustment to come yet in the housing market, and also still a lot of uncertainty. I therefore am staying well away for the time being, but would like your views.

Rgds.

Cisco.

Edited by the.ciscokid

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