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  • These are my offered rates

    Product Term: 2 years
    Rate: 1.89%
    Monthly Payment: £1,280.67
    Incentives: £500 Cash Back

    Product Term: 3 years
    Rate: 2.19%
    Monthly Payment: £1,324.61
    Incentives: None

    Product Term: 5 years
    Overall Term: 25 years
    Rate: 2.44%
    Monthly Payment: £1,362.57
    Incentives: None

    335,000 property price with 10% deposit. Am i right in thinking that with 3 or 5 year terms i think i'll breach 80% LTV, whereas i dont think i would with a 2 year.. is that something worth considering?

  • 5 makes sense in traditional terms (longer term security) but given your nature of work (and where you work) wont be affected by Brexit I'd go 2 because I am pretty certain you'd want to move towards something bigger/better in 2 years.

  • Yeah but interest rates? Potentially a big hike might be needed to defend the currency etc etc

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