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  • More experienced home owning peoples.

    Do I go for a 2 year fixed mortgage deal at 2.09% or a 5 year at 2.19%? Obviously the initial repayments are lower with the 2 year deal, but from what I understand is that we are still near the edge of the spiralling black hole of shit that the world is going into so the 5 year may be better overall?

    We had a house purchase fall through when we had a mortgage deal at the mega 1% blip last year, now I feel more pissed about losing the mortgage offer than the house.

  • Assuming your not planning on moving I'd probably go 5 year at the moment.

    If you've a chance of moving into a better LTV band then the 2 year may work out better but it is a risk at the moment.

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