I have a low variable rate on the place I have just bought but factored in any potential rises in base rate.
It would have to go up a fair few points to overtake the rent on my last place so I'm happy with my choice not to go fixed. Assuming no rise for 12months its an extra grand off my debt.
I have a low variable rate on the place I have just bought but factored in any potential rises in base rate.
It would have to go up a fair few points to overtake the rent on my last place so I'm happy with my choice not to go fixed. Assuming no rise for 12months its an extra grand off my debt.