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Mortgage Clinic: 'Should we choose a fixed-rate or a tracker?' (Independent)

Story date: 2008-02-19 04:45:53
Added on: 2008-02-19 17:18:12


'My wife and I are falling out over what to do with our home loan – a fixed rate or tracker? We're weeks away from our current deal ending (a two-year fixed rate on a £220,000 repayment loan) and I believe the Bank of England base rate will drop to 4 per cent over the next year. But my wife is arguing for the security of a fixed rate.' J Rangeworth, Bedfordshire


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