Posted on 11 January 2012 by Denise
My fixed rate mortgage with Nationwide is coming to an end should I fix again or change to a variable rate?
I refer you to my response to Rob on 8th January: https://www.charcol.co.uk/knowledge-resources/ask-the-mortgage-experts/article/fixed-vs-tracker-5412/
What is best for you is impossible to advise without first establishing what your attitude towards risk is and in particular whether you are happy to take a lower payment now knowing that there is a chance that it will increase above and beyond the current payments for a fixed rate.
I believe you would benefit from speaking to one of our independent mortgage advisers. Please call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to give you a personal recommendation.
Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.