Base rate bingo

TZ-UK Forums TZ-UK Forums eletos

Going to remortgage a couple of properties, been offered the following:

2yr fixed, interest only, private name, against a student 4 bed HMO, no fees 4.84%

2yr base rate tracker, interest only, private name, against a student 5 bed HMO, £1500 fees, 5.18%

Might be a nice diversification to have one fixed and one tracker, but 2 rate cuts and the tracker will be winning.

Quite how fast rates will drop given recent issues who knows. Be interested to hear the thoughts of anyone.

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