Posted 22nd May
If anyone is in same boat as me where you’re waiting for the mortgage interest rate to go below 1% but at the same time not 100% sure of the job security above 7 year deal from Barclays looks something to keep in back of the mind. My gut feeling is mortgage interest most likely will go below 1% by end of the year and I’m happy to wait but I’m currently in a position where there is no job security so need to be in lookout . So, should something happen this 7 year deal can take me towards the end of the mortgage and I can just manage to pay by working part time . Obviously, everyone’s situation is different and I guess it’s not bad to have another option . Stay safe everyone.