From trackers to 10 year fixes: Mortgage war continues to spell record low rates
With inflation on the rise, homeowners nearing the end of their mortgage deal could be tempted to lock in for longer – especially with murmurs of a base rate rise. It comes as rates continue to fall, even on tracker deals. What are the pros and cons on a two, five and even a 10 year fix, and does the flexibility of a tracker mean it could be a worthy option to consider? Lee Boyce, Helen Crane and Georgie Frost discuss what those remortgaging and home buyers need to consider when getting a new home loan. And landlords haven't been left behind in the mortgage battle either. There is now a sub-1 per cent buy-to-let mortgage rate – and sticking with the property theme, yet another huge monthly bump for prices. Elsewhere, should you sell old Premium Bonds to buy a new set for 'better luck' and just how much have lockdown savers poured into the NS&I product? Lastly, how about a career change as an… HGV driver? We look at what salaries are on offer and how to train as a lorry driver.