Tej Talks

High Fee / Low Rate? What Should I Pick For My Remortgage? [Property]


Listen Later

If rates don’t change and you stay with Kent’s free switches:

  • The 2-year fix wins clearly: more monthly income, same equity outcome, no compounding of fees.
  • The 5-year fix only wins if you value stability and think rates will rise significantly in future.

If, however, rates go up at renewal time — say the 2-year deal jumps from 3.34% to 5.5% later — then over 10 years your total cash flow could drop below the 5-year’s.

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Tej TalksBy Tej Singh

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Tej Talks

View all
Investors' Chronicle by Investors' Chronicle

Investors' Chronicle

13 Listeners

This is Money Podcast by This is Money

This is Money Podcast

44 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

96 Listeners

Disruptors by Rob Moore

Disruptors

118 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

62 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

14 Listeners

The Money Podcast by Rob Moore

The Money Podcast

22 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

12 Listeners

The J2 Hub | Real Estate, Business & Real Life by James Sahota

The J2 Hub | Real Estate, Business & Real Life

1 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

7 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

611 Listeners

Dodge Woodall by Eventful Studios

Dodge Woodall

57 Listeners

Simon Says by Simon Squibb

Simon Says

13 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

10 Listeners

The PBK Podcast by PropertybyKazy

The PBK Podcast

0 Listeners