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Poll: Are you recommending more five-year fixes over two-year fixes based on affordability?

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  • 16/09/2019
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Five-year fixes have increased in popularity, raising the question of whether the difference in how affordability for such mortgages is tested has made it an easier sell for brokers and borrowers.

 

 

As borrowers may find themselves ineligible for a two-year fixed mortgage, it’s not too surprising that the longer product may be suggested as a more suitable option to get them a mortgage while also giving them security for a lengthier term.

So this week Mortgage Solutions is asking are you recommending more five-year fixes over two-year fixes based on affordability calculations?

Are you recommending more five-year fixes over two-year fixes based on affordability?

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