They almost all get paid by commission, even the ones called Independent Financial Advisers. Not necessarily a bad thing.
To everyone saying wait for rates to come down before fixing, I'd agree that base rates are almost certainly coming down, but most mortgages effectively track some form of LIBOR and that isn't going anywhere but up.
Personally though, in the original poster's position I'd go for a variable rate and gamble that even LIBOR will have relaxed before I lose my job and can't pay the mortgage.
#3801090, By bainbrge Worth getting a fixed mortgage?
bainbrge 1,687 posts
Seen 8 months ago
Registered 14 years ago