Answer Base

I am buying a house and i want to know whether to go for the higher fixed rate or the lower variable - in other words, are interest rates going to rise in the forseeable future in england?

With fixed rates increasing recently is looks although rates may climb slightly. lenders seem to be trying to steer clients to tracker rates at present, abbey are doing a 2 year tracker at 0.12% off of the bank of england rate (makes the current rate 4.38% with no ties beyond the 2 years) which is nice . hope this helps,