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Halifax 4 year fixed isa 5.2%

 
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roysten
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Joined: 19 Feb 2006
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PostPosted: Sat Jun 03, 2006 10:28 pm    Post subject: Halifax 4 year fixed isa 5.2% Reply with quote
What do people think about the halifax 4 year fixed ISa at 5.2% ?

Is it a good one to take on for 4 years ?
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Flash
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Joined: 06 Feb 2005
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PostPosted: Fri Jun 09, 2006 1:33 am    Post subject: Reply with quote
Since interest rates are expected to rise, perhaps 4 years is too long to fix ?
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redrose
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Joined: 04 Apr 2005
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PostPosted: Sat Jun 10, 2006 1:30 pm    Post subject: Reply with quote
Flash, they did rise, about 7 central banks raised their rates late last week including europe, its only a question of time before the UK follows suit. 4 years at 5.2% is not good, you best wait a while and get a much better rate on a 4 year deal !
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Phillipa
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Joined: 05 Feb 2005
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PostPosted: Fri Jun 16, 2006 4:38 pm    Post subject: Reply with quote
The latest inflation report showed a jump from 2% to 2.2% which implies interest rates WILL rise this year !
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Sarah
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Joined: 16 Jul 2004
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PostPosted: Mon Jun 19, 2006 7:08 pm    Post subject: Reply with quote
Hisotrically UK interest rates tend to be higher than those in the US, with the US now at 5.25%, and ours at 4.5% I think its only a question of time before they rise to above those in the USA.
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Phillipa
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PostPosted: Wed Nov 15, 2006 4:17 am    Post subject: Reply with quote
2 interest rates later Wink

The halifax is now fixing its ISA for 4 years at 5.3% ????

This is ridiculous, interest rates have gone up .5% but the halifax rate has only gone up 0.1% !!!
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Lucky
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Joined: 13 May 2006
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PostPosted: Sun Nov 19, 2006 1:31 am    Post subject: Reply with quote
I understood it as a 5 year fixed account ? I presume it means you can have 4 year if you want to ?


Also theres another post that says it was once 5.8% when interest rates were 4.7% so 5.3% with interest rates at 5% is crap.
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