Review Time!

It's the biennial time (I think that's the right one, not biannual. Or bicentennial. Or bicycle) of year (ie every two years in case I had got it wrong) when my mortgage is up for review. My two year fixed rate has run out and probably turned out to have been a good choice given that rates have been rising steadily since I took it out.

I booked a meeting at my local bank branch with a mortgage adviser. They sent me a reminder about the meeting time via text which I thought was quite cool. I turned up on time and for once had done some preparation so that I wouldn't be going in cold. I'd spent some time in the morning looking at the rates I was likely to be offered on the internet. I then used my green electronic yes/no decision maker to take a call on the tracker v fixed rate question. It chose tracker. Sounded fine to me. I also used mathematics to compare the rates that had an initial fee to the ones that didn't. For the size of my outstanding mortgage they were pretty much equal. Nice. Or possibly annoying

So when I was in the meeting, I had a good idea what I wanted and didn't change my mind. The mortgage lady did her bit, I did my bit, she keyed it into the system and that's it now for another two years.

Oooh, tracking, exciting. I can guarantee that this is bad news for the rest of you and interest rates are now going to go up and up and up!

Going to see the bank seems so adult...