2 year tracker or 5 year fixed ??

[dee2912]

Hi i have been accepted for a mortgage and i have 2 choices a 2 year tracker which at the minute works out at �749.00 a month or a 5 year fixed at �940.00 a month these prices are given to me by my bank , if i take the 2 year tracker will the interest rate rise am i better off with the fixed although it is alot extra i havent got much experience with this any help would be great, thanks

[buildersmate]

None of us can predict what interest rate rises there will be.
It is also impossible to give you comparisons without knowing what interest rates you have been offered.
Seriously, if you really aren't sure what to do, you really need the advice of an independent financial advisor (who will want paying).