So, thats the question. My current deal expires in June and I aim to stay with my current bank, Santander, and essentially the same mortgage. Standard repayment fixed for a term of either 2, 3, 5 or 7 years.

Based on speculation about increase in interest rates, brexit next year and all that what is better? Bear in mind its possible to keep my current mortgage and move house without penalty. Which I do aim to do in the next year or so.

Current interest rate ending in June = 2.09%
2 Year Fixed = 1.99%
3 Year Fixed = 2.29%
5 Year Fixed = 2.39%
7 Year Fixed = 2.69%

I'm thinking the 5 year deal, despite usually always going for 2 year deals to cover my arse.


DJ OD