Yes, lock in to a longer term fix now if you’re worried and hope for a recovery before that expires.
Exactly my plan. I have enough LTV to get a 5 year fixed at 1.89% with current lender, am due to renegotiate in the next month so hoping the rates don't rise before then (although 0.25% is hardly the end of the world).
@Greenbank started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
Yes, lock in to a longer term fix now if you’re worried and hope for a recovery before that expires.