Without knowing the mortgage amount it's hard to compare.
Personally I'd go 5. Chances are interest rates won't go up but there's always a slim chance. More importantly, things are pretty volatile at the moment so I'd want to put off remortgaging for 5 years.
Can someone clever just tell me what type of mortgage to go for please.
We've been offered these for 28 year terms;
2 year fixed at 1.19%, £1,999 + £525
3 year fixed - 1.69%, no fees
5 year fixed - 1.70%, £999
I would say we're pretty risk averse so I guess we should stick to fixed?