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dbr-
I’d do 5 - I think they’ll go up before they go down, and 2yrs isn’t very long
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2 year means paying the product fee 3 times to get to 5 years. That's somewhere from £3k-6k depending on the specific mortgage fee. Add in the hassle of looking for a new mortgage 3 times and I'd stick with 5.
At that point we should be well into a labour government with its sensible pants on.
duncs
Grumpy_Git
On the basis that we’re still at the start of spiralling down the economic drain, for a while things will still be getting worse before they start to get better. IMO a 5 year fix is best bet now..