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ride the variable for 6 months to see if the market recovers enough from the minibudget mayhem and whether inflation comes a bit under control, and move to a fixed in late Summer 2023
I think this is smart unless you are close to an LTV band. If you'd be above, say, 90-95% LTV if your property declined 10% in value I would try and lock in before that happens.
damn.
oh well.
I am still going to stick with my plan... ride the variable for 6 months to see if the market recovers enough from the minibudget mayhem and whether inflation comes a bit under control, and move to a fixed in late Summer 2023.