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Monster1985
We were very fortunate and remortgaged last year at 1.6% for five years and having seen how easily the market can spook have decided to prioritise this debt. We can overpay by 10% per annum without penalty but it occurred to me with interest rates for savings accounts touching 3.5% that we'd be better off keeping the savings where they are for now.
Am I missing something obvious that will occur when we remortgage again and the rate will clearly be less favourable?