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  • Ours is up at the end of June. Not sure yet but leaning towards 2-year variable and ride the (hopefully coming!) base rate decrease?! might end in tears if timing is wrong. Really don't know...

  • No idea of your personal circumstances, but variable would be a significant risk still I think.

    I’d find a rate that you can manage (do it now - you can do it 6months in advance - we locked in 3.5% for our remortgage that happened in January) and limit it to 2years if it’s evidently still higher than what you might expect to find after that time. Ride it out.

    FWIW, I think rates will steadily fall but there’s still a risk something else will happen which means they stagnate or rise again.

  • FWIW, I think rates will steadily fall but there’s still a risk something else will happen which means they stagnate or rise again.

    I agree.

    So long as we avoid similar turmoils to 2008, 2016, 2020, 2022 it’ll all be fine now.

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