Mortgage renewal time

[colin86]

That time has come it's up for renewal next month just wondering what peoples thoughts are regarding this. We done a 2year fix last time worked out well. Undecided what to do this time with the whole brexit and interest rates being low stuck between 2 year and 5 year. Our current provider is offering 2 years at 1.49 and 5 years at 1.94 no product fee on any of them.

What's everyone's thoughts on this?

[Sarnie]

colin86 said:

That time has come it's up for renewal next month just wondering what peoples thoughts are regarding this. We done a 2year fix last time worked out well. Undecided what to do this time with the whole brexit and interest rates being low stuck between 2 year and 5 year. Our current provider is offering 2 years at 1.49 and 5 years at 1.94 no product fee on any of them.

What's everyone's thoughts on this?

What is your LTV?

[colin86]

Not exactly sure think about 45

[xyz123]

Don't have a straight answer for you as don't know enough about your circumstances. You need to consider likelihood of any house Move, any likely changes to your life /employment and job security in the equation. What are the early repayment terms?

[colin86]

What would yous do stick on 2year and maybe interest rates still be low or you think brexit will push them up?

Or place safe with 5year a pay a little extra each month fir piece of mind