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fixed mortgage rate ending do we fix again?

Our fixed rate on our main mortgage account ends in March. We are with Cheltenham & Gloucester and have several sub accounts with them as well.
Apparently we've been told we need to make a descision in January if we want to fix the rate again. With the current climate is fixing it the right option?

Comments

  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Depends on you.

    How would a rate rise affect you ? Can you afford it ? Is stability important to you ?

    There is a good article on this very question from Martin.
    Space available for rent
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    SCARBO wrote: »
    Our fixed rate on our main mortgage account ends in March. We are with Cheltenham & Gloucester and have several sub accounts with them as well.
    Apparently we've been told we need to make a descision in January if we want to fix the rate again. With the current climate is fixing it the right option?

    Do a search for 'fixed or tracker' - there seems to be a thread on this subject every day.

    No-one can tell you what's best based on such basic information.
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