Fixed Rate Ending

nanders

Hi

My 5 year fxied rate is ending with C&G at the end if April. It is then going to a standard variable rate of 3.5%. I only intending staying at the property for another year.

Is it worth re-mortgaging or should I do nothing? Presumably I would save money on re-mortgage costs by doing nothing? I'm also hoping that the interest rate will remain subdued in a recession?

Any thoughts welcome.

Thanks

Squish_21

Soooo many posts are popping up asking similar Q's.

I'd stay on the SVR and save the money your will be saving OR overpay by the amount you used to pay on your fixed rate or more to get your mortgage amount down while the rates low.