Should I tie into a fixed rate now or wait?

kriss_boy

We have a joint account that we pay 'digs' into and the bills come off that account.

At present we only put £400 each into this account per month but I reckon we could possibly double it.

This would only leave us each about £350 per month to ourselves but I think it will build a good future for us.

At that level of overpaying even if the IR rate starts to climb we are still breaking the back of the mortgage and gathering enough equity to make moving a possiblity in the near future.