Fixed rate comes to an end..do I get new one or go on tracker?

*onlyme*

I have 15 years and 8 months left on my mortgage, which has just over £60K outstanding.

We have 3 accounts:

2 which are fixed rate at 5.69% until end of June 2011
1 which is on a variable rate of 4.99% currently.

I just rang Woolwich who the mortgage is with to ask my options for when the fixed rates end.

They said I am down to have those 2 parts of the mortgage to go onto a tracker which would save me just over £100 a month. They also suggested when I ring back in April (which is 90 days before the end date of the fixed rate and I can change things), to see what they can do on tha variable rate part of the mortgage.

He said to look at their website to show what rates they currently have, but it's a minefield.

I like the part of fixed rate so I know the main part of the mortgage isn't going to change my outgoings.

However, I do like to reduce my outgoings like we all do, but my worry is that if the interest rates go up, I will struggle.

I can always overpay the mortgage with the £100 I am saving if I went on a tracker.

How can I work out from the % on the woolwich website how much my payments would be roughly on the fixed rates they have on offer. I did notice a lot of them have a fee, which I don't want to pay, so it would need to be one without a fee. (there are a few, not many)

Any guidance would be appreciated

dimbo61

I had a quick look on the woolwich website but without knowing your LTV and what your existing deals revert to at the end of the fixes we can give no views/opinions !
They have 2/3/4 year fixes but most have fees of £999 or more!