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Alliance & Leicester - 4 Year Step Discount Mortgage?

I was wondering does anyone else have the same type of mortgage.

We will be coming into our 4th year in June but we would like to change our mortgage now so that our monthly payments are lower and for home improvements. I don't know whether it will be worth our while doing it in the 4th year and what the fees we will be charged will be.
Barclaycard: £4,217.55/£5 = 0.11% | Tesco £3,810.55/£3,770.55 = 1.05%
Total: £8,027.80/£5 = 100%/0.06%
Mortgage £99,692/£51,652.33 51.8%
Car Loan: £9,217.20/7,527.38 81.67%
My Money Managing Ways
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