Would you fix for 5 years or 10 years....?

Peelerfart

My tuppence worth,
Having come from the MFW board as well, is to take the 5 year rate,but pay/overpay at the 10 year rate as you can clearly afford it, maybe more?

Without upsetting the pension, investment peeps on here who are damn good!

That then buys you a little, wiggle room yes?

Lauralou79

5 years

I fixed for 5 years when we took out the mortgage and am now overpaying a little a month. ( I have savings too and pay into an NHS pension)

We are under 60 LTV to start. I just like the security of knowing how much my payments are.

Doubt I'd fix for ten years but see why people do. Especially when people talk about rate rises above 5% ( if that actually happens in the short term)

Thrugelmir

10 years

Do what is right for you as of today. Little point in speculating what might or might not happen. How much is peace of mind worth to you? Knowing precisely what your outgoings will be. The only certainty in life is uncertainty. Often or not when things go awry that come back to bite you with vengance.