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Is it worth the hassle of switching mortgage providers for the sake 0.09% difference?

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  • MFWannabe
    MFWannabe Posts: 2,563 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If anyone is still about to help my renewal is coming up in August and these are my options on 60%LV 

    TSB 2 year fixed @ 1.59% no fee
    TSB 5 year fix and flex @1.99% 3 years limited 10% overpayment then last two years I can exit early or overpay a big chunk.

    By the looks of things is it best to not lock into anything longer than 2 years with the economic situation? And is there anything a lot better than 1.59% for 2 years? 

    I want this debt cleared 5 years max , aim is 3.5 years
    You want the debt cleared in 3.5 years ideally so fix for two, makes no sense to fix for 5 🤷‍♀️

    MFW 2026 #50

    Mortgage:

    04/04/26: £33,500 

    07/03/26: £34,418.15

    16/01/26: £56,794.25
    02/01/26: £60,223.17

    12/08/25: Mortgage: £62,500.00
    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    Savings: £20,000




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