Are you fixing for 2 or 5 years....

IAMIAM

Whats the general vibe?

Thrugelmir

Whatever is best for your personally. Same as always. 

MFWannabe

Same as last time you asked?! 

https://forums.moneysavingexpert.com/discussion/6221204/are-you-going-for-a-long-term-fix-or-short-term-fix/p1

IAMIAM

We are now two months on, but thanks for the usual google of forum poster for blatant brownie points for no reason

grumiofoundation

How much impact on your decision will the (lets assumed honest) responses of max 10-20 people on the internet make?

getmore4less

Nothing much has changed in 2 months. 

A few I looked at the 5 year rates were not far off the 2 year once you run the calculations over 5 years. 

RelievedSheff

We have opted to fix for 5 years.

This is purely because after 2 years we wouldn't have built up that much more equity in the property to affect the LTV and product interest rates, but after 5 years on a relatively short term 16 year mortgage we will have built up far more equity in the property and will be on a much lower LTV product after the five years is up.

Peppermint90

5 year fix

Suseka97

I've tended to go with a 5 year fixed, over the years - but lately more inclined towards a 2 year fix.  Why, well I don't have many more years of mortgage payments ahead of me (10 yrs max depending on how much I can overpay) and I'm less worried about significant IR rises.   Is that wise... who knows!

lonibra

2 years always

IAMIAM

Which of these two is better value on 140k 30 year term
2 Year 1.54% £490 Fee (3% then 2% ERC)
5 Year 1.69% £490 Fee (3% then 2% ERC after year 2)
I am presuming the 5 year, as in two years you would end up paying a £490 fee again for another 2 year fix