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Mortgage fixed rate

Hi, After some advise.  We are currently year 4 into a 5 year fixed product.  With concerns on the economy and interest rate rises we are thinking of leaving early to another fix product for 5 years maybe more.  My current provider will charge £1500 as an early release fee, it can be added to the mortgage.  Do you think this would be worth it for the long terms stability of a new fixed deal.

Comments

  • Edi81
    Edi81 Posts: 1,502 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Lender?
    outstanding amount on mortgage?
    length of mortgage remaining?

    you really have given no information that helps
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