Should I get an offset mortgage or go for a long fix now?

bonus_uk

Our current mortgage has £78,606 outstanding at 2.24% with a 1% repayment charge until 31/3/23.

We have £22,083 in our emergency expenses account which we could sit in an offset savings account.

You can pay 10% per year without a charge on most mortgages.

What's going to be better?

Sitting on the current mortgage until Jan-Mar and refix with Natwest without any legal fees?
Remortgage to a 5 year fix to lock in current rates expecting them to be much higher by Jan-March?
Remortgage to an offset mortgage to offset the £22,083 savings against the interest?

Thrugelmir

bonus_uk said:

You can pay 10% per year without a charge on most mortgages.

Have you considered this option? 

bonus_uk

Thrugelmir said:

bonus_uk said:

You can pay 10% per year without a charge on most mortgages.

Have you considered this option? 

Yep, We've covered the 10% allowed this year already with our current mortgage.