2 part mortgage where one fix ends before the other

firstbuyer

Hi All,

I'm a bit confuzzled on what the correct thing is to do, and I like to be prepared which I feel like I'm not lol

I have a two part mortgage as we ported our existing mortgage to save on the ERC's which were in their thousands.

So it goes as follows;

Part 1 (new) | £224,728.31 | 1.58% | ends 29.04.2024
Part 2 (old)   | £142,009.28 | 2.18% | ends 31.07.2023


When we initially wanted to take out the mortgage it worked whereby the fixes ended around the same time so we could remortgage and consolidate them, but now they end nearly a year apart from eachother.

What is the best plan of action here? Aware I'm going to get stung by increased rates when we remortgage etc.

Thanks!