Santander Remortgage Rate

csswiift

I’ve had my current mortgage with Santander for a couple of years if a rate of 2.16% (85% LTV).

My product is due to expire in September and the new rate is currently available at 5.59% (80% LTV).

Do we think the rates are going to reduce before September? Or should I just secure the current rate now?

Appreciate your views. 

Hoenir

Have you shopped around?  Other lenders are available.  

daivid

Rates could go up or down. As above shop around, and are there any lenders who will let you lock in a rate for a time without fully committing?