Money Lesson Single

How long should you fix for?

Your fix is ending and the lender offers two years or five. One is a bet that rates will be kind when you refix; the other buys certainty you may not need. Here is the same mortgage, both ways, through a rate shock.

Employment Property Expenses ISA Savings Account

Fix for five years

1 Goal · 1 What-If

Take the five-year product and hand the rate decision back in 2031.

Try this plan

Employment Property Expenses ISA Savings Account

Fix for two years

1 Goal · 1 What-If

Take the cheaper two-year product and choose again in 2028.

Try this plan

Fix for five years Fix for two years

Fixing for five years leaves you ~£87.4k wealthier once the rate shock has passed.